Government Approved — Reg No: OS/2324

Empowering the Ummah through Ethical Finance

Save, invest, and access interest-free halal financing options securely in Ila-Orangun and beyond. Let your money work for you, the halal way.

Halal Savings Overview

  • Basic Tier: Min ₦2,000 monthly
  • Standard Tier: Min ₦5,000 monthly
  • Premium Tier: Min ₦10,000 monthly
  • No interest Riba structure
  • Welfare Support & Dividends
Access Member Dashboard

As-Salam Multipurpose Islamic Cooperative Society

An association established in Ila-Orangun, Osun State, dedicated to eradicating usury (Riba) while enabling growth within the local community.

Guided by Islamic values, our cooperative assists members in secure savings, venture investing, mutual welfare funding, and low-cost ethical capital accumulation. Our framework maintains rigorous compliance checks and is government-registered.

100%

Halal & Riba-Free

Regulated

OS/2324 Approved
Mission

Enabling economic independence for members using mutual Islamic finance policies.

Vision

To be a leading provider of interest-free collaborative financing in the region.

Membership Tiers

Select an entry registration plan matched to your monthly target capacity

Tier 01

Basic Tier

₦3,000

One-time registration fee


  • Monthly Savings: ₦2,000 - ₦300,000
  • Welfare Fund: ₦150 monthly
  • Share Capital: Min ₦50,000 (First 6 Months)
  • Dev Levy: ₦100 monthly
Select Basic
Popular
Tier 02

Standard Tier

₦5,000

One-time registration fee


  • Monthly Savings: ₦5,000 - ₦600,000
  • Welfare Fund: ₦250 monthly
  • Share Capital: Min ₦100,000 (First 6 Months)
  • Dev Levy: ₦250 monthly
Select Standard
Tier 03

Premium Tier

₦7,500

One-time registration fee


  • Monthly Savings: ₦10,000 - ₦2,000,000
  • Welfare Fund: ₦500 monthly
  • Share Capital: Min ₦200,000 (First 6 Months)
  • Dev Levy: ₦500 monthly
Select Premium

Halal Finance Calculator

Calculate loan eligibility based on accumulated savings balances

Eligible Financing Capital ₦200,000.00
Monthly Instalment Plan ₦16,666.67