CFX8+2R3, Admiralty Wy, Lekki Phase 1, Lekki 106104, Lagos
320, Herbert Macaulay Way, Sabo , Yaba, Lagos State
Covel plaza, opposite Beechwood estate gate, Malete, Ibeju Lekki, Lagos state
No 2, block C1, Civic centre ultra modern market, railway premises, civic center road,
27, Libreville Crescent, off Aminu Kano, Wuse 2
Ojota 2 | Lagos
430, Ikorodu Road , Ojota, Lagos Close To Ojota Bus Stop, Lagos.
Ojuelegba | Lagos
39, Ojuelegba Rd , Surulere Near Tejosho Market.
Ajegunle | Lagos
Mobil road Ajegunle boundary, Apapa
Sura | Lagos
Simpson street, Lagos island
Abule Egba, Oko Oba | Lagos
Old Lagos-Abeokuta Expressway
Challenge Mushin | Lagos
Agege motor road Mushin
Oshodi SS | Lagos
Oshodi Apapa Express Wayoff Anthony Village B/Stop, By Lastma Office, Oshodi-Isale.
Tinubu Village | Lagos
63, Ikorodu Road , Fadeyi, Lagos,Fadeyi Bus Stop, Jibowu, Lagos.
MM WAY | Lagos
150/152 Mm Way, Ebute Metta Along Murtala Murhamed Way, Ebute Meta, Yaba.
GWAGWALADA | Abuja
Along Gwagwalada – Abaji Rd
New Karu | Abuja
Keffi Abuja Rd Keffi/ Abuja Rd ,New Nyayan
Wuse 1 | Abuja
Zone 5, Wuse 1, Opposite Obatoil
Gwarimpa | Abuja
Plot 4 First Avenue, Gwarinpa
Asokoro | Abuja
Opposite Police Headquarters Asokoro
UTAKO (EM WORLD) | Abuja
Okonjo Iwela Way, Utako Abuja
Tipper Garage | Abuja
Katampe Junction Along Kubwa Express
WUSE 2 | Abuja
Berger Junction, Zone 6, Abujaberger Roundabout
Ado Owo | Ondo
Ado/Owo Junction, Akure – Owo Expressway, Akure
Osogbo Road, Ilesa | Osun
Oshogbo Road, Ilesha West
Okene | Kogi
Okene-Lokoja Road, Before Fce First Gate, Okene
Airport road Maiduguri |Borno
Airport Road, Opp. Elkanemi, Maidugri.
Jalingo | Taraba
Along Hama Ruwa Way-Jalingo
Warri | Delta
Airport road, Warri
| SN | BRANCH NAME | BRANCH ADDRESS | STATE |
|---|---|---|---|
| 1 | MAMMAN KONTAGORA | CLOSE – AREA 3 | PLOT 450 MAMMAN KOTAGORA CLOSE, AREA3, FCT,ABUJA |
| 2 | STERLING BOULEVARD – CBD | PLOT 1083 MUHAMMAD BUHARI WAY, CBD, ABUJA | ABUJA |
| 3 | ALI AKILU | 9, ALI AKILU RD | KADUNA |
| 4 | MM WAY – KANO | 110, MURTALA MOHAMMED WAY | KANO |
| 5 | DUTSE KIYAWA RD | OPP OANDO FILLING STATION | DUTSE, JIGAWA |
| 6 | HEAD OFFICE BRANCH | 22, MARINA | LAGOS |
| 7 | BAKKY PLAZA – LEKKI | AGUNGI BUS STOP BAKKY PLAZA LEKKI | LAGOS |
| 8 | 30 ADETOKUNBO ADEMOLA (AA1) | 30, ADETOKUNBO ADEMOLA STREET V/ISLAND | LAGOS |
| 9 | OGUNLANA | 141, OGUNLANA DRIVE | SURULERE LAGOS |
| 10 | IWO ROAD – IBADAN | 49A, IWO ROAD | IBADAN, OYO STATE |
| 11 | DUGBE | 3, OBAFEMI AWOLOWO WAY | DUGBE, OYO STATE |
| 12 | ABEOKUTA | ABEOKUTA SPORT CLUB ROAD, OPIC ROUNDABOUT, OKEILEWO, ABEOKUTA (B/W BIG TREAT & SWEET SENSATION) | OGUN |
| 13 | IBRAHIM TAIWO – ILORIN | PLOT 240, IBRAHIM TAIWO ROAD, ILORIN | KWARA |
Copyright © 2024, The Alternative Bank.
