NON-INTEREST FINANCE

Ethical finance based on the core principles of fairness and social justice.

DID YOU KNOW

Non-interest finance works on a profit sharing basis, where profits derived from permissible transactions are shared amongst the depositors and the bank’s shareholders

The Working Group's actions have resulted in the development of a portfolio of non-interest banking/finance products as well as the issuance of key regulations and guidelines to support the development and growth of the non-interest banking/finance sector in Nigeria.

NIFWG milestones