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Faith, Finance & the Future: Understanding CRDB’s Al Barakah Sukuk artwork

Faith, Finance & the Future: Understanding CRDB’s Al Barakah Sukuk

Rich Auntie Chats
S7 E457:05
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Show notes

Join us for an insightful conversation with Rashid Rashid, Head of Islamic Banking at CRDB Plc, as he unveils the ground-breaking Al-Barakah Sukuk Investment. Rashid begins by unpacking the principles of Islamic banking; rooted in ethics, inclusivity, and shared prosperity before introducing the largest multi-currency Sukuk ever issued by a bank in East Africa. Discover how this Sharia-compliant investment is reshaping opportunities for both local and international investors: offering 12% annual returns in Tanzanian Shillings (TZS) and 6% in US Dollars, with quarterly payouts over a five-year term. Rashid also walks us through the key dates, entry requirements, and the broader vision of how Al-Barakah Sukuk is designed to empower communities while fueling Tanzania’s financial growth. Don’t miss this episode; your gateway to understanding how ethical finance is driving innovation and impact across the region Hosted on Acast. See acast.com/privacy for more information.

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