Week ended 9 October 2026

Shariah-compliant funds in Nigeria

21 shariah-compliant funds reported to SEC for the week ended 9 October 2026. Together they held ₦152.0bn for 66,057 unitholders.

Source: SEC Nigeria weekly valuation report, week ended 9 October 2026

₦152.0bn

held in shariah-compliant funds

21

funds

66,057

unitholders

All 21 funds

FundYield, week to dateYield, year to dateFund sizeUnitholders
Lotus Halal Fixed Income Fund
Lotus Capital, Fixed income
0.37%12.47%₦55.6bn14,779
Stanbic IBTC Imaan Fund
Stanbic IBTC Asset Management, Equity
-0.91%56.44%₦34.2bn12,740
Lotus Halal Investment Fund
Lotus Capital, Equity
-1.35%38.32%₦16.7bn17,652
ARM Halal Balanced Fund
ARM Investment Managers, Balanced
-64.06%41.22%₦16.1bn8,536
Norrenberger Islamic Fund
Norrenberger Investment & Capital Management, Fixed income
0.32%17.93%₦7.4bn1,203
First Asset Halal Fund
First Asset Management, Fixed income
0.25%10.82%₦5.6bn1,167
United Capital Sukuk Fund
United Capital Asset Management, Fixed income
0.21%12.49%₦3.9bn2,548
Stanbic IBTC Shariah Fixed Income Fund
Stanbic IBTC Asset Management, Fixed income
-0.44%13.07%₦3.4bn4,673
ARM Sharia Compliant Fixed Income Fund
ARM Investment Managers, Fixed income
10.83%13.71%₦2.0bn990
Marble Halal Fixed Income Fund
Marble Capital, Fixed income
0.44%18.03%₦1.4bn173
FSDH Halal Fund
FSDH Asset Management, Fixed income
14.43%13.28%₦1.1bn345
Alpha10 Halal Fund
Alpha10 Fund Management, Fixed income
19.84%20.91%₦913.3m132
Afrinvest Halal Fund
Afrinvest Asset Management, Balanced
-0.54%12.10%₦617.7m100
EDC Halal Fund
EDC Fund Management, Fixed income
-0.18%9.15%₦585.1m26
Marble Halal Commodities Fund
Marble Capital, Fixed income
-0.10%17.57%₦550.3m143
Cordros Halal Fixed Income Fund
Cordros Asset Management, Fixed income
0.27%14.85%₦405.2m95
Emerging Africa Halal Fund
Emerging Africa Asset Management, Fixed income
0.19%13.93%₦401.6m60
Lotus Waqf (Endowment) Fund
Lotus Capital, Balanced
-2.19%20.98%₦384.2m291
One17 Halal Fund
One17 Capital, Balanced
0.12%18.43%₦304.4m377
CapitalTrust Halal Fixed Income Fund
CapitalTrust Investments & Asset Management, Fixed income
0.53%11.66%₦258.7m15
D'Namaz Halal Fixed Income Fund
D'Namaz Capital, Fixed income
0.34%12.23%₦54.3m12

Both yield columns are shown as each manager reported them to SEC (week to date and year to date); a blank means SEC printed no figure. † The manager typed the yield as a whole number (17.5 for 0.175); we show it as a percentage. ‡ SEC printed a figure that cannot be a real yield; the original is in the CSV. Select a column heading to sort.

This week as CSVFull history as CSV

Over time

Unitholders
Unitholders in Nigerian shariah-compliant funds, weekly20,00040,00060,00080,0003 Jan 202521 Nov 20259 Oct 2026
Unitholders in Nigerian shariah-compliant funds, weekly20,00040,00060,00080,0003 Jan 202521 Nov 20259 Oct 2026
Total held, weekly
Total net asset value of Nigerian shariah-compliant funds, weekly₦0₦50.0bn₦100.0bn₦150.0bn3 Jan 202521 Nov 20259 Oct 2026
Total net asset value of Nigerian shariah-compliant funds, weekly₦0₦50.0bn₦100.0bn₦150.0bn3 Jan 202521 Nov 20259 Oct 2026

These are figures managers report to SEC, published for comparison. They are not advice or a recommendation. Read a fund's prospectus and confirm its manager's SEC registration before you invest. How we collect this data.