TAJBank, Nigeria’s non-interest lender, has received approval for the second tranche of its N100 billion Mudarabah Sukuk bond programme, valued at N20 billion.
Nigeria’s non-interest bank, TAJBank, has announced plans to issue a N20 billion Mudarabah Sukuk bond as part of its strategy to bolster its Additional Tier 1 capital.
TAJBank Nigeria has entered into a strategic partnership with the Astana International Financial Centre (AIFC) in Kazakhstan to enhance Nigeria’s foreign exchange (FX) earnings and promote non-interest banking.
