TAJBank Gets Approval For Second Tranche Of N100bn Sukuk
TAJBank Limited, Nigeria’s pioneering non-interest bank, has received the regulatory approval to issue the second tranche of its N100 billion Mudarabah Sukuk bond programme.Valued at N20 billion, the bond offers a competitive 20.5 percent annual return, reinforcing the bank’s commitment to ethical investing and financial inclusion. According to the bank, all necessary regulatory approvals have […]
Read MoreTAJBank Seeks N20bn Sukuk Bond To Strengthen Capital Base
TAJBank, Nigeria’s leading non-interest bank, has unveiled plans to issue a N20 billion Mudarabah Sukuk bond as part of its ongoing strategy to bolster its Additional Tier 1 capital. This move aligns with the bank’s N100 billion Sukuk programme aimed at driving expansion and deepening financial inclusion. Announcing the development, TAJBank’s Founder and CEO, Mr. […]
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