Tajbank, a non -interesting main bank in Nigeria promised to provide innovative and client -centered financial solutions, is completing the agreements to raise N20 billion on Murariahh Sukuk bonds to reinforce its additional level 1 capital and feed its commercial expansion impulse. The broadcast is part of its N100 billion sukuk program.
The new investment initiative, which occurs after approximately two years after the issuance of the first Sukuk bonus of N10 billion in the Nigerian exchange in 2023, presents a unique opportunity for people and institutions to invest in an ethical instrument with a competitive annual performance of 20.5% per year.
Specifically, the new bonus moving Sukuk, is designed to offer a stable and ethical investment option, allows investors to participate in companies for participation in bank profits and underline Tajbank's commitment to expand access to innovative financial solutions and promote financial inclusion in the country.
According to the Bank Management, the terms and conditions of issuance of moving Sukuk, which are now submitted to final regulatory evaluation processes and approval, are open to all investors, both individuals and companies and the objective is to provide a reliable source of additional income, accessible from the comfort of their home.
When commenting on the current movements to raise the link of N20 billion Sukuk in the NGX during a virtual conversation with the journalists, the founder/CEO of Tajbank, Mr. Hamid Joda, said: “We are excited to take this market moving Sukuk, offering a convincing investment opportunity that aligns with the financial financial principles.
“This list in the NGX will allow a broader range of investors to participate in our growth and benefit from our participation in the profits,” added the banker.
Bank's management advised interested investors to communicate with their financial advisors or visit www.tajbank.com for more information about the Sukuk and the listing process.
It would be remembered that Joda had, by beating the GONG during the List of the maiden of N10 billion Sukuk of the Tajbank in the NGX in February 2023, which was excessive in excess in more than 115%, he assured investors that the Bank and Bank management would guarantee good returns of their investments.
He said: “As Tajbank obtains the support of the NGX today in its collection of funds for operations, I want to assure all investors in the offer of Sukuk bonds of our bank and that the Board and management will exceed their expectations in terms of performance of their investment and other benefits.”
Investment analysts firmly believe that Mudarabah Sukuk of N20 billion offers investors a safe and transparent road to increase their wealth while adheres to ethical guidelines.
For example, they pointed out that the annual yield of 20.5 percent made it an attractive option for those who seek to diversify their investment portfolios and generate passive income.
Read more than: Nigerian Tribune