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How Much Do You Know About Sukuk Bond?

Sukuk money had no religious colour, it was just a cultural way of lending money that was different from the western way of charging interest.

What the Islamic leading does is to own a part of the assets or collect rent rather than...
..charge interest.

The N100Billion Sukuk Bond which the FG raised was divided into six, each geo political zone got N16.6B.

25 Roads are been impacted across the six zones, some zones have more Roads while some have less Roads but the first point is to ensure equality of zones.
Sukuk Bond Roads;

North East Zone : Reconstruction of Kano - Maiduguri Road, section 2, 3, 4 and 5

South East Zone : Rehabilitation of the Onitsha - Enugu Express
Rehabilitation and Reconstruction of the Enugu - Port Harcourt Dual Carriageway section 1, 2 and 3
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