NASFAT partners Alternative Bank for economic empowerment 

NASFAT

NASFAT

The Nasrul-Lahi-L-Fatih Society (NASFAT) has entered into partnership with the Alternative Bank to foster economic growth and spiritual upliftment among its members. 
   
This collaboration, according to the National Public Relations Secretary,Nasrul-Lahi-L-Fatih Society, Alhaji Shamsideen Owolabi Oseni, underscores NASFAT’s unwavering commitment to societal welfare.

In line with the agreement, Alternative Bank has approved a N50 million empowerment fund exclusively for NASFAT women in small and medium enterprises (SMEs).  
 
Oseni said this initiative is designed to strengthen women entrepreneurs, enhance their business capacities, and contribute to their financial independence.
 
According to him, the partnership also includes plans to establish a state-of-the-art abattoir for the production of clean and hygienic meat. This project aligns with NASFAT’s mission to promote health-conscious and ethical business practices within the community.
   
Alternative Bank assured NASFAT of support in the Dawah programs of Understanding the Deen, Nurturing Your Faith and Reloading the Deen for Muslim Children.
  
The bank further pledged to engage NASFAT youths and missioners in agency banking opportunities, creating employment avenues and fostering financial literacy among the younger generation. This move highlights the bank’s commitment to empowering youth as future leaders.
  
Chief Executive Officer, Alternative Bank, Hassan Yusuf, reaffirmed the institution’s dedication to supporting NASFAT’s goals. He promised economic empowerment initiatives as tools for spiritual growth and assured collaboration in agriculture when NASFAT is ready to embark on such ventures.

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