Join us for the exciting Shop Now Pay Later Fair, a premier event hosted by The Alternative Bank at the vibrant AltPlace in Bogije!
Date: August 31 – September 1
Location: AltPlace Bogije, Covel Plaza, Opposite Beechwood Estate Gate, Malete, Ibeju Lekki, Lagos State.
Experience a bustling marketplace where local buyers and sellers come together to celebrate and showcase Nigerian entrepreneurship. This unique fair offers an incredible SHOP NOW PAY LATER opportunity, allowing you to discover and purchase a wide range of high-quality, unique items from talented local vendors. Don’t miss this chance to support the local community, find extraordinary products, and enjoy the lively atmosphere. Join us and be part of this remarkable event!
Connect with local business owners, fellow shoppers, and industry professionals. Build valuable relationships and discover potential business opportunities.
Enjoy a variety of fun activities designed to entertain and engage attendees of all ages. From music and entertainment to games and competitions, there’s plenty to keep you entertained.
Explore a wide array of unique and high-quality products from local artisans, businesses, and entrepreneurs. From handcrafted items to innovative services, there’s something for everyone.
Take advantage of exclusive deals, discounts, and special offers from participating vendors. Shop and save on unique items you won’t find anywhere else.
Additionally, enjoy the convenience of flexible payment options with AltMall, allowing you to pay later or in small installments, making your shopping experience even more enjoyable and accessible.
Enjoy the AltBank Shopping Festival without spending a dime! Simply get pre-profiled to unlock our exclusive ‘Shop Now, Pay Later‘ option. This allows you to take home your favorite products today and pay at your convenience. Shop like a pro, stress-free!
Even if you’re not pre-profiled, you can still enjoy shopping at the AltBank Shopping Festival! Simply walk in, make your purchases, and we’ll have them delivered to you within 24-48 hours after the festival.
Altmall is the alternative mall. It is an e-commerce website with great shopping experience and flexible payment options.
Of course, altmall will be at altplace, Bogijie for the pop-up sales on the 31st of August and the 1st of September 2024.
No, you don’t need to have an altbank account to shop and pay outright but if you would like to use our buy now and pay later option, you will need to have an altbank account. Click here to open an account if you don’t already have one.
At the event, we have phones and tablets, computers and accessories, home and kitchen appliances, electronics, fashion items and accessories, food and grills, stationaries, and groceries.
No, not all the products will be sold on a buy-now & pay–later basis. Categories for this purchase on altmall include; phones and tablets, computers and accessories, home and kitchen appliances, and electronics.
Yes, during the pop-sales at altplace, Bogijie, we have special offers and juicy discounts.
Everyone can shop and make outright payments during this festival. But on the 31st of August and 1st of September 2024, only EMPLOYED customers can request a credit. If you would like to request a credit during the festival, please get pre-profiled and do so before the 31st of August and 1st of September 2024.
The maximum purchase you can make from the shop now and pay later option at the festival is N500,000 (Five Hundred Thousand Naira) Only.
As a salary earner, you need;
The best way to shop for items without spending a dime at the altbank shopping festival is to get pre-profiled.
Yes, there are lots of thank-you/free gifts to go round.
Yes, there is. Please see our returns and exchange policy here.
If you would like to get pre-profiled for the pop sales, please click here – Pop-up sales Pre-profile.
That is fine. You can still walk in and shop at the altbank shopping festival.
As a pre-profiled customer, you have to be at the altbank shopping festival at altplace, Bogijie to shop.
As a pre-profiled customer, you are meant to pick up your items at the event.
Yes, you can always shop at altmall.
As a walk-in customer within Lagos, your items will be delivered within 24-48 working hours after the festival.
Yes, you will bear the cost of delivery.
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.
