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. […]
Read MoreTAJBank Declares 10% Dividend After 960% Growth In Funds
TAJBank Limited, Nigeria’s leading and fastest-growing non-interest bank, has declared a 10 percent dividend cash out for the half-year ending June 2024. This was recently announced after receiving approval from the Central Bank of Nigeria (CBN), marking its second dividend payout in just four years of operation. As Nigeria’s most innovative non-interest lender, TAJBank continues […]
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