Amaanah Non-Interest Finance Company, a CBN-licenced firm, is launching on October 1, 2026, in Lagos. The company aims to provide ethical financial solutions to individuals and businesses, enabling them to access finance, build assets, and pursue sustainable economic opportunities. The launch event, themed "Financial Independence: Empowering Lives Through Ethical Finance," will feature leading figures from the financial services and non-interest finance sectors.
The launch event will be 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. Prof. Taofeeq Azeez, Chief Imam, University of Abuja, will deliver the keynote address. A panel session will feature industry experts, including Dr. Basheer Oshodi, President of NIFAN and Managing Director of Arthur Group, and Mrs. Sherifat Animashaun, a Non-Interest Finance Expert.
The company's Acting MD/CEO, Dr. Adewumi Oni, will present an overview of Amaanah, its vision, and its products and services. Amaanah was established on the principle that access to finance should not require individuals to compromise their values. The company focuses on providing solutions that support productive economic activity, expand access to finance, and create pathways to greater financial independence.
Amaanah offers various products and services, including Business Asset Financing, which provides eligible businesses with financing solutions to acquire productive assets. This enables businesses to support their operations, improve capacity, and drive growth. The company recognizes that having the right asset can be the difference between having a business opportunity and being able to fully pursue it.
In addition to Business Asset Financing, Amaanah offers HomeFlex, a flexible financing solution for essential home appliances. This helps customers acquire products that can improve comfort, convenience, and quality of life. The company's products and services are designed around real needs, aiming to support individuals and businesses in achieving their goals.
The launch event will bring together stakeholders to explore the role of ethical finance in expanding economic opportunity and supporting financial independence. The conversation will be moderated by Mrs. Aisha Olowo, Chief Operating Officer, Amaanah Centre for Entrepreneurship Opportunities. The event aims to promote awareness and understanding of ethical finance and its benefits.
Amaanah's establishment is a significant development in Nigeria's financial sector, as it seeks to provide alternative financial solutions that align with customers' values. With its launch, the company is poised to contribute to the country's financial inclusion efforts and promote sustainable economic growth. The company's vision is to create possibilities without requiring individuals to compromise their principles.
Key points
- Amaanah Non-Interest Finance Company is set to launch in Lagos, offering ethical financial solutions to individuals and businesses.
- The company's products and services include Business Asset Financing and HomeFlex, designed to support productive economic activity and expand access to finance.
- The launch event will feature leading figures from the financial services and non-interest finance sectors, promoting awareness and understanding of ethical finance.
