About the fund
High Risk
Shariah Compliant Funds

The Stanbic IBTC Shariah Fixed Income Fund is suitable for Islamic investors who want capital growth by investing strictly according to the principles of Islamic finance and ethical values. The fund is different from other fixed income funds as it is invested in only Shariah compliant fixed income securities, such as sukuk bonds and short-term shariah complaint instruments. The fund seeks to provide investors with stable and competitive returns by investing a minimum of 70% of its portfolio in Sukuk Bonds and a maximum of 30% in short-term shariah compliant instruments.

Yield-to-date returns graph (YTD%)
DWMY
  • YTD Value
  • Benchmark Value
0.0 0.0 1.0 1.0 2.0 2.0 3.0 3.0 4.0 4.0 5.0 5.0
Fund Information
Min Amount
₦1
Max Amount
₦1,000,000,000
Yield-to-date
5.95%
Management fee
1.5%
Processing time
48 Hours
Fund size
₦6.19 billion
Permit top-up
Yes
Permit roll over
Yes
Roll-over type
With Top-up, Principal plus Interest
Permit Early termination
Yes
Minimum tenor
1 Months
Maximum tenor
24 Months
Launch date
Jul 31, 2019
Status of fund
Open Ended
Transaction fee
N/A
Expense ratio
N/A
Age limit
18 - 75 years
Provider's page
view provider
Nature of fund
Minimum 70% Sukuk Bonds | Maximum 30% Short-term Shari’ah compliant instrument
Fund manager
N/A
Product available in
Nigeria
States present
37
Requirements
Utility Bill of Applicant (Water Rate, Tenement, Rent Receipt or Power)
Valid means of identification (Int'l passport, Driver’s license, National ID, Voter’s card)
Evidence of payment of Ground Rent up to date
Bank Account
Four (4) passport photographs and Biometrics Verification Number (BVN)
Formal Application on letterhead and duly completed loan application form
Recent Passport Photograph
How to invest

Click on the invest button

Click on the Invest to begin your investment journey

Calculator

Please note that whatever you calculate is just an estimation
Tenor (Months)
Yield-to-date returns
Maturity Date
Total investment return

Investment Summary

How to earn

Interest Income and Capital gains distributions. In addition, fund shares can be sold for a profit

Subscribe For Financial Tips and Offers!

Sign up for our newsletter to get the best offers, expert advice, and more!

By continuing, you agree to our Terms & Conditions and Privacy Policy.

Subscribe For Financial Tips and Offers!

Sign up for our newsletter to get the best offers, expert advice, and more!

By continuing, you agree to our Terms & Conditions and Privacy Policy.

Subscribe For Financial Tips and Offers!

Sign up for our newsletter to get the best offers, expert advice, and more!

By continuing, you agree to our Terms & Conditions and Privacy Policy.
On this page