Procedures

Creating Wealth the Halal way

Lotus Capital is a full-service, Halal investment management boutique specializing in Shari'ah compliant Asset Management, Private Wealth Management Advisory Services and Financial Advisory Services. Lotus Capital was founded in June 2004 with the specific objective of meeting the investment needs of ethical individuals, businesses, and organizations across West Africa.

"Pioneering Islamic finance in Nigeria"

Procedures

Investment procedure

Download the form for your investment option
Complete and sign account opening forms
Check that the signature signed on the form corresponds with that on the form of identification to be attached i.e passport, national id card, drivers’ license
Download and complete the KYC form to be sent with other documents
Investments should be paid into specific product account to any GTB bank nationwide
Customers should send the forms along with evidence of payment (i.e. bank teller), 2 passport photographs, a copy of utility bill and a form of identification to any of our branches

Investment Checklist

Duly completed and signed forms
Duly completed KYC form (know your customer form)
2 passport photographs
A Form of identification e.g passport, driver’s license, national identity card
Utility bill e.g Electricity, water bill, waste bill
Payment teller from GTBank plc

Redemption procedure:
This is the process by which customers can take out some or all of the funds which they have invested in our products e.g Halal fund , NIIP

A redemption form duly completed and signed
Original certificate attached
Compare the names and addresses
A valid current account in the name of the client
If 4 is negative, payment instruction attached?
(a) Open cheque (b) CIT (c) Third party payment
Specific and exact form of identification?
Branch of GTBank preferred in the case of CIT?
Reasons for redemption?
Amount written in words and figures
Minimum balance to be left in the account is 20,000= unless the client is redeeming all of his investments

Sun Trust Floats N20bn Hybrid Offer » • Targets 90% Real Estate Investment Sun Trust Sa...

LC INDEX » 1,193.73 (13/2/2012)

HISAB » N132.78(bid) N133.93(offer)

HALAL FUND » N0.73(bid) N0.75(offer)

Lotus Capital Funds as at Friday, May 18, 2012

RC Number 600195