The Alternative Foodbank Initiative
The Alternative Food Bank Initiative is dedicated to combating food insecurity in communities across Nigeria.
We are committed to reducing hunger levels year after year by identifying areas in need and providing essential food items to individuals and families facing hardship.
The Alternative Food Bank Initiative is a charitable program aimed at distributing food and consumable groceries to individuals and families in need in specified areas of the country.
According to the Global Hunger Index, Nigeria ranks 109th out of 125 countries with a score of 28.3, indicating a serious level of hunger. Therefore, our objective is to contribute to our quota by reducing the level of hunger and touching over 1000 individuals or families year on year.
We aim to identify areas where there is a lack of basic needs and a significant need for a food bank in our community. By looking for factors such as poverty rates, unemployment rates, and food insecurity statistics, these communities will be identified.
The Alternative Food Bank will partner and collaborate with organizations that share similar goals to ensure we cater to all identified communities and households in need in a timely and efficient manner.
Imagine a family in a struggling community facing food insecurity. Thanks to your donations, they can visit our partner vendors and redeem food vouchers for a week’s worth of meals. The Alternative Food Bank identifies communities like this and will ensure consistent weekly support by providing cooked meals and leveraging food vendor collaborations. By donating, volunteering, or spreading the word, you can help us reach our goal of touching over 1,000 individuals and families year-round.
Your generosity will provide food assistance to the less fortunate and help us pave the way towards the wellbeing of those in need in our society and together, we can make a positive impact on the lives of those less fortunate.
OR donate via Bank Transfer to the following beneficiary details:
Bank: The Alternative Bank
Account number: 0504899141
Account Name: The Alternative Foodbank
We are incredibly grateful for your willingness to join us in the provision fight against hunger, by providing meals for those in need. Your time, energy, passion, and resources are invaluable to our mission.
Your hard work and dedication make a real difference in the lives of those we serve. Thank you for being a part of our team.
We hope you will continue to volunteer with us and help us make a difference in our communities
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.
