Sukuk
Sukuk, also known as Islamic bonds, are financial instruments that comply with Shariah. Through Sukuk, customers obtain diverse investment opportunities across sectors and assets for portfolio diversification.
These investments can be structured with risk-sharing mechanisms to mitigate risks, making it an appealing investment option. Due to its competitive profit rate, it can be used as collateral in obtaining various financial services.
Previous Sukuk Success
In 2021, Imaan Finance launched the first ever Sukuk instrument in Tanzania, which disrupted the entire perspective of Islamic finance in Tanzania. We have already issued seven Sukuks totalling over TZS 36.5 billion.
From the issuance, Six of the issuances were oversubscribed and one was fully subscribed. Since Sukuk issuance in 2021, three issuances have already matured and fully repaid.
We are actively continuing to issue Sukuk with vision to expand our market reach to millions of Tanzanians.
Experience the ethical and inclusive investment approach of our Sukuk today
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