Lotus Waqf (Endowment) Fund
Fund Objective
For the purpose of fulfilling charitable purposes. The assets of the Fund would be invested in Shariah-compliant contracts and instruments (fixed term investments, sukuk, equities, mutual funds, commodities) with the aim of preserving the capital and generating returns. Income generated is distributed to qualifying charitable purposes in a manner that aligns with the overall objectives of the Fund.
Financials
Year Ending |
Net Income (₦'000) |
Total Expenses (₦'000) |
Profit/(Loss) before Taxation (₦'000) |
Taxation (₦'000) |
Total Income/(Loss) for the year (₦'000) |
Closing Net Assets (₦'000) |
Income Growth |
Fund Management Costs to Income Ratio |
Growth in AUM |
Closing NAV Per Unit (₦) |
Change in Audited NAV Per Unit |
Fund Auditors |
Expense Ratio |