Muktari completed his first degree in Business Administration, and later his Masters’ Degree in Banking and Finance, at the Bayero University Kano (BUK) in 1993 and 1995 respectively. He also attended the Ahmadu Bello University, Zaria, where he obtained a Diploma in Insurance at Credit Level in 1983.
He started his working career with the Kano based insurance company, Kapital Insurance Limited, and rose to become Head of Re-insurance Department. Muktari joined Royal Exchange Assurance Nigeria (as it was then known) in 1995, as Branch Manager in Kano, with direct oversight and responsibility over the activities of Bauchi, Maiduguri, and yola office of the company. In 2003, he became the regional Director in Abuja.
He left Royal Exchange Plc to become the Managing Director /CEO of Yankari Insurance Co. Limited in 2008, (later called Fin Insurance Co Ltd.), and returned to Royal Exchange as the Group Executive Director, Marketing and Sales in 2010, and was appointed the Group Managing Director in June 2016. To October 2018.
Muktari Is a member of the institute of Directors Nigeria; Fellow of the Institute of Islamic Finance Professionals, Nigeria; Associate Member, Institute of Management specialist, UK; Member, Chartered Insurance Institute of Nigeria; associate Member, Institute of management and is currently the president of the institute of Sales and Marketing Management.