TAJBank, a leading non-interest bank in Nigeria, is on the verge of raising the sum of N20 billion Mudarabah Sukuk bond to beef up its Additional Tier 1 capital aimed at supporting its business ...

Investment platform, I-invest, has announced the launch of the Mudarabah Term Deposit (MTD) on its mobile application towards inclusive and faith-aligned ...

Non-interest lender TAJBank has signed the completion agreement for the N20bn second tranche of its N100 billion Mudarabah Sukuk bond programme.The agreement, which was signed on Tuesday at its ...

i-invest said that in the banking sector, Mudarabah, ... The profit-sharing ratio is collaboratively determined by the parties, ensuring a transparent and mutually agreed-upon structure.

“Standardization in structure and documentation of Sukuk allows for a buildup of confidence across the various stakeholders offering transparency along with a streamlined and quick transaction ...

The sukuk portfolio constitutes 51% Mudarabah and 49% Murabaha. Such a structure would make it a tradable instrument. Cash Flow. On the closing date, the sukukholders' agent will purchase X% of the ...