Since the release of FGN Sukuk VII last Monday (12th May 2025) I have been inundated with calls/messages from many concerned Nigerians about what they perceive as a Shariah “irregularity” in the just issued Sukuk. The whole concern revolves around Read more…
As the first ever Nigerian sovereign Sukuk issued in 2017 matured and was finally settled. This is another Milestone in Islamic Finance Industry in Nigeria, according to Prof. AbdulRazzaq AbdulMajeed Alaro. Sukuk, a form of Public Private Partnership (PPP), was Read more…
Generally, a bank is a financial institution licensed to receive deposits and make loans. There are several types of banks including retail, commercial, and investment banks. While, a Non-Interest Bank means a bank which transacts banking business, engages in trading, Read more…
Nigerian bank TAJBank Limited is a non-interest bearing institution that operates in accordance with Islamic banking practices. It is Nigeria’s second non-interest bank, and it has its headquarters in Abuja, the nation’s capital. In 2019, TAJBank was established. TAJBank Read more…
