Stanbic IBTC Shari’ah Fixed Income Fund
The Stanbic IBTC Shari’ah Fixed Income Fund aims to provide ethically minded investors with liquidity and competitive returns by investing in quality Shariah compliant securities such as Sukuks and other eligible fixed term contracts.
Some of the benefits
Diversification
Our Mutual Funds mitigate investment risks by investing across a diverse range of assets thus avoiding concentration risk
Convenience
You can transact from anywhere with our online platforms (Mobile App and Web Portal)
Flexibility
Our array of investment products are designed to suit your financial needs. You can easily subscribe for/and redeem your investments
Security
Invest with us with the knowledge that your investment is safe
Highlights
- Stanbic IBTC Sharia Fixed Income Fund was launched in August 2019
- The Fund invests a minimum of 70% of its portfolio in Sukuk bonds and a maximum of 30% in shari’ah compliant fixed term instruments
- No minimum holding period
- The minimum investment amount is N5,000.00
- It is an open ended Fund
- The risk profile is “Aggressive”
- The management fee is 1.5% per annum
Benefits
- Competitive returns
- Professional Fund Management
- The funds can be used to secure a loan with Stanbic IBTC Bank
- Sharia complaint investment
- Access to view your account online
How to invest
Click this link to open an Instant Account
Alternatively, complete this Subscription Form and submit at any branch of Stanbic IBTC nationwide with the following documentation. Please note that you are not required to make payment at this stage. Below is a list of items you are to submit with the subscription form;
- One passport photograph for each applicant
- A government issued identity card (national ID card, Driver’s license, International Passport, Voter’s card etc.)
- Proof of address showing your name/surname
The account will be opened within one business day and your e-account number will be sent to you via email
Upon receipt of the e-account number, transfer the amount to be invested to the designated bank account using your e-account number as reference/remark etc.
Please note that CASH is not an acceptable mode of payment
The personalized e-Account to credit via transfer will be sent to your registered email once your account is opened.
Existing Investors:
Transfer the amount to be invested from your bank account to the personalized e-Account number on your online platform for this investment fund quoting your e-account number as narration/description/reference.
Alternatively, you can top-up your investment by visiting the online portal or the Stanbic IBTC Mobile application
Please note that CASH is not an acceptable mode of payment
The personalized e-Account to credit via transfer will be sent to your registered email once your account is opened.
How to redeem
To redeem a part or all your investments at any time:
- Option 1: Login to your mutual fund account via the web or mobile app and initiate a redemption. The proceeds of your redemption will be transferred to your nominated bank account within two (2) working days. Please note that the daily limit for online redemption is N2,500,000.00.
The online redemption service is convenient, flexible and safe. To activate the online redemption service on your account, we require you to print, execute and submit the Consent Form and Agreement at our office or any branch of Stanbic IBTC Bank PLC closest to you.
Alternatively, the completed Consent Form and Agreement can be scanned and forwarded to [email protected]
Please note that this service is available to individual and joint account holders only. Institutional subscribers (e.g. Corporates, NGOs, Churches etc.) cannot be granted access to this service.
- Option 2: Fill in a Redemption Form and submit at any of our branches nationwide.
The proceeds of your redemption will be transferred to your nominated bank account within five (5) working days.
-
Highlights
-
Benefits
-
How to invest
-
How to redeem
- Stanbic IBTC Sharia Fixed Income Fund was launched in August 2019
- The Fund invests a minimum of 70% of its portfolio in Sukuk bonds and a maximum of 30% in shari’ah compliant fixed term instruments
- No minimum holding period
- The minimum investment amount is N5,000.00
- It is an open ended Fund
- The risk profile is “Aggressive”
- The management fee is 1.5% per annum
- Competitive returns
- Professional Fund Management
- The funds can be used to secure a loan with Stanbic IBTC Bank
- Sharia complaint investment
- Access to view your account online
Click this link to open an Instant Account
Alternatively, complete this Subscription Form and submit at any branch of Stanbic IBTC nationwide with the following documentation. Please note that you are not required to make payment at this stage. Below is a list of items you are to submit with the subscription form;
- One passport photograph for each applicant
- A government issued identity card (national ID card, Driver’s license, International Passport, Voter’s card etc.)
- Proof of address showing your name/surname
The account will be opened within one business day and your e-account number will be sent to you via email
Upon receipt of the e-account number, transfer the amount to be invested to the designated bank account using your e-account number as reference/remark etc.
Please note that CASH is not an acceptable mode of payment
The personalized e-Account to credit via transfer will be sent to your registered email once your account is opened.
Existing Investors:
Transfer the amount to be invested from your bank account to the personalized e-Account number on your online platform for this investment fund quoting your e-account number as narration/description/reference.
Alternatively, you can top-up your investment by visiting the online portal or the Stanbic IBTC Mobile application
Please note that CASH is not an acceptable mode of payment
The personalized e-Account to credit via transfer will be sent to your registered email once your account is opened.
To redeem a part or all your investments at any time:
- Option 1: Login to your mutual fund account via the web or mobile app and initiate a redemption. The proceeds of your redemption will be transferred to your nominated bank account within two (2) working days. Please note that the daily limit for online redemption is N2,500,000.00.
The online redemption service is convenient, flexible and safe. To activate the online redemption service on your account, we require you to print, execute and submit the Consent Form and Agreement at our office or any branch of Stanbic IBTC Bank PLC closest to you.
Alternatively, the completed Consent Form and Agreement can be scanned and forwarded to [email protected]
Please note that this service is available to individual and joint account holders only. Institutional subscribers (e.g. Corporates, NGOs, Churches etc.) cannot be granted access to this service.
- Option 2: Fill in a Redemption Form and submit at any of our branches nationwide.
The proceeds of your redemption will be transferred to your nominated bank account within five (5) working days.
Forms and Downloads
Mutual Funds Subscription form
Mutual Funds Subscription form
Mutual Funds Subscription form
Mutual Funds Subscription form
Mutual Funds Redemption Form
Mutual Funds Redemption Form
Redemption Consent Form and Agreement
Redemption Consent Form and Agreement
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