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Islamic Banking: Metropolitan Law Firm roll out an endowment fund for indigent Nigerians

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Islamic Banking: Metropolitan Law Firm roll out an endowment fund for indigent Nigerians

Islamic Banking: Metropolitan Law Firm roll out an endowment fund for indigent Nigerians

By: Michael Mike

The Metropolitan Law Firm has launched an endowment fund under the Islamic Banking guidelines to cater to the education of indigent Nigerians for basic to tertiary institutions.

The fund, called Waqf, is an instrument of Islamic Estate Planning largely designed for charitable and philanthropic activities to solve social problems.

Managing Partner, The Metropolitan Firm, Ummahani Amin, said N60 million seed funding has been committed to the fund and is targeted at the less privileged children, particularly orphans in the northeast by providing scholarships and complementing efforts aimed at dousing the burgeoning number of out-of-school children in the country.

She made this known at the 5th Annual Islamic Estate Planning and Clinic and the official launch of the Metropolitan Waqf fund on Sunday in Abuja organised in partnership with the FBNQuest Trustees, a subsidiary of FBN Holdings

Amin said the philanthropic activity will kick off in the Northeast because it is the region of the country that is most ravaged by insurgency and wanton killings which have left many destitute.

She added that the fund is focusing on education because it is a major social problem in the country that must be addressed for the country to attain desired development.

“We are targeting Northeast right now when it expands, it would be for everyone that meets the criteria. We will start with scholarships, but in the long run, we intend to have schools, especially for that with the best quality education and teachers to nurture and train the children till tertiary level, and we intend to give scholarships to either study in or out of the country at the tertiary level,” she said.

While noting that Waqf is an aspect of Islamic social financing targeted at solving a social problem, she said the fund is open for donations from individuals, and institutions. She equally noted that the Waqf is part of the Corporate Social Responsibility (CSR) of the Metropolitan Law.

Abimbola Ajinibi, Senior Vice President, FBNQuest informed that the non-Muslims can benefit from the endowment fund. He said the role of FBNQuest would be to ensure that the interest of the beneficiaries is protected.

“Waqf is called Islamic trust. It simply means that you have three parties, a set law, trustees, and the beneficiaries. Essentially, the trustees hold assets for the benefit of the named beneficiary. Today, we are launching Metropolitan Waqf which means that we are setting up a trust for the benefit of certain people. So we (FBN Quest) are going to act as delegate trustees to ensure that the interest of the beneficiaries is protected,” he said.

In the same vein, the Senator-Elect of FCT under the Labour Party and the member of the Board for the Metropolitan Waqf Fund, Ireti Kingibe, emphasized that the target is to help out-of-school children in the country, especially from the north.

Kingibe also used the opportunity to assure that she will use her office when she assumes office to ameliorate the plight of the marginalized groups in the FCT, especially the youth, women, and children.

Also in her presentation, Mutiat Olatunji, Private Trust Specialist, while giving an overview of the Islamic Estate Planning and Wealth Transfer defined estate planning as a structure set up during a person’s lifetime to cater to o the needs of both immediate and extended family, charitable and philanthropic activities

She also explained Waqf is a veritable tool for inheritance planning, and also be used to cater to generational wealth transfer, medical needs, and charitable activities among others.

Islamic Banking: Metropolitan Law Firm roll out an endowment fund for indigent Nigerians

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Army troops restore calm after farmers, herders clash in Sokoto

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Army troops restore calm after farmers, herders clash in Sokoto

By: Zagazola Makama

The troops of Operation FANSAN YANMA have restored normalcy to Karangiya and Danjawo villages in Silame Local Government Area following a violent clash between farmers and herders on Sunday.

Zagazola reliably informed by sources that the clash erupted at about 9 a.m. over alleged cultivation of farmlands along cattle routes.

According to the sources, the altercation between Hausa farmers from Karangiya and Fulani herders from Danjawo escalated into violence before security operatives intervened.

The troops swiftly moved to the scene to restore order.

Nine people from both sides five farmers and four herders sustained varying degrees of injuries. Five were treated and discharged at the Silame General Hospital, while three others are still receiving treatment.

The Chairman of Silame Local Government Area has convened an emergency stakeholders’ meeting to find a lasting solution to the dispute.

Intensive patrols and surveillance have been intensified in the affected communities, while calm has been restored.

Army troops restore calm after farmers, herders clash in Sokoto

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WANEP Hosts National Briefing on Rising Concerns of Religious Radicalism•Highlights risks of unregulated Madrassas in Nigeria

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WANEP Hosts National Briefing on Rising Concerns of Religious Radicalism
•Highlights risks of unregulated Madrassas in Nigeria

By: Michael Mike

The West Africa Network for Peacebuilding (WANEP), under the EU-supported Research and Action for Peace (REcAP) program, hosted a national deliberative briefing to present key findings from two studies exploring the ideological, cultural, and security implications of madrassas in both Northern and Southwestern Nigeria.

