About us

A Sharia-compliant institution built for Somalia

Midnimo Microfinance Institution Company (MMIC) delivers dignified, ethical finance to underserved communities across Somalia.

Midnimo Microfinance branch operations in Somalia
Est. 2020Mogadishu, Somalia

Who we are

Finance with dignity, rooted in community

Midnimo Microfinance Institution Company, abbreviated as MMIC, is a licensed Sharia-compliant microfinance institution headquartered in Mogadishu, Somalia. Founded in 2020 in partnership with the Danish Refugee Council (DRC) and the Somali Center for Education and Consultancy (SCEC), we deliver dignified, accessible, and ethical financial services to marginalized communities across the country.

We operate at the intersection of Islamic finance, social impact, and community development — offering a comprehensive suite of financial products and non-financial services designed to build economic resilience, promote entrepreneurship, and strengthen livelihoods in Somalia's most vulnerable regions.

Our purpose

Mission & vision

Our mission

To expand access to responsible, Sharia-compliant financial services that empower underserved communities, strengthen livelihoods, and support sustainable economic growth across Somalia.

Our vision

To become a leading Islamic microfinance institution in Somalia, recognized for trust, inclusion, innovation, and measurable community impact.

What guides us

Our core values

IntegrityHonesty and accountability in all operations.
Sharia complianceIslamic finance principles at our core.
Inclusion & dignityServing every community with respect.
Client-centeredPutting beneficiaries first, always.
EmpowermentBuilding community self-reliance.
ExcellenceThe highest professional standards.

Governance & compliance

Built to institutional & donor standards

A professional governance framework ensuring transparency, accountability, and effective management of both financial and social objectives.

Sharia Advisory BoardAn independent board of qualified Islamic scholars reviews and certifies all products.
Annual Shariah certificationAnnual Shariah compliance certification issued to the Board.
Risk managementCredit, operational, liquidity, market, Shariah, and strategic risk controls.
Internal auditAn internal audit function reviews operations and compliance continuously.
SafeguardingPSEA and child-safeguarding policies adopted and in place.
Anti-corruptionAnti-bribery and anti-corruption compliance framework adopted.

Why we matter

Closing Somalia's financial inclusion gap

Aligned with the Sustainable Development Goals, we expand opportunity where conventional finance does not reach.

0+
Active clients served
0%
Women clients
0%
Youth beneficiaries
0+
IDP & returnee entrepreneurs

Our people

Meet our team

The leadership and professionals guiding Midnimo Microfinance.

Board of Directors

Ibrahim Mohamed Isak

Ibrahim Mohamed Isak

Board Chairperson

Provides governance oversight, strategic guidance, and board leadership for the company.

Executive Management

Abdiwali Hussein Hassan

Abdiwali Hussein Hassan

Chief Executive Officer CEO

Leads the company’s strategy, operations, growth, and stakeholder engagement as Chief Executive Officer.

Operations & Finance

Mohamed Mukhtar Hassan

Mohamed Mukhtar Hassan

Finance & Compliance Officer

Oversees financial management, compliance, reporting, and internal controls to support transparency and accoun…

Mohamed Jamal Abdisalam

Mohamed Jamal Abdisalam

Operations Leadership

Oversees daily operations, supports service delivery, and ensures efficient implementation of the company’s op…

Ready to grow with ethical finance?

Whether you are seeking financing, training, or a partnership, our team is ready to help you take the next step.

Apply for Financing Partner with Us WhatsApp