Ibechris2:


Thanks.

Re you selling??

Diogo2019:


Re you selling??

I am not!

unite4real:


U can open the cscs account online. If it wasn't compulsory it wouldn't have been a requirement especially if u want your your allocation to be successful

I just contacted a staff of Afrinvest and he said I have to open an account with Afrinvest first, then a cscs account. He also sent me the SUKUK form through WhatsApp and the Afrinvest form. He said the cscs no will take 48 hrs to be ready. Must I submit the SUKUK form to him. I mean how do they benefit from this. Are there questions I should ask them. Thanks pls

emmasoft:


Click the link on my account to open the cscs account with investment one

thanks fellow, really appreciate

Risingcash94:


I just contacted a staff of Afrinvest and he said I have to open an account with Afrinvest first, then a cscs account. He also sent me the SUKUK form through WhatsApp and the Afrinvest form. He said the cscs no will take 48 hrs to be ready. Must I submit the SUKUK form to him. I mean how do they benefit from this. Are there questions I should ask them. Thanks pls

Their benefit is that someday, you will do business with them. As an investor, your appetite changes from time to time and when u do need to buy stocks or deal on the secondary market, they already have you and you already have them. So they earn commission.

emmasoft:


Click the link on my account to open the cscs account with investment one. You can also submit the completed form through investment one. You don't need cash to open the account

I can't find d link please, moreover is investment one legit

unite4real:


Their benefit is that someday, you will do business with them. As an investor, your appetite changes from time to time and when u do need to buy stocks or deal on the secondary market, they already have you and you already have them. So they earn commission.

Thanks for your kindness. So I guess they're getting a commission from my SUKUK BOND investment?

Risingcash94:


Thanks for your kindness. So I guess they're getting a commission from my SUKUK BOND investment?

You don't need to subscribe for the sukuk through them. You only need the cscs from them.The process has been simplified. You may need to go back on this thread to read up.

unite4real:


You don't need to subscribe for the sukuk through them. You only need the cscs from them.The process has been simplified. You may need to go back on this thread to read up.

please what is the different between investment one cscs account and stanbic bank cscs account

Akerewe:
I can't find d link please, moreover is investment one legit

Look at d bottom of my post it's there.. U can also see my phone number there. Investment one is former GTBank asset management it's legit and register n regulated by SEC. Some folks here are clients of Investment one

emmasoft:

Look at d bottom of my post it's there.. U can also see my phone number there. Investment one is former GTBank asset management it's legit and register n regulated by SEC. Some folks here are clients of Investment one

thanks for ur promptness

Hello chief emmesoft, if I open my cscs with investment one can I still proceed to apply for the sukuk bond through stanbic bank?

Akerewe:
please what is the different between investment one cscs account and stanbic bank cscs account

CSCS means Central securities clearing system. It's d depository body that houses all investors shares electronically. They issue cscs account and CHN through capital market operators licensed to trade on the NSE. You can pass through any of the licensed operators to get it of which IBTC and Investment One are examples of operators. However, the process of opening cscs differ from operator to operator especially in the aspect of initial cash deposit

Akerewe:
Hello chief emmesoft, if I open my cscs with investment one can I still proceed to apply for the sukuk bond through stanbic bank?

Yes if u so wish.

emmasoft:

CSCS means Central securities clearing system. It's d depository body that houses all investors shares electronically. They issue cscs account and CHN through capital market operators licensed to trade on the NSE. You can pass through any of the licensed operators to get it of which IBTC and Investment One are examples of operators. However, the process of opening cscs differ from operator to operator especially in the aspect of initial cash deposit

thanks for your clarification chief emmasoft, God bless you immensely

I don't know why first bank and Stanbic staff is telling me that they are not aware of this sukuku. that they have not been communicated yet.
anyone with different experience from this banks??

unite4real:


You don't need to subscribe for the sukuk through them. You only need the cscs from them.The process has been simplified. You may need to go back on this thread to read up.

You're right. I did read where you simplified the process. Thanks you

If u av funds with them, they would tell u their not aware.

Mills55:
I don't know why first bank and Stanbic staff is telling me that they are not aware of this sukuku. that they have not been communicated yet.
anyone with different experience from this banks??

