Review
21 articles tagged “Review”
Jaiz Home Finance Review (2026): Diminishing Musharakah With a 7-Year Clock
Jaiz Bank's home finance uses the structure scholars trust most, then caps it at seven years. Who it actually fits, what the 20% equity means in naira, and the numbers Jaiz will not show you.
LOTUS Homes Review (2026): Nigeria's Longest Halal Home Finance, With an Asterisk
Lotus Bank advertises up to 20 years of non-interest home finance, the longest in Nigeria. Its own website also says 10 years. What the product really offers, and how to negotiate the gap.
AltBank Home Finance Review (2026): The N80 Million Cap and the Diaspora Answer
The Alternative Bank finances homes up to N80 million over 10 years and will manage the property for you if you live abroad. What is published, what is not, and who this product genuinely fits.
Jaiz Auto Finance Review (2026): Clean Murabaha for the Salaried
Jaiz Bank's car finance is a textbook cost-plus sale over up to 48 months, built exclusively for salaried employees. What the fixed price buys you, and what the missing numbers hide.
Lotus Rides Review (2026): The Most Specified Halal Car Finance in Nigeria
80% financing, a 33% salary cap, free servicing on new cars and a verified-dealer rule: Lotus Rides publishes more terms than any competitor. The rate is still a branch secret.
TAJBank Auto Finance Review (2026): Flexible Murabaha, Invisible Numbers
TAJBank's cost-plus asset and auto finance lets you repay monthly, quarterly or annually to match your cash flow. It publishes no margin, deposit, cap or tenor. Review from the published record.
AltBank Asset Finance Review (2026): The Ijarah That Names Itself
The Alternative Bank's asset finance is one of the few Nigerian products that names its contract on the page: Ijarah, bank ownership, rentals. The pricing lesson hides in its SME sibling.
Summit SLOF Review (2026): A New Bank's Lease-to-Own, Documented but Unpriced
Summit Bank has operated since November 2025 and its Ijara lease-to-own is its most specified product: 12-60 month tenors, ownership transfer, takaful. Nobody knows what it costs yet.
AltBiz Review (2026): Nigeria's Most Transparent Halal SME Finance
Every material number of AltBank's SME facility is on the public page: 15.5% flat, 3% insurance, 20% Hamish, N5m cap. The full effective-cost math, and where the honesty gets expensive.
TAJBank Murabaha for Traders Review (2026): 90 Days, No Collateral Theatre
MFT finances profitable small traders who cannot post collateral: N500,000 to N5 million over 90 days, with goods as the deal. The design is smart; the margin is the secret.
Jaiz MSME Finance Review (2026): Agency Murabaha Plus Intervention Money
Jaiz lets you source stock from your own suppliers as the bank's agent, and channels BOI, DBN and SMEDAN funds through halal contracts. The entry rules and the silence on pricing, reviewed.
Lotus SME Finance Review (2026): Trade Cycles, Zero Fees, Dark Pricing
Lotus's SME shelf matches Murabaha to 90-day stock turns, leases equipment to 48 months and charges no fees at all. The market trader product and the negotiated markups, reviewed.
SWAY AG Review (2026): The Cheapest Published Halal Finance in Nigeria
AltBank's agricultural facility lends up to N20 million at a published 9% per annum, targeting women and youth. Why the rate is real, what the underwriting demands, and where the limits sit.
Jaiz Bank Accounts Review (2026): Nigeria's First Non-Interest Bank, Product by Product
Qard current accounts with no stated maintenance charge, Mudarabah savings paying monthly, a N500,000 term deposit and a trillion-naira balance sheet: Jaiz's deposit shelf reviewed honestly.
TAJBank Accounts Review (2026): Digital-First Banking From Nigeria's Sukuk Pioneer
Tiered Qard savings, a Musharaka account that actually pays, a N500,000 time deposit and retail sukuk from N10,000: TAJBank's deposit shelf reviewed with the numbers it publishes and the ones it hides.
Lotus Bank Accounts Review (2026): Zero-Fee Halal Banking From the South
Zero opening balance, zero maintenance charge and zero minimum balance on every account, a contract-literate product shelf, and one glaring contradiction on the savings page: Lotus Bank reviewed.
The Alternative Bank Review (2026): Sterling's Non-Interest Arm, Now the Governance Leader
A decade as Sterling's Islamic window, a 2023 standalone licence, profit up fourfold, published SME pricing and the only signed ACE report in the market: AltBank reviewed honestly.
Summit Bank Review (2026): Nigeria's Newest Non-Interest Bank, Honestly Assessed
Licensed February 2025, operating since November 2025, led by the ex-CEO of Jaiz, with a Qard Hasan current account and a N1 million term deposit. What Summit publishes, and the long list it does not.
Lotus Capital's Halal Funds: A Deep Dive (2026)
Lotus Capital pioneered halal asset management in Nigeria in 2004 and now runs the country's largest Shariah fund, its only Islamic ETF and its oldest halal balanced fund. The full verified picture.
Wahed Nigeria Review: What the Halal Robo-Adviser Gets Right, and What It Costs
Wahed is SEC-registered, names three scholars with binding authority and automates purification. It also charges 1.50% for exposure you could assemble cheaper. The full honest review.
Halvest Review: High Yields, Real Structures, and the Risks Nobody Should Skip
Halvest offers SME trade finance, dollar rental property and venture equity with self-reported returns near 34% a year. It is also unregistered with the SEC and names no Shariah board. The complete honest assessment.