Marble Halal Capital, a provider of Shariah-compliant investment solution, says its commodities fund achieved 35.60 per cent growth as at Dec. 31, 2024.
Dr Akeem Oyewale, Chief Executive Officer of Marble Halal Capital, said this in a statement on Monday in Lagos.
According to him, this solidifies the company’s position as a competitive player in the Nigerian Commodities market.
He added that the Marble Halal Fixed Income Fund (MHFIF) launched on Aug. 28, 2023, also delivered a return of 11.54 per cent for the year ended 2024.
Oyewale said, as a low-risk investment solution, MHFIF prioritises capital preservation and steady income, investing predominantly in shariah-compliant fixed-income instruments such as Sukuk, non-interest commercial papers (NICPs), and ethical debt instruments.
“We are thrilled with the impressive performance of our funds in 2024. Our commitment to providing innovative, shariah-compliant investment solutions has resonated with investors seeking ethical and competitive returns.
“We look forward to continuing to deliver value to our investors in the years to come,” he said.
According to him, in Nigeria’s expanding market for ethical and shariah-compliant investments, Marble Capital is making significant strides with its two high-performing mutual funds.
Designed to align with ethical principles, Oyewale said these funds offer competitive returns and portfolio diversification for Nigerian investors seeking both growth and capital preservation within a value-driven investment framework.
Also, Ms Busola Kuku, Head of Asset Management, Marble Halal Capital, explained that both funds were accessible to a broad range of investors, given the minimum amount required.
“For instance, the marble halal commodities fund requires a minimum investment of N50,000, with N10,000 on subsequent subscriptions, making it accessible to a wide range of investors from retail to high-net-worth individuals.
“Similarly, entry into the MHFIF requires a minimum investment of N10,000, making it accessible to a broad range of investors.
“Despite its focus on preservation, the MHFIF remains a secure and ethical choice for risk-averse investors seeking income stability,” she said.
According to her, both funds adhere strictly to shariah principles, providing investors with peace of mind, knowing that their investments align with Islamic finance guidelines.
Kuku stated that the MHCF’s strong year-to-date growth of 25.60 per cent makes it a competitive choice for growth-focused investors, while the MHFIF offers low-risk income stability.
The MHCF was launched on May 10, 2023 as the first commodities mutual fund in Nigeria, providing investors with access to a diverse portfolio of shariah-compliant instruments as it relates to commodities and commodities-linked instruments.(NAN)
