Basheer Oshodi

Group Head, Non-Interest Banking

Sterling Bank


Basheer has setup three non-interest banks and windows and developed ethical products across investment and corporate banking, commercial and retail banking. He is the Group Head, Non-Interest Banking, Sterling Bank and has over 20-year work experience in banking, real-estate and management consultancy. He is a member of the Non-Interest Finance Working Group – sponsored by EFInA (DFID programme) and was a member of SEC Alternative Finance Market Master Plan Committee. Basheer was Head, Non-Interest Finance and Head, Research at EFInA. He was Head, Islamic Banking Risk & Compliance at Stanbic IBTC Bank (a member of Standard Bank Group) and set up the non-interest banking window. He also initiated products compliant with non-interest finance principles for Stanbic IBTC Asset Management Ltd. He has worked as an investment analyst and business analyst in other capacities.

Basheer holds a B.Sc. and M.Sc. in Estate Management and General Management respectively from the University of Lagos. He has a PGD from the Institute of Islamic Banking & Insurance (IIBI), London and he is an Associate Fellow of the institution. He obtained a master’s in research (MRes) Business & Management from London Metropolitan University; MPhil Economics from the University of Buckingham, UK; and a Ph.D. in Management of Innovation & Technology from DaVinci Institute for Technology Management, Modderfontein, South Africa in conjunction with Trans4m Center for Integral Development, Geneva. He has completed the Executive Programme on International Housing Finance at Wharton, University of Pennsylvania, USA; and Digital Business Strategy at Columbia University, USA.

He is a Senior Fellow at Trans4m; Research Fellow – Centre for Housing Studies, University of Lagos; Research Fellow – Centre for Integral Socio-Economic Research, Lagos; and Senior Associate, Chartered Institute of Islamic Finance Professionals, Malaysia. Basheer is a member of the International Atlantic Economic Society (IAES) and American Economic Association (AEA). His research focus is development economics across several jurisdictions & thoughts, innovation management and Islamic finance. He is the author of the book titled – ‘An Integral Approach to Development Economics: Islamic Finance in an African Context’ published by Gower, UK. He is a co-author of Islamic to Integral Finance: A Semiotic Approach published by Beacon Books, UK. He has published 25 academic articles, reports & chapters and over 50 non-academic articles. He lectures Islamic finance, development economics and real estate finance in several universities in Africa, Europe and the North America. He is also the founder of Basheer Oshodi Foundation.

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