AL-HALALMoberi Idi-Ishin, Ibadan

Our Services

Every cooperative service, one wallet

Your AL-HALAL wallet is split into segments so it's always clear what your money is for — and every service below is built to keep transactions halal, transparent, and member-first.

Special Deposit

Your primary, freely withdrawable account. Deposit anytime by notifying us — funds are credited once confirmed, and this is the only segment you can withdraw externally.

  • ✓Instant deposit notification from the app
  • ✓Auto-approved withdrawals up to ₦5,000
  • ✓Foundation for every other service

Savings & Shares

Build long-term savings and hold shares in the cooperative — both count toward your loan eligibility.

  • ✓Grows your standing in the cooperative
  • ✓Directly increases your loan eligibility
  • ✓Fully visible in your wallet at all times

Investment Window

Participate in periodic investment windows and share in the cooperative’s halal-compliant returns.

  • ✓Seasonal investment windows announced in-app
  • ✓Transparent qualification thresholds
  • ✓Zero interest — profit-and-loss sharing model

Interest-Free Loans (Qard Hasan)

A benevolent loan with zero interest — you repay only what you borrowed, nothing more, ever.

  • ✓Guarantor consent required
  • ✓4-step officer approval process
  • ✓Disbursed directly to your bank account

Transparent Purchases (Murabaha)

Request goods through the cooperative at a clear, agreed price — the profit the cooperative adds is disclosed to you upfront, never hidden.

  • ✓Price shown explicitly, item by item
  • ✓Pay instantly or on 90-day instalment
  • ✓No interest — a fixed, disclosed price

Bills & Airtime

Pay for airtime, mobile data, TV subscriptions, and electricity tokens directly from your wallet.

  • ✓MTN, Airtel, Glo, 9mobile airtime & data
  • ✓DSTV, GOTV, Startimes subscriptions
  • ✓Prepaid & postpaid electricity tokens

Want to access these services?

Register Your Interest