Stanbic IBTC Imaan Fund


The Stanbic IBTC Imaan Fund (“Imaan Fund”) is the most recent addition to the basket of Mutual Fund offerings by Stanbic IBTC Asset Management Limited. The primary objective of the Fund is to achieve Long term capital appreciation of its assets by investing in Shariah Compliant equity securities approved by the Shariah Advisory Committee of the Fund.

The Fund invests a minimum of 70% of its assets in equities of Shariah compliant companies listed on The Nigerian Stock Exchange while retaining a maximum of 30% in non-interest earning fixed income securities (i.e. Sukuk).

This was originally introduced to private investors in 2011 as Shariah Compliant Portfolio and has now been registered with The Securities and Exchange Commission (“SEC”) as a publicly traded mutual fund. With the recent registration of the Iman Fund, investors can now benefit from the asset allocation and performance of the fund with as little as N5,000.00 only.

Units of the fund are issued at the prevailing offer price as is equivalent to the market value of subscription. The fund is re-valued at the end of each working day to reflect any changes in the price of the underlying stocks as well as interest earned for that day. This means that the value of units held may change from day to day.


Imaan Fund was registered with SEC in 2013

Initial Price: N100.00 (Nominal Value)

Portfolio Allocation: Minimum 70% in Shariah Compliant Equities, Maximum 30% non-interest fixed income securities (i.e. Sukuk)

The minimum application: N5,000 and subsequent investments of N5,000.00

Subsequent investments can be made at any of our offices or any branch of Stanbic IBTC Bank Plc online by clicking on the CIPG link when you log on to your mutual fund account, via the Quickteller payment platform at or at your nearest Quickteller-enabled ATM. Subsequent investments can also be made via direct debit / standing order from your bank account.

How to invest in the Stanbic IBTC Imaan Fund

For New Subscribers

Fill in a Subscription Form and issue a cheque or draft for the cost of units applied for or initiate a transfer to the fund’s account.

Please make the cheque/draft payable to First Trustees/Imaan Fund

Send the cheque/draft or evidence of payment, completed Subscription Form and other documents to any of our offices in Lagos, Abuja, or Port-Harcourt or any branch of Stanbic IBTC Bank Plc

If you are buying from outside Nigeria it is easy to do so. Find out how

Within five days, we will send you an email confirming purchase of units and telling you how to log in to your account


For Existing Subscribers

Quickteller-enabled ATM (Please click here for list of ATM payment codes)

Online at or by clicking on the CIPG link when you log on to your mutual fund account

Direct Debit or standing order (Please click here for a Direct Debit mandate form)

Send a cheque and completed purchase order form to any Stanbic IBTC Asset Management office.

Redeem Your Investment

You can redeem a part or all your investments at any time

Fill in a Redemption Form and submit to any of our branches nationwide

The proceeds of your redemption will be transferred to your nominated bank account within five (5) working days.


Investments in Shariah Compliant Instruments in line with the principles of Islamic finance

Governance of the Fund by a Shariah Advisory Committee

Capital appreciation with competitive returns in the long term (for information on the performance history of Stanbic IBTC Mutual Funds, kindly contact us on This e-mail address is being protected from spambots. You need JavaScript enabled to view it )

Easy entry & exit


Direct Debit / Standing order convenience

Customer Care Line

+234 1 280 1266


Send us an email


Subscribe to our quarterly newsletter