YIELD GUIDE
The 11.2% yield/profit from this sukuk-backed investment would be shared according to the ratio below:
INVEST IN TRUSTBANC SUKUK-BACKED NOTE
Federal Government of Nigeria
Starting Price from
#500,000.00
Investment Yield
6% – 8%
Minimum Holding Period
180 -days
Unit of Share
100,000 per unit
Minimum of N500,000 (i.e 5 units @
100,000/unit) and in multiples of
N100,000 thereafter.
UNDERLYING ASSET
In May 2020, the Federal Government of Nigeria (FGN) issued a N150,000,000,000 7-year forward lease (Al-ijarah mawsofah fi dhiimmah) Sukuk or certificates due in 2027.
FGN Roads Sukuk Company 1 PLC was created as a special purpose vehicle (SPV) that was set-up through the Debt Management Office (DMO). The SPV would
mobilized the expected funds for the construction of roads construction within the six geo-political zones Nigeria.
Sukuk, like other certificates and notes have equal value of undivided ownership in tangible assets or usufructs. The asset, process and underlying contract for the this
Sukuk was approved by the Financial Regulation Advisory Council of Experts (FRACE).
Why invest in TBA Sukuk-backed Note?
- Competitive returns
- Earn Halal Returns (Certified by TBA’s Advisory Committee of Experts)
- A good opportunity for diversification
- Tax Free
- Trusted Professional Fund management team (SEC Regulated)
- Remote/Digital investment platform
ENJOY TAX FREE RETURNS
The Sukuk will qualify as securities issued by the Federal Government of Nigeria and as such will be exempted from Companies Income Tax, Capital Gains Tax and Value Added Tax.
HOW TO SUBSCRIBE
- Fill our subscription form
- Make your principal deposit
- Earn your return
