NSE LOTUS ISLAMIC INDEX   -   2,299.66 (2017-08-01)    ||    HALAL FUND  -   N1.18(bid) N1.2(offer) (2018-09-19)    ||    HALAL FIXED INCOME FUND  -   N1,083.47(bid) N1,083.47(offer) (2018-09-19)    ||    LHE ETF  -   N10.77(NAV) (2018-09-19)

The Federal Government N100bn Sukuk

The Federal Government of Nigeria has launched a 7 year NGN100billion ijara (lease) sukuk due 2024 at an annual rental rate of 16.47%. The proceeds of the sukuk will be used for the construction and rehabilitation of key economic roads across the 6 geo-political zones of the country. Rentals will be paid in two equal instalments annually, while purchase price representing principal investment will be paid to investors at the end of the 7 th year of the sukuk.

Lotus Financial Services Limited the pioneer Islamic finance house in Nigeria and FBN Merchant Bank Limited are the arrangers of the NGN100billion sukuk. The Financial Regulatory Advisory Council of Experts (FRACE) of the Central Bank of Nigeria, which is the highest shariah organ in Nigeria for the certification of non-interest financial products, reviewed the structure of the transaction and all transaction documents and certified it compliant for investment by ethically minded investors.

For more information about sukuk, click here.

Offer opens 14th September 2017

Offer closes 22nd September 2017

 Support for government infrastructure development
 Ethical and responsible investment
 Returns are halal
 Regular income
 Returns are tax free
 Low risk investment
 Tradable on the Nigeria Stock Exchange and FMDQ OTC
 Acceptable as collateral for borrowing by banks and financial institutions
 Granted liquid asset status for banks by the Central Bank of Nigeria.

All classes of investors including:

Individuals, groups, Pension Fund Administrators, Insurance Companies & Takaful Operators, Stockbrokers, Asset Managers, Portfolio Managers, Fund Managers, Banks and Non-interest Banks, Faith-based Institutions, Pilgrim Welfare Boards, Trustees, Corporates, Co-operative Societies, Staff Schemes, Non-Bank Financial Institutions, Trade Unions, Community Associations, Cultural Associations and Religious Institution.

1. Download the subscription form here. Or obtain the form from our office
2. Complete the form
3. Transfer your investment amount into any of these bank accounts:

Bank Account Account Name Account Number
Guaranty Trust Bank PLC FGN Roads Sukuk Issue Proceeds 0111869636
Jaiz Bank PLC  FGN Roads Sukuk Issue Proceeds  0003028731
Unity Bank PLC FGN Roads Sukuk Issue Proceeds 0029035531
Sterling Bank PLC FGN Roads Sukuk Issue Proceeds 0065181158
Stanbic IBTC Bank PLC FGN Roads Sukuk Issue Proceeds 0022373451
First Bank of Nigeria Limited FGN Roads Sukuk Issue Proceeds 2032267642
Zenith Bank PLC FGN Roads Sukuk Issue Proceeds 1015183412

4. Send (i) completed form, (ii) valid means of identity (International Passport/Drivers licence/Voters Card) and (iii) evidence of payment (bank transfer/deposit slip) by email to invest@lotuscapitallimited.com or by WhatsApp message to +2348077099550 / +2349087058410 or deliver to our office address.

To view the offer circular, prospectus and FAQs, click Download the Sovereign Sukuk Prospectus (Full) , Download the Sovereign Sukuk Abridged Prospectus, Download the Offer Circular, Download the FAQs

For enquiries send an email to invest@lotuscapitallimited.com or call +2348077099551 or +2348077099553

All right Reserved. © 2014 Lotus Capital