Asset-backed trade
Purchase and resale of identified goods on transparent deferred-payment terms, with cost and commercial return disclosed.
Trade-based · Asset-backed · Partnership-oriented
Murabaha (Cost-plus Sale)Mudaraba (Profit-sharing Investment)Ijara (Leasing)Musharaka (Joint-venture Partnership)Salam (Advance Purchase)Istisna (Manufacturing or Construction)Wakalah (Agency)Kafaalah (Guarantee)
Recognised non-interest structures for transparent trade, leasing, agency, guarantees and partnership ventures.
Commerce structured around real assets and shared value.
NAL General Merchant Limited provides ethical commercial and investment solutions for MSMEs, individuals, cooperatives and organisations through transparent trade, leasing and partnership arrangements.
Clear commercial terms Identifiable assets and projects Documented execution
NAL operating principle
A real transaction at the centre of every structure.
01
Identify the commercial need
Goods, equipment, commodities, productive assets or a defined project.
02
Select the right structure
Purchase and resale, lease, agency, partnership or another suitable commercial model.
03
Document and execute
Agree the price, responsibilities, delivery, profit-sharing and settlement terms before execution.
Commercial—not conventional lending. NAL does not accept deposits from the public or grant interest-bearing loans.
Nigerian private company
Limited by shares and established for lawful commercial activity.
Non-interest orientation
Transactions designed around ethical commercial principles.
Real-economy focus
Trade, assets, supply, equipment, projects and partnerships.
About NAL
A general merchant for modern commercial needs.
NAL General Merchant Limited is established to conduct general merchandising and to structure commercial transactions around identifiable goods, assets and ventures.
We work across purchase and resale, deferred-payment sales, equipment leasing, procurement, commodity trading, supply-chain arrangements, project activity and partnership ventures. Each engagement is assessed on its commercial substance, documented responsibilities and lawful purpose.
Defined terms
The asset, cost, return, delivery and settlement obligations are documented.
Aligned participation
Structures reflect the role, capital and responsibilities of each party.
What we do
Commercial solutions grounded in real activity.
From a single asset purchase to a structured trading venture, NAL selects a model that fits the underlying transaction.
Supply and procurement
Contract procurement, supply-chain coordination and delivery of approved commodities, materials, machinery and consumables.
Commodity trading
Structured trading in agricultural produce, raw materials, equipment and other lawful goods for real commercial demand.
Equipment and project solutions
Commercial structures for equipment leasing, manufacturing, construction and defined project-based transactions.
Partnership ventures
Joint-venture and profit-sharing arrangements that align capital, expertise, execution responsibilities and commercial outcomes.
Agency and asset management
Acting as principal, agent, contractor, intermediary or commercial partner in documented trading and asset arrangements.
Commercial models
The structure follows the transaction.
NAL’s corporate objects provide for recognised trade, lease, partnership and benevolent structures. Availability depends on transaction suitability, approval and complete documentation.
Murabaha
Cost-plus sale
NAL acquires an approved asset and resells it at a disclosed cost and agreed profit.
Salam
Advance purchase
A purchase structure in which payment is made in advance for clearly specified goods delivered later.
Istisna
Manufacturing or construction
A contract for assets or projects that must be manufactured, built or completed to specification.
Ijara
Leasing
Use of an identified asset is provided for an agreed rental period under documented terms.
Mudaraba
Profit-sharing investment
One party provides capital and another manages the venture, with profit shared by agreement.
Musharaka
Joint-venture partnership
Partners contribute to a commercial venture and share its results under agreed terms.
Qard Hasan
Benevolent advance
A non-interest-bearing advance structured on benevolent terms where appropriate.
Our regulatory boundary
Clear about what NAL is—and what it is not.
NAL is
A private general-merchant company conducting lawful trade, leasing, agency, asset and partnership transactions.
NAL is not
A bank, microfinance bank or finance company. NAL does not accept public deposits or offer interest-bearing loans.
Who we serve
Built around productive commerce.
MSMEs
Structured access to inventory, productive assets, procurement and project opportunities.
Individuals and cooperatives
Documented commercial arrangements for real goods, assets and collective ventures.
Corporate organisations
Supply, equipment, agency, partnership and project-based trading solutions.
Start a conversation
Bring us the commercial need. We’ll help assess the right structure.
Every transaction is subject to assessment, approval, documentation and applicable legal requirements.
NAL General Merchant Limited
info@nalgm.com+234 (0) 803 286 9067
+234 (0) 803 206 5880
+234 (0) 803 206 5880
Block 03, Shop No. 02A/03A, Civic Center Ultra Modern Market, Civic Centre Road, Kano State, Nigeria.