This product is tailored to Corporate and individual that wants periodic and stable return on their investment. The bank will collect deposits from its customers and invest the same in a specific business venture to be agreed with the customer. The bank however acts as an agent to invest depositor’s funds in an ethical manner. The bank will indicate the expected profit rate to the customer on the agreed period for the investment
- Minimum Investment of N200,000,000.00 (two hundred million naira only) or its equivalent in any other currency acceptable to the bank
- Funds collected from the investor can be deployed towards Investments in transactions permitted under sharia using any of the Islamic finance contracts approved for the bank.
- Expected rate of return on each transaction is agreed between the parties involved in the transaction before commencing the investment
- Competitive Profit Rates: earn high returns on your investments with peace of mind
- Profits are paid on maturity
- The money will be invested only in Sharia compliant investments