This was disclosed in a statement made available on Monday by Mr Emmanuel Ami-Okhani, the representative of the West Africa Network for Peacebuilding (WANEP) in Nigeria.

The session was attended by policymakers, researchers, civil society actors, and security stakeholders, focused on understanding how religious education intersects with radical ideologies, external funding, and youth identity in Nigeria.

The REcAP project, implemented by WANEP in partnership with the Danish Refugee Council (DRC) and the Stockholm International Peace Research Institute (SIPRI), aims to strengthen the role of civil society and research in shaping effective responses to conflict, violent extremism, and peacebuilding across West Africa and the Lake Chad Basin.

One of the working paper presentations of a major study titled “Madrasas, Charities and Religious Radicalism in Northern Nigeria: A Study of the Almajiri System,” authored by Prof. Freedom Onuoha, Dr Saheed Babajide Owonikoko, and Dr Chukwuma Okoli, explored the theological foundations and operational structures of the Almajiri system, particularly in Abuja, Kano, and Borno states, regions selected for their population size, security relevance, and Islamic education presence.

The research highlighted that the Almajiri system, rooted in the Arabic term al-muhajirun (meaning “to migrate for knowledge”), has historically served as a respected Islamic education platform but has since suffered neglect, a lack of regulation, and infiltration by unverified foreign actors.

According to Owonikoko, who presented the paper, the study found evidence of informal funding from foreign religious charities, mainly from the Middle East. Still, it warned that such support is largely undocumented, making it difficult to monitor for extremist influence.

He disclosed that, based on interviews conducted with school custodians, scholars, former Almajiri students, and security agents, a key concern is the lack of transparency surrounding financial donations and the ideological content introduced by some foreign-linked clerics.

He cited historical and contemporary cases where charities from countries like Saudi Arabia and Iran supported specific sectarian ideologies within Almajiri schools. However, direct links between this support and actual radicalisation remain hard to legally establish due to the clandestine nature of donations.

Owonikoko noted during the presentation that “most Almajiri schools are not documented or supervised, making them vulnerable to ideological manipulation through informal funding channels.”

“While the majority of Almajiri students are peaceful and focused on Quranic education, the lack of structure creates loopholes that can be exploited by extremist elements.”

A second study titled “Madrassas and Islamic Extremism among Teenage Muslim Students in Southwestern Nigeria” was presented by Dr Busari Dauda of the University of Ilorin. Co-authored with Dr Alatise Remi Kasalla from Osogbo, provided an empirical view of how madrassas are shaping youth religious identity in the South-West amidst growing ideological influences from the Middle East.

Unlike the Northern context, madrassas in Ilorin, Ibadan, and Osogbo were found to be more structured, often registered with education ministries and integrated into Yoruba Islamic cultural life, Dr Dauda revealed.

However, the study noted that sectarian interests and prestige-seeking among madrassa founders contribute to the proliferation of ideologically driven schools. Economic motivations and cultural acceptance also play significant roles in their expansion.

Dauda, during his presentation, stressed that, while the study found no widespread evidence of violent radicalisation, it did highlight growing perceptions of global injustice among teenage students, particularly around issues like the Palestinian conflict and Western treatment of Muslims.

He said, these sentiments, amplified by digital media and foreign ideological narratives, shape how young Muslims interpret their religious and social identity.

Dauda emphasised that “extremism is not part of the curriculum, but ideological influences can filter in through sect-based teachings and global narratives of Muslim victimhood.”

WANEP Hosts National Briefing on Rising Concerns of Religious Radicalism
•Highlights risks of unregulated Madrassas in Nigeria

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Army troops recover 70 rustled livestock after gun duel with bandits in Katsina

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Army troops recover 70 rustled livestock after gun duel with bandits in Katsina

By: Zagazola Makama

Army troops of Operation FANSAN YANMA in Katsina have recovered 70 goats and several sheep after engaging suspected bandits in a fierce gun battle in Bakori Local Government Area of the state.

Sources indicated that the incident occurred on Oct. 25, 2025, at about 11:50 p.m., when armed men suspected to be bandits loyal to a notorious leader known as “Abaku Aiki” who reportedly distanced himself from the recent peace accord invaded Ganjar and Alhazawa, two remote villages under Bakori LGA.

The bandits reportedly kidnapped an unspecified number of residents and rustled several domestic animals during the attack.

The troops in collaboration with other security agencies intercepted the bandits at Laila Forest. A sustained exchange of gunfire ensued, forcing the criminals to abandon the stolen animals and flee into the forest.

The sources confirmed that 70 goats and some sheep were successfully recovered, while efforts are ongoing to track the fleeing bandits and rescue the abducted victims.

The troops assured residents of continuous patrol and collaboration with security agencies to ensure peace and stability in the area.

Army troops recover 70 rustled livestock after gun duel with bandits in Katsina

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