20/06/2025
Salam alaekum Dear Sir/Ma,
CALL FOR SUBSCRIPTION!!!
Al-Halal Cooperative is targeted at raising the sum of Fifty Million Naira (N50,000,000.00) Only, through a public offer of One thousand (1,000) ordinary shares at a unit price of Fifty Thousand Naira (N50,000.00) per unit. Interested investors can apply and purchase a minimum of five (5) units of ordinary share.
Funds raised through this public offer will be invested in Halal Ventures, and it would be managed by the management committee.
The pool of funds raised from the public offer shall be invested, such that the fund would revolve and the profit made over a period of six (6) months would be shared in ratio 50:50 by both investors and the cooperative respectively, after deduction of running expenses.
The adopted model implies that profit on investment will be shared thrice (3ce) during the period of the investment, which is 18 months in the ratio specified above.
The capital is not withdrawable until the end of the 18th Month, whereby the profit and the capital will be paid together.
Any member who is interested in investing in this project should pay for the number of shares he /she intends to purchase to the following account:
Account Number: 0502302793
Account Name: Al Halal Investment
Bank: sterling bank Plc
and send the receipt to 08177534815
Interested members can pay to the above account number from 12th May, 2025, to 30th June 2025. The investment will kick off from 1st July 2025 to 31st December 2026.
The public is therefore invited to take part in this laudable venture aimed at uplifting the financial status of the ummah while at the same solving the immediate needs of the society.
Management Committee
