NAHCON sets review panel for Hajj Savings Scheme


The National Hajj Commission of Nigeria (NAHCON) on Wednesday organised a meeting on Hajj Savings Scheme (HSS) Strategic Review and Planning in Abuja.

This was disclosed by the NAHCON’s Head of Public Affairs, Fatima Sanda Usara.

The meeting was conducted as a medium for stocktaking and to work out further lines of action towards achieving greater success.

The panel of reviewers comprised NAHCON’s delegation led by its Chairman, Alhaji Zikrullah Kunle Hassan; the Ja’iz Bank’s group headed by its Managing Director and Chief Executive Officer, Malam Hassan Usman; representatives from the CBN, representative from the academia, Prof. Binta Jibrin of BUK’s International Institute for Islamic Banking and Finance and others.

Among the issues discussed was ‘strategic initiatives, policies and partnerships required to grow the HSS in Nigeria, considering its socio-economic and peculiar situation’. Another topic was ‘a comparative analysis of operating Hajj Savings Scheme by a licensed Special Purpose Vehicle (SPV) or a Shari’ah-compliant bank’.

NAHCON’s HSS coordinator Dr Aliyu Tanko reviewed the status of the scheme from inception to date. He informed the gathering that so far, three state governments, namely Kano Jigawa and Kaduna states have equipped their HSS offices with BVN capturing machines, laptops, scanners and printers among others for seamless registration of interested Muslims.

In his opening remarks, Alhaji Kunle Hassan informed how Hajj missions of several countries had called to congratulate Nigeria after the successful launching of the scheme in October of 2020.

His major concern presently, he informed, is how to get the best out of the HSS plan. The NAHCON chairman showed satisfaction at the pace at which registration into the scheme is moving following expert analysis.

The M.D of Ja’iz Bank in his submission reemphasised that the bank remains committed to the success of the scheme by words, action and infrastructure.

He revealed numerous windows of investment through which the pilgrims’ funds will be grown.

Malam Usman described the HSS as an inevitable journey they have entered doggedly and patiently while reiterating that the bank had made sacrifices for the success of the Hajj plan.

There were hints that staff and individuals may start receiving bonuses for a substantive number of pilgrims registered by them, as the deposit into the scheme grows stronger.


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