TAJBank signs agreement for N20bn Mudarabah Sukuk bond issuance
TAJBank, Nigeria’s leading non-interest lender, has signed the completion agreement for the N20 billion second tranche of its N100 billion Mudarabah Sukuk bond programme.
The Founder/Managing Director, of TAJBank, Mr Hamid Joda, made this known in a statement on Wednesday in Abuja
Joda said that the latest investment initiative sealed on Tuesday, was coming after about two years of the issuance of the first-ever N10 billion Sukuk bond on the Nigerian Exchange in 2023,.
According to him, it presents another opportunity for individuals and corporate investors to stake their funds in an ethical instrument with a competitive 20.5 per cent per annum return.
“Specifically, the new Mudarabah Sukuk bond of TAJBank has secured all necessary regulatory approvals.
“It is designed to o...



