Licensed by the Central Bank of Nigeria 
The Alternative Bank is an independent financial organization in the Non-interest Banking (NIB) sector. If you receive services from, or if you have any other questions, please reach out to us via any of our contact channels. Registered address: 239 Ikorodu Road, Lagos. Financial operations on the Alternative Bank is authorised and regulated by the Central Bank of Nigeria. License to commence operations was granted in 2014. Trading and investment products provided by the Alternative Bank is wholly owned.
We are dedicated to ensuring adherence to Non-Interest Banking principles through the appointment of an Advisory Committee of Experts (ACE). The ACE is tasked with the review and approval of all our products and processes after ensuring full compliance with NIB principles.
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Abubakar Muhammad Musa is currently a Sharia Advisor and Consultant for SHAPE Knowledge Services a consulting firm based in Kuwait. He has been involved in product development, Sharia research and approval of Islamic banking products for different clients. His work covers retail banking, corporate banking and project finance deals.
Formerly, Abubakar worked as a Researcher in different units at International Shariah Research Academy for Islamic Finance (ISRA) in Kuala Lumpur, Malaysia. Besides his primary assignments in ISRA, he taught Shariah Rules in Financial Transactions to Chartered Islamic Finance Professional (CIFP) Masters online Students of International Centre for Education in Islamic Finance (INCEIF), Malaysia. He also taught MBA and BBA Students different Islamic Banking and Finance Subjects at University College of Bahrain.
Abubakar holds two Diplomas with distinction, one in Islamic Law and the other in Arabic Language from Al-Imam University Riyadh. He also holds LLB (Hons) degree in Shariah from the same University. He successfully completed his (CIFP) Professional Masters Degree Programme at (INCEIF), Malaysia. He had his internship program on Islamic Banking & Finance at Fajr Capital in Kuala Lumpur. During the programme, Abubakar conducted research relating to product structuring and market development.
Abdurraheem Ahmad Sayi is a legal practitioner and Consultant of over 16 years of active legal practice. He is currently the principal partner, A.A. Sayi & Co. (Qist Chambers) and Qadi, Independent Shari’ah Panel of Lagos State – a platform, through which he has delivered several judgments of in-depth analysis, widely applauded by leading legal and intellectual icons, including learned Judges, professors of law and Islamic Studies.
He is the Executive Director/C.E.O., ClearPath Islamic Centre (Incorporated), Lekki-Lagos and Chief Imam, SilverPoint Central Mosque, Badore, Ajah-Lagos. Fondly called Imam Sayi, Abdurraheem is the designate Chairman, Shari’ah Advisory Committee, Mutual Benefit Takaaful.
Imam Sayi has also authored a few works, some of which include: The Financial Obligations: a compendium of essays on monetary or material obligations under Islamic Law and Waqf (Charity Endowment): The Governing Principles.
He holds a Certificate on Improving Personal Effectiveness from the Lagos Business School (Pan African University) and he is a recipient of numerous awards and certificates of merits.
Education:
Master of Arts Law and Diplomacy, The Fletcher School of Law & Diplomacy.
Bachelor of Arts Arabic & Islamic Studies, The University of Chicago.
Shariah Board Experience:
Bank Muscat Meethaq (2013 – 2017)
Sterling Bank Nigeria (Since 2013)
University Bank, USA (Since 2006)
Abdulkader Thomas has over 35 years of diversified financial services experience in major markets. With a Master of Arts Law and Diplomacy from The Fletcher School of Law & Diplomacy and a BA in Arabic & Islamic Studies from The University of Chicago. His areas of activity have included trade finance, real estate finance, securities and alternative finance.
As the general manager of a foreign bank branch in New York, he secured the first US regulatory approvals of Islamic mortgage and instalment credit/sale as banking instruments. Later, he secured US regulatory approval for profit sharing deposits. Abdulkader has been involved in the successful implementation of these products in the US market. With more than 17years Shariah Board Experience in Bank Muscat Meethaq, Sterling Bank Nigeria and University Bank USA, Abdulkader has worked on IFTA projects in Europe, Africa, Southeast Asia, and an authority on Islamic deal structures and securities.
He also serves as a director of Alkhabeer Capital in Jeddah and Chairman of Alkhabeer (DIFC). He is a member of the international advisory board of the Securities Commission of Malaysia, a published author, and an active speaker on Islamic finance.
