Amaanah Non-Interest Finance Company, the primary CBN-licensed Non-Interest Finance Company in Nigeria, officially launched at this time the first of October 2026 in Lagos, unveiling a spread of financial options designed to develop entry to ethical finance and create sensible pathways for people and companies to construct belongings, develop and pursue larger financial independence.
The company was formally launched at this time at The Providence Hotel, Lagos, at an occasion themed “Financial Independence: Empowering Lives Through Ethical Finance.” The launch introduced collectively stakeholders from the financial companies, enterprise, funding and non-interest finance sectors to mark the start of Amaanah’s journey and look at the position of ethical finance in increasing financial alternative.
The occasion was chaired by Dr. Umaru Kwairanga, Chairman of NGX Group, with Mr. Niyi Yusuf, Chairman of the Nigerian Economic Summit Group (NESG), serving as Co-Chair. The keynote tackle was delivered by Prof. Taofeeq Azeez, Chief Imam, University of Abuja.
Delivering the welcome tackle, Dr. Akeem Oyewale, Board Chairman of Amaanah Non-Interest Finance Company, highlighted the company’s ambition to construct a financial establishment that connects entry to finance with the values and aspirations of its prospects.
“Our ambition at Amaanah is to contribute to a financial ecosystem where people can access solutions that align with their values, where businesses can obtain responsible financing to grow, and where individuals can pursue their aspirations with greater confidence and dignity.”
The launch additionally featured a keynote tackle by Prof. Taofeeq Azeez, who spoke on the broader significance of ethical finance and its potential to assist financial empowerment and inclusive financial participation.
In his speech, he defined that “Nigerians require significant capital to finance infrastructure, expand businesses, and create jobs. Governments and traditional sources of bank financing as we know cannot meet up these requirements alone. We need financial ecosystems that are broader, cheaper and more inclusive – one capable of mobilizing capital from multiple sources, and efficiently.”
The occasion featured a presentation and overview of Amaanah’s merchandise and companies by Dr. Adewumi Oni, Ag. Managing Director/CEO of Amaanah Non-Interest Finance Company, who outlined the company’s strategy to offering sensible financial options throughout private, enterprise and funding wants.
“Amaanah is where Finance meets with purpose, opportunity meets with principles and prosperity is built with principles.”
He added that the company was born to tackle one key query: “What if Finance might do greater than present entry to cash.
“In answering this core question we provide purposeful, and impact driven finance solutions, whilst ensuring that Shariah principles are not breached.”
Amaanah’s product portfolio is designed round the true financial wants of people and companies. Through Business Asset Financing, the company offers eligible companies with financing options to purchase productive belongings that may assist operations, enhance capability and allow progress. For households, HomeFlex affords versatile financing options for important residence home equipment, serving to prospects purchase merchandise that may enhance consolation, comfort and high quality of life.
FlexiWheels offers financing options for eligible autos, supporting people who require mobility for work, enterprise and different productive financial actions. The company’s funding options are designed to allow people and companies to make investments by means of ethical funding constructions, whereas Wealth Advisory and Funds Management companies present assist for patrons searching for to handle, protect and develop their wealth in step with their financial targets and ethical rules.
The company can also be leveraging know-how to make its options extra accessible. The Amaanah Investment App is designed to simplify entry to funding alternatives, whereas the Amaanah Marketplace connects prospects to financing options for merchandise together with home equipment, autos and different eligible belongings.
A key function of the launch was a panel dialogue themed “Mobilising Local Capital for SME Growth: Challenges & Non-Interest Finance Opportunities.” The session examined the financing challenges going through small and medium-sized companies and the alternatives for non-interest finance to present different pathways for companies searching for capital to develop.
The panel featured Dr. Basheer Oshodi, President, Non-Interest Finance Association of Nigeria (NIFAN) and Managing Director, Arthur Group; Mr. Abdur-Rasheed Babalola, mni, Managing Director, Hilal Takaful; and Mrs. Sherifat Animashaun, Non-Interest Finance Expert, and was moderated by Mrs. Aisha Olowo, Chief Operating Officer, Amaanah Centre for Entrepreneurship Opportunities.
The dialog was adopted by a Q&A session, giving contributors the chance to have interaction with the audio system on the alternatives and challenges surrounding non-interest finance, SME progress and financial inclusion.
The launch additionally featured a know-how product demonstration and account drive, showcasing Amaanah’s digital platforms and offering company with a chance to expertise its technology-enabled strategy to financial companies.
For Amaanah, the launch represents greater than the introduction of one other financial companies company. It marks the start of an establishment constructed across the perception that finance can facilitate financial alternative whereas remaining aligned with the rules and values of these it serves.
Whether by means of a enterprise asset that allows an entrepreneur to develop, a automobile that creates a pathway to earnings, an equipment that improves a family’s high quality of life or an funding that helps long-term financial objectives, Amaanah seeks to make finance a sensible device for constructing larger financial independence.
As it begins operations, Amaanah Non-Interest Finance Company goals to contribute to a extra inclusive financial ecosystem the place people and companies can entry accountable financial options, construct belongings and pursue sustainable prosperity — constructing prosperity with rules.
For extra data, go to www.amaanahfinance.com or contact [email protected] or 09111447777.
Amaanah Non-Interest Finance Company
Building Prosperity with Principles.
