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