The Nasrul-Lahi-l-Fatih Society (NASFAT) has called on the Federal Government to consider faith-based principles in its financial empowerment programmes for Nigerians.Imam Abdul-Azeez Onike, NASFAT's Chief Missioner, made the appeal following Vice Pre…  | By Busola Bamidele on September 16, 2025 | The Nasrul-Lahi-l-Fatih Society (NASFAT) has called on the Federal Government to consider faith-based principles in its financial empowerment programmes for Nigerians. Imam Abdul-Azeez Onike, NASFAT's Chief Missioner, made the appeal following Vice President Kashim Shettima's directive to disburse ₦250 billion in credit support to smallholder farmers at a single-digit interest rate through the Presidential Food Systems Coordinating Unit (PFSCU). Read also: While commending the initiative, Onike stressed that both Islam and Christianity disapprove of interest-based loans, which he described as exploitative and harmful to social and economic harmony. He urged the government to engage religious leaders in shaping alternatives such as interest-free financing models that align with ethical values. He added that such inclusivity would not only protect farmers of faith but also strengthen trust and participation in the empowerment scheme. | | | |
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