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Commodity Finance (Mudarabah)
This product is designed to attract customers who are non-interest incline.
This product offers a full range of structured commodity finance services, including facilities for farming of products such as Rice, Ginger, Shea butter, Cashew, Cocoyam etc., Fishponds, poultry, and cow rearing, Food Processing.
Features
- Deposit Amount: ₦500,000 – ₦5,000,000 per unit.
- Tenor 180 days
- ROI is payable by annually on the deposit balance with an option to roll over for another 180 days
- Option to increase investment available
- Profit Sharing