Online WAQF

Applicants Details

Identification Details

Next of Kin Details

How do you want your share of income?

Re-invest Pay to my account Pay to Charity

If you want your share of income paid into your Bank account, kindly provide your bank account details below;

Kindly check the Declaration that applies to you if your are subscribing for Class A or Class B

Class A Units Only

I/We confirm that I/we intend to subscribe for Class A Units of the Lotus Waqf (Endowment) Fund.
I/We understand that the net income from my/our subscription will be distributed as follows: 80% towards Qualifying Purposes (education, health, family and social welfare, and economic empowerment), 5% to the Fund’s expense reserve account and 15% for additional class A units or as may be prescribed in the Fund’s Trust Deed from time to time.
I/We authorize the Fund Manager to record my/our subscription in the joint names of the Fund’s Trustee and myself/ourselves.
I/We understand that holding the subscription in a joint name is for identification purposes only and does not confer any right on me/us after the subscription.
I/We relinquish all claims and rights to my/our subscriptions in favour of the Fund’s Trustee.
I/We understand and confirm my/our agreement to the terms of subscription under Class A and such other investment conditions in the Lotus Waqf (Endowment) Fund.
The information given in this form is correct to the best of my/our knowledge and belief, and I/we will inform Lotus Capital Limited of any changes within five business days of such change.
That a fund statement in respect of this investment may be sent by email, at my/our risk to the address given in this form.
I/We have read, understood and unconditionally agree to all the terms and conditions contained overleaf.

Class B Units Only

I/We confirm that I/we intend to subscribe for Class A Units of the Lotus Waqf (Endowment) Fund.
I/We understand that the net income from my/our subscription will be distributed as follows: 80% towards Qualifying Purposes (education, health, family and social welfare, and economic empowerment), 5% to the Fund’s expense reserve account and 15% for additional class A units or as may be prescribed in the Fund’s Trust Deed from time to time.
I/We authorize the Fund Manager to record my/our subscription in the joint names of the Fund’s Trustee and myself/ourselves.
I/We understand that holding the subscription in a joint name is for identification purposes only and does not confer any right on me/us after the subscription.
I/We relinquish all claims and rights to my/our subscriptions in favour of the Fund’s Trustee.
I/We understand and confirm my/our agreement to the terms of subscription under Class A and such other investment conditions in the Lotus Waqf (Endowment) Fund.
The information given in this form is correct to the best of my/our knowledge and belief, and I/we will inform Lotus Capital Limited of any changes within five business days of such change.
That a fund statement in respect of this investment may be sent by email, at my/our risk to the address given in this form.
I/We have read, understood and unconditionally agree to all the terms and conditions contained overleaf.

Have you or any one associated with you or your immediate family member been elected, appointed or assumed any position in a National, State or Local government?

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Kindly make payment into the bank account details below:

Citi Bank
LOTUS Waqf (Fund Endowment) Account
09872332667

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I hereby accept terms and conditions for this account opening as contained herein

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