About Us

Hayat Trust Non-Interest Microfinance Bank Ltd.(HTNIMFB)is the first of its kind to be licensed, as a non interest microfinance bank, by the Central Bank of Nigeria (CBN) in the whole southern part of the country. The bank was established to deliver the highest standards of banking services in line with the highest standards of Shari'a principles. Our goal is to create financial inclusion for the teeming populace that have been excluded, neglected, or turn their back to the interest bearing finance as a result of their religious doctrine. It follows strictly the two fundamental principles of Islamic Banking which welcomes the sharing of profit or loss and the prohibition of the collection and payment of riba (interest) by lenders and investors. Offering a broad range of products designed for individuals and small business corporations, Hayat Trust Non-Interest MFB is the right choice for those looking for excellence in managing their finances. At the heart of the HTNIMFB experience is a dedication to the customer, who sits at the heart of the bank. Our customers are our partners, we work together to ensure that we deliver the best results for them and for the bank. By utilizing Islamic financing tools like Murabaha, Ijarah, Musharakah, and Takaful, we reduce the uncertainty in transactions and provide solutions that are right for our customers, whether they are an individual looking to save or a medium scale corporation searching for a long term partner. As the number one in the Southern part of Nigeria,we are very much ready to deploy appropriate technology that reflects our innovative approach to our commitment to delivering the best financial solutions in the market. OUR CORPORATE INFORMATION Hayat Trust Non-Interest Microfinance Bank Limited was registered by the Corporate Affairs Commission on the 20th of November 2023, RC 2004406 and has been given an Approval to operate banking system as Unit 2 tier 1 on the 20th of February 2024. Though relatively young, the company has behind it practitioners of long-standing experience in the banking industry. For instance, the Chief Executive Officer is an accomplished practitioner with over ten (10) years cognitive experience in the industry. HTNIMFB is poised to revolutionize the Islamic Microfinance Bank in Nigeria by not only bringing into the fore but exemplify such worldwide principles of treating customers in a friendly manner, fairness, contract certainty and disclosure as well as issues of corporate governance and sound ethical practice. HTNIMFB wishes to create for itself a niche for unparalleled personalized service delivery sponsored by sound professionalism, high sense of integrity and ethical standard.

About our Ethical Banking

Non-Interest Banking is a growing global phenomenon practised in nearly 80 countries across the world including the United Kingdom, Canada, the United States of America, the United Arab Emirates, Malaysia, China, Singapore, South Africa, Kenya etc. Global Banks like HSBC, Citibank, Barclays Bank, Standard Chartered etc. are also offering non-interest banking products and services.
It is an alternative financial service offering that is open to all, irrespective of race or religion. It is based on the ethical principles of fairness, transparency and objectivity. Non-Interest Banking offers almost all the services of conventional banks.
The difference is that Islamic Banks do not give or receive interest, nor finance anything that is harmful to the society like alcohol, tobacco, gambling etc. They also avoid gharar- speculation, extreme uncertainty and deception. A significant portion of Nigerian population is desirous of ethical banking services which Non-Interest Banking is poised to deliver.
In a nutshell, Non-Interest Banking is real-economy oriented where profit and loss sharing arrangement, mark-up, leasing and partnership are mostly the mode of financing.

                                                                                                                                                                                                                  What the Bank will be

                                                                                                                                                                                                                     100% Shari’ah compliant
                                                                                                                                                                Highly ethical, with best practice corporate governance and sound risk management framework.
                                                                                                                                                                              Proactive and innovative towards customer’s needs
                                                                                                                                                                               Best-practice operations and functional framework
                                                                                                                                                                                                                        Customer-Centric
                                                                                                                                                                                                                       Socially responsible
                                                                                                                                                                                                                       Fair to all Stakeholders
                                                                                                                                                                                                                        Ideal business partner

 

 

                                                                                                                                                                                                                                What the Religious bias


                                                                                                                                                                                                                                  Offer all things to all people 
                                                                                                                                                                                                                                     Mediocre performer
                                                                                                                                                                                                                                    Imitate other banks
                                                                                                                                                                                                  Sacrifice Shari’ah principles for profitBank will not be

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.