Dangote is a Sunni Muslim and takes his religious beliefs with all seriousness praying five times a day despite his maddening schedule, fasts regularly and has gone for the Holy Pilgrimages repeatedly. Also, because of the fact that Islam prohibits interest-based banking, he is not into the conventional interest-based banking system. He actually opened a bank, named Liberty Bank, but he later closed it down and never re-opened it. He is a solid backer of Islamic banking and personally gives out loans without collecting interest, again, according to the dictates of his faith. He gives hefty financial support to various religious-based institutions (both Islamic and Christian, I don’t know who the traditional worshipers have offended…lol!) and sponsors many on Hajj and Umrah (the Holy Pilgrimages) on a regular basis. During Sallah, he tops it up at his various residences where hundreds of cows are killed for people to consume and merry freely in addition to the foods his company supplies to those fasting throughout the month of Ramadan. However, he does not support extremist ideologies and has expressed his worry and disgust at Boko Haram and other militant groups in the country.
