Close Menu
    Facebook X (Twitter) Instagram YouTube
    Advertise with us Sunday, July 6
    Facebook X (Twitter) Instagram
    Platform TimesPlatform Times
    VIDEOS
    • Home
    • News
    • Metro
    • Politics
    • Business
    • Education
    • Health
    • Special Reports
    • Entertainment
    • Sports
    • Interview
    Platform TimesPlatform Times
    • Home
    • News
    • Metro
    • Politics
    • Business
    • Education
    • Health
    • Special Reports
    • Entertainment
    • Sports
    • Interview
    Home»Business

    Makun Muslim Community Cooperative Society Commissions Medicine Store, Reports N65m Inflow

    Platform Times NewspaperBy Platform Times NewspaperDecember 20, 2024 Business No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Daud Olatunji

    The Makun Muslim Community Relief Foundation Cooperative Society has marked a significant milestone with the commissioning of its patent medicine store during its Annual General Meeting (AGM) held in Sagamu, Ogun State.

    The Chief Imam of Remoland, Sheikh Quadri Junaid, presided over the commissioning ceremony, lauding the initiative for its potential to serve the community’s health and economic needs.

    He emphasized the importance of such projects in fostering spiritual and physical well-being among Muslims.

    “I encourage Muslims to embrace this initiative for their growth and development,” he said.

    The AGM featured a series of enlightening presentations from experts in health and Islamic business practices.

    Dr. Ahmed Osundina, Senior Consultant at the National Orthopaedic Hospital, Igbobi, Lagos, delivered a keynote address on healthy living with a focus on managing and preventing piles.

    Additionally, Dr. Obipeyin Abdul Wasiu  from Olabisi Onabanjo University Teaching Hospital, Sagamu, and Dr. Mikail Sanusi, a Shariah Auditor, spoke on the significance of cooperative societies in Islam.

    They highlighted how such initiatives align with Islamic principles, promoting mutual aid and ethical business practices.

    Dr. Tajudeen Asaye, the Chief Imam of Makun Central Mosque and initiator of the cooperative society, expressed satisfaction with the foundation’s progress since its inception in 2020.

    “This initiative has positively impacted the lives of Muslims in Makun and Sagamu,” he noted, urging Muslim families to join the cooperative for their collective growth.

    The foundation’s chairman, Sansa Olododo, reported remarkable financial growth, revealing that the cooperative’s inflow had increased from N30 million last year to N65 million this year.

    “In the past year, over N40 million in interest-free loans have been disbursed to members,” Olododo said.

    The cooperative currently boasts 133 members who benefit from its various programmes, emphasizing the appeal of its Sharia-compliant, interest-free financial model.

    He encouraged other Muslim communities, especially Central Mosques across Yorubaland, to adopt similar initiatives.

    “People need funds to grow their businesses, and interest-free loans provide a sustainable solution,” he added.

     

    Pelican Valley'
    Cattle Bizness Network'
    The Rehla'
    Pelican Valley'

    Do you want to share a story with us? Do you want to advertise with us? Do you need publicity for a product, service, or event? Contact us on WhatsApp +2348183319097 Email: platformtimes@gmail.com

    We are committed to impactful investigative journalism for human interest and social justice. Your donation will help us tell more stories. Kindly donate any amount HERE

    Pelican Valley
    Platform Times Newspaper
    • Website

    Platform Times is a trailblazing news website that empowers grassroots communities across Africa by delivering the latest news through engaging multimedia content. By leveraging photos, text, and videos, the site inspires concerned citizens and activists worldwide to take action against critical issues, including corruption, poverty, environmental degradation, and democratic disregard.

    Keep Reading

    2027 Presidency: Buhari Not Plotting Against Tinubu — Garba Shehu

    Constitution Review: MURIC Demands Sharia Courts In Southwest, Friday As Public Holiday

    2027: Power Minister Adelabu Declares Governorship Ambition, Begins Statewide Consultations

    NARD Rejects FG’s Circular on Doctors’ Allowances, Demands Revised CONMESS Structure

    Nigeria’s $17bn Debt Sparks Investor Exit—World Bank

    Wike Alleges N48bn Fraud, Urges Tinubu To Release Buried NDDC Audit Report

    Add A Comment

    Comments are closed.

    The Rehla
    The Rehla
    The Rehla
    Pelican Valley
    Pelican Valley
    Pelican Valley
    Advertisement
    Advertisement
    Advertisement
    Advertisement
    Cattle Bizness Network
    Cattle Bizness Network
    Cattle Bizness Network
    Pelican Valley
    Pelican Valley
    Pelican Valley

    Platform Times is a trailblazing news website that empowers grassroots communities across Africa by delivering the latest news through engaging multimedia content. By leveraging photos, text, and videos, the site inspires concerned citizens and activists worldwide to take action against critical issues, including corruption, poverty, environmental degradation, and democratic disregard.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube
    • About Us
    • Advertise
    • Contact Us
    • Disclaimer
    • Download Platform Times app

    Subscribe to Updates

    Get the latest update news

    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Advertise
    • Contact Us
    • Disclaimer
    • Download Platform Times app
    © 2025, All Rights Reserved | Platform Times Newspaper | Powered By CyberWarrior

    Type above and press Enter to search. Press Esc to cancel.