This Government Investment Can Pay You For The Next 7 Years

there is a government investment that you can do with as little as 10,000 naira and get paid for the next seven years. Many persons are not talking about this investment and this investment is called Sukuk. So what exactly is Sukuk about? Sukuk is a government bond that was designed specifically for our Muslim brothers, you know, based on Islamic finance principles. It is totally against the law for any Muslim to engage in an investment that will allow them to earn interest. And if you are familiar with the federal government savings bond, it is a type of bond that the government issued to the general public as a way to borrow money and execute government-led projects. So by investing in FGN savings bond, it simply means that you are loaning your money to the government to go and execute government projects. Now, because it's against Islamic finance principles to loan money or even to earn interest, Muslims cannot partake in the federal government savings bond. So because of that, the Sukuk bond was introduced. So with Sukuk bond, you can actually give your money to the government, but this time around, it is not as if you are loaning them your money. No, rather, the money you give to them will be used to invest in real estate. So they can use that money to construct a road, construct a railway, construct a bridge, or even build a hospital. So when they put the money into real estate and they get to generate revenue, they now pay you profit in the form of rent. So the money the government opportunity to be a part owner of a real asset. So let's take for example, the government wants to construct a bridge. So they will Sukuk bond to the public because of course, anybody at all can invest. It is not restricted only to anybody can invest. So if they a bridge, they can issue Sukuk bond to the public. So when you invest your money and construct the bridge, then on that going to put a toll to generate revenue. So from the revenue they generate, that is where you profit in the form of rent. And the profit is being paid twice every year, every six months. And they pay you for a period of 7 years. The minimum investment, like I said, is just 10,000 naira. So how do you get started with investing in Sukuk? You can visit any Islamic bank to make inquiries to invest. You can go to Taj Bank, you can go to Jaiz Bank, to the alternative banks. These are all Islamic banks that you can actually go to to make inquiries on exactly how to get started with investing in Sukuk. So if you have any questions at all with regards to this particular video, feel free to drop them for me in the comment section below.