Ethical

Open Space Financial Services Limited has launched an Ethical Finance model that integrates Shariah-compliant financial structures with AI and digital technology to enhance access to capital and asset ownership for underserved individuals and businesses.

Experts in Nigeria's financial services industry advocate for ethical finance as an alternative to conventional loans, emphasizing transparency and asset-backed financing. Open Space Financial Services introduced four structures: Murabaha, Ijarah, Diminishing Musharakah, and Muda

Open Space Financial Services launched an Ethical Finance offering based on Shariah-compliant structures, targeting individuals and businesses excluded from mainstream financing. CEO Titus Adakole Ikeh emphasized the importance of financial inclusion and fairness in their product