Amaanah Non-Interest Finance Company Launches in Lagos

Amaanah Non-Interest Finance Company, the first Central Bank of Nigeria-licensed non-interest finance company, launched on Thursday in Lagos, presenting various financial solutions to enhance access to ethical finance. The event was chaired by Dr Umaru Kwairanga, Chairman of NGX Group, with Niyi Yusuf, Chairman of the Nigerian Economic Summit Group, as co-chair.

Prof. Taofeeq Azeez, Chief Imam of the University of Abuja, delivered the keynote address, discussing the significance of ethical finance in supporting financial empowerment and economic participation. Dr Akeem Oyewale, Board Chairman of Amaanah, expressed the company's ambition to align financial solutions with customer values.

Dr Adewumi Oni, Acting Managing Director/CEO, outlined Amaanah's commitment to providing practical financial solutions while adhering to Shariah principles. The company's product offerings include Business Asset Financing, HomeFlex for household appliances, and FlexiWheels for vehicle financing, aimed at addressing the financial needs of individuals and businesses.