• As SMEs get grants to scale up ventures
The maiden edition of the Ijebu Muslim Business Summit (IMBS) gathered seasoned professionals, entrepreneurs, and Islamic finance experts to explore ethical business pathways guided by Islamic principles.
Held under the resonant theme, “Sustaining Growth with Islamic Principles,” the summit attracted over 300 participants from across the region. The shared goal was to reimagine business through faith, innovation, and impact.
Professor Tajudeen Yusuf, President of the Institute of Islamic Finance Professionals, delivered the keynote address, emphasizing the urgent need for value-driven enterprises.
Speaking on “Building a Sustainable Future: Harnessing Islamic Principles for Business Growth and Economic Prosperity,” he stressed the importance of trust, fairness, non-interest financing, and social justice as foundations for long-term success.
“Islamic finance is not merely a religious alternative; it is a framework of resilience, ethics, and empowerment,” he affirmed.
The panel session expanded the discussion with thought leaders from diverse industries. Alhaji Afui Ettu, CEO of Folafunmi Pharmacy, shared insights on resilience and integrity in retail healthcare.
Mr. Raheem Musa, Managing Director of Hayat Trust Non-Interest Microfinance Bank Ltd, explored the potential of interest-free banking in alleviating poverty.
Dr. Jubril Olukayode Lasisi, CEO of Kaylass Innovation and Investment Ltd, discussed the role of innovation in unlocking Halal investment opportunities.
Mr. Sherrif Awonuga, CTO of Autocredit and TTA, delved into integrating technology with Islamic compliance for scalable financial solutions.
Miss Hajarah Adams, founder of HajjyGadgets, represented the youth and digital retail space, inspiring young Muslims to balance commerce with character.
A special contributor segment featured Professor Taofiki Ajani Salako, Chairman of the Board of Trustees of Al-Hayat Relief Foundation, advocating for cooperative synergy between Islamic organizations and business platforms.
Barrister AbdurRafii Adesina Baruwa, Principal Partner at Hijrah Attorneys, discussed the legal framework for interest-free entrepreneurship, while Dr. Asif Azeez, CEO of Tubazas Concepts, emphasized mentorship as a pillar for lasting business growth.
A major highlight of the event was the disbursement of a ₦200,000 grant to selected Small and Medium Enterprises (SMEs) to help scale their ventures in line with ethical business practices.
At the closing session, Mr. Baruwa Ubaydullah , Convener of IMBS 2025, expressed deep gratitude to the speakers, volunteers, and attendees. “This summit was not just an event , it was a movement toward sustainable, Islamic-driven prosperity,” he said.
With renewed resolve and expanded networks, participants left the summit inspired and equipped to lead businesses that honor both purpose and profit.
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