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Membership

Membership is open to staff of SHESTCO and NAEC, and to other persons approved by the Membership Committee in line with the Society's constitution and bye-laws.

Eligibility

Who can join

• Open to staff of SHESTCO and NAEC, and to other persons approved by the Membership Committee.
• Must be at least 18 years of age.
• Must agree to the Society's constitution and bye-laws, including its non-interest, Shari'ah-compliant operating principles.
• Must complete the application and be approved by the Membership Committee.

Requirements

What you'll need to apply

• A valid means of identification (National ID, Voter's Card, International Passport or Driver's Licence).
• A recent passport photograph.
• Your National Identification Number (NIN).
• Employment letter or staff ID, where applicable.
• Next of kin details.
• Initial savings/thrift contribution.

Benefits

• Interest-free (riba-free) savings and financing, always
• Access to Qard Hassan loans after a qualifying savings period
• A share in halal profits from Murabaha, Mudarabah, Musharakah and Ijarah ventures
• Welfare support in the spirit of Ta'awun
• A vote at every Annual General Meeting

Apply for Membership Download Membership Form

FAQs

Frequently Asked Questions

How long does approval take?

Most applications are reviewed within 3–5 working days. You'll receive an email once a decision is made.

Is any part of my savings or financing interest-based?

No. The Society operates strictly on non-interest, Shari'ah-compliant principles — savings, financing and investment are all structured to be free of riba.

When can I apply for a loan facility?

Eligibility depends on the facility — Ordinary, Emergency and School Fees loans each have their own qualifying period and terms, explained during application. See Products & Services for details.

Can I leave the cooperative and withdraw my savings?

Yes. Members may resign with written notice; savings and any accrued profit-share are settled according to the cooperative's bye-laws.

Is my BVN required?

BVN is optional and only requested where relevant to a specific facility — it is never a condition for basic membership.