Business

Nigeria Debuts Non-Interest Mortgage Scheme in Kano to Expand Affordable Housing Access

The Nigerian federal government has rolled out a new non-interest housing finance product via the Federal Mortgage Bank of Nigeria. Launched in Kano, the initiative leverages Islamic finance principles to bridge homeownership gaps for underserved citizens.

Blueprint·October 29, 2026AI-curated

The federal government has launched a non-interest housing finance product under the Federal Mortgage Bank of Nigeria in Kano. It is called ‘Ijaarah Mumtahiya Bittamleek [...]

nigeriahousingislamic financekanobanking

This story was sourced from Blueprint and rewritten in SEVA editorial voice. Read the full original at the source.