Hello house, i spoke with one of stanbic bank guys now and he told me frankly that the minimum amount to buy a sukuk bond from them is 30million naira. Please how much is the minimum amount (entry) with another fiirm

Godbpraised:
If u av funds with them, they would tell u their not aware.

exactly d same experience with stanbic yesterday. They sent me stanbic sharia fund instead of sukuk bond and the told me its d same and that they are not aware of sukuk bond

Mills55:
I don't know why first bank and Stanbic staff is telling me that they are not aware of this sukuku. that they have not been communicated yet.
anyone with different experience from this banks??

Same experience with stanbic, a lady even called me on phone telling me the minimum is 50m which i knew is FGN Bond not the current SUKUK. I have to download the SUKUK advert and sent to her mail for her to be aware. I am just waiting for my CSCS to be open before i visit.

Akerewe:
exactly d same experience with stanbic yesterday. They sent me stanbic sharia fund instead of sukuk bond and the told me its d same and that they are not aware of sukuk bond

What's the rate of the sharia fund and is it a 7yrs contract like the fg sukuk?

Ikjosh04:


What's the rate of the sharia fund and is it a 7yrs contract like the fg sukuk?

no, its just like mutual fund and d rate is not stated

Ikjosh04:


What's the rate of the sharia fund and is it a 7yrs contract like the fg sukuk?

The Sharia Fixed Income Fund is about 6.85%. They sent it to me too. I just ignored it cause that's not what i want. Those guys know what they are doing.

Phyde:

The Sharia Fixed Income Fund is about 6.85%. They sent it to me too. I just ignored it cause that's not what i want. Those guys know what they are doing.

of course they do

Akerewe:
Hello house, i spoke with one of stanbic bank guys now and he told me frankly that the minimum amount to buy a sukuk bond from them is 30million naira. Please how much is the minimum amount (entry) with another fiirm

Don't fret and do not let any bank frustrate your plan to invest in the Sukuk bond. The bond prospectus states #10,000 minimum and in multiples of #1000 thereafter.
Follow these steps:
1. Google FCSL Aset Mgt.Coy Ltd
2. Pay amt. You wish to invest into FCSL Asset Mgt. Co. Ltd. a/c with Zenith Bank. Acct. No.-1011713073
3. There are names and phone numbers of some officials on their website, call any of the numbers and inform him you paid for Sukuk investment into their account.
4. Upload a scan copy of your filled form to them.
5. Shikena.
Why did I even give out all these information self? The bond will be oversubscribed and I may end up not getting as you might have taken my slot. (Laughs).

Mills55:
I don't know why first bank and Stanbic staff is telling me that they are not aware of this sukuku. that they have not been communicated yet.
anyone with different experience from this banks??

Go to your Stockbroker or licensed investment houses

Akerewe:
exactly d same experience with stanbic yesterday. They sent me stanbic sharia fund instead of sukuk bond and the told me its d same and that they are not aware of sukuk bond

They are not the same

Ikjosh04:


What's the rate of the sharia fund and is it a 7yrs contract like the fg sukuk?

It is one of the products of the bank

wura2u:


Don't fret and do not let any bank frustrate your plan to invest in the Sukuk bond. The bond prospectus states #10,000 minimum and in multiples of #1000 thereafter.
Follow these steps:
1. Google FCSL Aset Mgt.Coy Ltd
2. Pay amt. You wish to invest into FCSL Asset Mgt. Co. Ltd. a/c with Zenith Bank. Acct. No.-1011713073
3. There are names and phone numbers of some officials on their website, call any of the numbers and inform him you paid for Sukuk investment into their account.
4. Upload a scan copy of your filled form to them.
5. Shikena.
Why did I even give out all these information self? The bond will be oversubscribed and I may end up not getting as you might have taken my slot. (Laughs).

It is FG Investment products, small Investors will be given high priority if it is over subscribed .

unite4real:


You don't need to have an account with any of those banks. You only need to transfer money from your bank account to those banks.

As for the cscs, you need to open one as quick as possible. Try Morgan capital or Afrinvest. You have little time left

Good day sir.

I just got the form for Sukuk bond and on the top right is asked APPLICANTS S4/ CUSTODIAN A/C NO. Is it the same as CHN number?

I visited the VGIF page on investment one website. I couldn't find the 8.5% guaranty. Am I missing something?
[quote author=emmasoft post=89976383][/quote]