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MUTUAL FUNDS -> Afrinvest Halal Fund

Afrinvest Halal Fund

The Afrinvest Halal Fund is a smart way to invest in Shariah compliant assets. It is approved by the Securities and Exchange Commission (SEC) and strictly adheres to Islamic investment principles.
Shari’ah Compliant
Afrinvest Halal Fund is governed by a Shari’ah advisory board and investments which derive most of their income from the sale of all the highlighted (haram) items are excluded.
Tobacco
Pork
Alcohol
XXX-Rated
Gambling
Weapons
Interest Services
Key information
Min. Investment
N10,000
BENCHMARK
10 years Federal Government of Nigeria Sukuk (FGN Sukuk)
UPDATES
An electronic investment statement will be issued to all unit holders monthly.
REDEMPTION POLICY
Units can be redeemed on any business day by submitting a form to the fund manager.
Payment will be made within 5 Business Days based on the applicable Bid Price
REDEMPTION POLICY CTD
A 3-month (90-day) investment lock-in period applies from initial registration.
Early redemption within the 90 days incurs a 1.5% fee on the redeemed amount
PARTIES TO THE FUND
Trustee
United Capital Trustees Limited
Custodian
Zenith Bank PLC
Registrar
Meristem Registrars Limited
Asset Allocation
Shari’ah compliant fixed  income instruments (FGN Sukuk, State Sukuk, Corporate  Sukuk) 
Quoted stocks - Shari’ah and  Ethically compliant companies
Cash maintained in  Shari’ah-compliant institutions  and non-interest bank accounts approved by the advisory  committee
Other Shari’ah complaint  investments

Benefits

The Afrinvest Halal Fund is a smart way to invest in Shariah compliant assets.
Diversification
The Afrinvest Halal Fund mitigates risk by investing across a diverse range of Shari’ah compliant investment products.
Income Generation
The Fund generates income for Unitholders, in line with allocations set out in the Trust Deed and approved by the Trustee.
Professionalism
Managed by experienced professionals focused on maximizing returns with ethical and equitable asset distribution.
Flexibility
The Fund is open-ended, allowing investors to enter or exit freely at any time, subject to a 90-day holding period.

Begin your Halal investment journey in few steps

01

Click to fill the
subscription form

02

Kindly make payment to the account shown below: 
Bank Name:   Zenith Bank
Account Number: 1310000021
Account Name:   ZB/United Capital Trustees/Afrinvest Halal Fund 
Narration: Name of subscriber’s investment in the Afrinvest Halal Fund 

Everything you need to know

The Afrinvest Halal Fund is an open-ended unit trust scheme that invests in Shari’ah-compliant assets. It is approved by the Securities and Exchange Commission (SEC), Nigeria, and is managed by Afrinvest Asset Management Limited. The Fund adheres strictly to Islamic investment principles under the supervision of a Shari’ah Advisory Council.

The Fund primarily invests in:
  • Sukuk (FGN, State, and Corporate)
  • Shari’ah-compliant equities
  • Other Islamic financial instruments
  • Cash in non-interest-bearing accounts

₦10,000 at the opening unit price of ₦100. Additional investments depend on the prevailing market price.

At ₦100 per unit, you can purchase 100 units with ₦10,000.

The Fund is benchmarked against the 10-Year FGN Sukuk, with a projected average return of 19% per annum. However, returns may vary based on market performance.

Start your investment in Afrinvest Halal Fund

Click to fill the Afrinvest Halal Fund Subscription Form.

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