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sukuk fund

Sukuk Fund

The objective of the Fund is to provide investors with a low-risk investment with stable and competitive returns through investments in short, medium and long-term Sharia-Compliant securities and investment products, whilst ensuring the preservation of capital and maintaining a reasonable degree of liquidity.

Minimum Investment:

  • Initial: 10,000 units at N1 per unit
  • Subsequent: multiples of 5,000 units

Minimum Investible Amount:

  • Initial: N10,000.00
  • Subsequent: N5,000.00

Redemption:

  • 24hrs redemption

Minimum Holding Period

  • 90 days

Dividend payout

  • Annually, based on performance of the fund