TAJBank Unveils N20 Billion Mudarabah Sukuk to Drive Expansion
TAJBank, Nigeria’s leading non-interest bank, is gearing up to raise N20 billion through a Mudarabah Sukuk Bond as part of its ambitious N100 billion Sukuk programme. This move aims to boost its Additional Tier 1 capital, strengthen its financial position, and accelerate business expansion.
The new Sukuk issuance follows the bank’s successful N10 billion Sukuk Bond in 2023—the first-ever of its kind on the Nigerian Exchange (NGX). Investors are being presented with an attractive 20.5% per annum return, making this an exciting opportunity for both individuals and institutions seeking ethical and stable investments.
What Makes This Sukuk Special?
The Mudarabah Sukuk is structured to allow investors to participate in TAJBank’s profit-sharing ventures, reinforcing its commitment to ethical financing and financial inclusion. With regulatory approval in progress, the Sukuk will soon be available for public subscription, offering investors a secure and rewarding avenue to grow their wealth.
TAJBank’s Vision for Ethical Investments
Speaking on the upcoming issuance, TAJBank Founder & CEO, Mr. Hamid Joda, expressed enthusiasm about the listing, stating:
“We are excited to bring this Mudarabah Sukuk to the market, offering a compelling investment opportunity that aligns with ethical financial principles. Listing on the NGX will enable a wider range of investors to participate in our growth and benefit from our profit-sharing model.”
How to Invest
TAJBank encourages interested investors—both individuals and corporations—to reach out to their financial advisors or visit www.tajbank.com for more details on subscription and listing procedures.
Final Thoughts
With this N20 billion Sukuk, TAJBank is reinforcing its position as a pioneer in non-interest finance, providing innovative, ethical, and high-yield investment opportunities. Whether you’re an experienced investor or exploring Sharia-compliant financial instruments, this is a chance to diversify your portfolio and participate in one of Nigeria’s fastest-growing banking models.
TAJBank, Nigeria’s leading non-interest bank, is gearing up to raise N20 billion through a Mudarabah Sukuk Bond as part of its ambitious N100 billion Sukuk programme. This move aims to boost its Additional Tier 1 capital, strengthen its financial position, and accelerate business expansion.
The new Sukuk issuance follows the bank’s successful N10 billion Sukuk Bond in 2023—the first-ever of its kind on the Nigerian Exchange (NGX). Investors are being presented with an attractive 20.5% per annum return, making this an exciting opportunity for both individuals and institutions seeking ethical and stable investments.
What Makes This Sukuk Special?
The Mudarabah Sukuk is structured to allow investors to participate in TAJBank’s profit-sharing ventures, reinforcing its commitment to ethical financing and financial inclusion. With regulatory approval in progress, the Sukuk will soon be available for public subscription, offering investors a secure and rewarding avenue to grow their wealth.
TAJBank’s Vision for Ethical Investments
Speaking on the upcoming issuance, TAJBank Founder & CEO, Mr. Hamid Joda, expressed enthusiasm about the listing, stating:
“We are excited to bring this Mudarabah Sukuk to the market, offering a compelling investment opportunity that aligns with ethical financial principles. Listing on the NGX will enable a wider range of investors to participate in our growth and benefit from our profit-sharing model.”
How to Invest
TAJBank encourages interested investors—both individuals and corporations—to reach out to their financial advisors or visit www.tajbank.com for more details on subscription and listing procedures.
Final Thoughts
With this N20 billion Sukuk, TAJBank is reinforcing its position as a pioneer in non-interest finance, providing innovative, ethical, and high-yield investment opportunities. Whether you’re an experienced investor or exploring Sharia-compliant financial instruments, this is a chance to diversify your portfolio and participate in one of Nigeria’s fastest-growing banking models.