Launching
RAPI
Rural Agricultural Payment Infrastructure
Payments for farmers and produce buyers in rural communities, built so a farmer has proof of payment in hand before their goods change hands.
- Farmers
- Produce buyers
- Proof of payment
Technology · Agriculture · Research — Nigeria
Every deal written and witnessed.
Akanors Ventures is a Nigerian company that builds Wathīqah, a ledger for money and items people lend and borrow, and runs a farm in Saki, Oyo State. Across everything we do, agreements are recorded, terms are clear and no interest is charged.
الشريعة · الثقة · التجارة
Akanors Ecosystem
4 divisions · 1 standard
LiveWathīqah
وثيقة · A ledger for the loans in your life
- Launching
RAPI
Rural Agricultural Payment Infrastructure
- In Development
Akanors Integrated Farm
Palapala farm · Saki, Oyo State
- Planned
Akanors Labs
Research · Training · Advisory
- Divisions
- 4
- Currencies in Wathīqah
- 7
- Interest charged
- 0%
- Our founding verse
- 2:282
Our DivisionsOne live product.
One live product.
Three on the way.
Wathīqah is live today. Alongside it, we're building a working farm, a payments service for rural trade, and a research and training arm — each held to the same standard of clear, recorded agreements.
Wathīqah
وثيقة · A ledger for the loans in your life
Record money you lend, borrow or give, and items you lend out. Invite a witness to confirm the record — once confirmed, it can't be quietly changed. When the other person is on Wathīqah too, the record appears on both sides.
- Witness confirmation
- Money & items
- 7 currencies
- Shared records
In Development
Akanors Integrated Farm
Palapala farm · Saki, Oyo State
Crops, livestock and animal feed from our own farm. Processing and packaging come next, for buyers in Nigeria and abroad.
- Crops
- Livestock
- Animal feed
- Pre-orders
Planned
Akanors Labs
Research · Training · Advisory
Training and advisory for founders, cooperatives and institutions, drawing on what we learn from running a software product and a working farm.
- Training
- Advisory
- Research
Our ApproachFour divisions.
Four divisions.
One standard.
Akanors
RAPI
Akanors Integrated Farm
Akanors Labs
Every agreement is written down
Sales, pre-orders, loans and partnerships are recorded — on Wathīqah wherever it fits — so both sides hold the same account of what was agreed.
No interest. No hidden terms.
We don't charge or pay interest (riba). Prices, fees and profit shares are stated up front, before anyone commits.
Witnesses, not just signatures
Following the Qur'anic instruction to call witnesses, important records are confirmed by a trusted third party.
Tested at home first
We farm the land and use our own software ourselves, so what we offer others has already been put to work in our own community.
Islamic Commercial EthicsSharia Compliance
Sharia Compliance
by Design
Every commercial structure across Akanors Ventures Ltd. is governed by a unified Sharia Supervisory Board, so Islamic principles are the starting point — not an afterthought.
يَا أَيُّهَا الَّذِينَ آمَنُوا إِذَا تَدَايَنتُم بِدَيْنٍ إِلَىٰ أَجَلٍ مُّسَمًّى فَاكْتُبُوهُ
“O you who believe, when you contract a debt for a fixed term, write it down.”
The longest verse in the Qur'an is about recording debts and calling witnesses. It's the reason our company, and Wathīqah, exist.
Contracts We Work With
Standard Islamic finance structures, chosen to fit each agreement
- Ujrahأجرة
A fixed fee for a clearly defined service.
- Mudarabahمضاربة
Profit-sharing: one side brings the capital, the other runs the work.
- Salamسَلَم
Pay now, deliver later — with price, quantity and date fixed up front.
- Musharakahمشاركة
A joint venture where partners share profit and loss in agreed ratios.
- Wakalahوكالة
Appointing an agent to act on your behalf for an agreed fee.
- Takafulتكافل
Members pool contributions to cover one another against loss.
Work With Us
Have an agreement worth doing properly?
Whether you buy produce, run a cooperative, want training for your team or just want to talk about what we're building, send us a note and we'll get back to you.
info@akanors.com