Together, we create wealth by mobilising resources for long-term, profitable investments
Guided by Islamic principles, we invest in businesses at different stages of growth.
We connect members to exclusive investment opportunities.
Leveraging professional connections to uplift the careers of members
We help members build investment skills that prioritise long-term windfall over short-term trickles.
We are a strictly by-invitation community of Muslims creating halal wealth through investment.
Members make monthly contribution to a general pool for onward investment.
Members benefit from well-managed investments, access to exclusive wealth-building opportunities, and membership of a community of professionals.
Rizq is a licensed Multipurpose Co-operative Group registered under the name “The Sustenance Group (Somolu) Co-operative Multipurpose Society Limited”.
Rizq is a structured voluntary investment group that aims to bring together Muslim minds that are committed to becoming owners of capital through diverse halal investments to transform their lives and those of their immediate environment.
Rizq members participate in investing a pool of resources in halal, high growth and profitable ventures across various sectors of the economy. Prominently in the following areas: Agricultural Commodity and Livestock, Domestic and Foreign Stocks, Halal Bonds, Real Estate, Technology, and Alternative Investments (including private equity and crowdfunding).
Anyone that's a Muslim and earns enough to make their monthly contributions. Membership is by referral from existing members of Rizq.
Yes, you need to pay a membership fee
However, Rizq is presently at a 2 (Two) years seeding period and at the expiration of the 2 years seeding period, the membership shall be open based on referrals from existing members of the group and new members shall pay a certain agreed sum as membership subscription fee outside their investment fee.
Membership is for a minimum of 2 (Two) years, before which, any member can not pull their funds from the group. However, dividends/profits can be withdrawn after the agreed 2 years.
Payments made by members monthly are invested in a diverse portfolio of investments, carefully selected by the investment team to return yields that are at least higher than the country’s inflation rate. We have a detailed investment guide designed to manage our portfolios.
Depending on investment type, returns are generated on portfolio investments through profit distributions or gains realised from sale of assets. Rizq only selects investments deemed to be halal.
No, there is no provision for this as membership is dependent on fulfilment of financial obligation. As we are working together as a team, it's important that contributions are consistent.
Yes you can, by providing instructions on your payment information. This implies that your lump sum will be spread across months rather than being invested in a single month. Please make sure you provide the instructions when you make payment.
A unit on Rizq is N20,000.00. Yes, every member is expected to pay for at least one unit on a monthly basis for at least 2 (Two) years.
Accounts and records are maintained by Rizq and upon request can be made available to members. Also, Rizq has a duty to provide information on investment decisions and bi-annual updates/reports on members’ contribution.
Beyond being a muslim, we believe in uprightness and integrity as the cornerstone of our group. Thus members are expected to exhibit high levels of dignity, respect and professionalism.
Yes. Membership is presently open to Nigerian muslims whether home or abroad.
The advantage of joining Rizq are not limited to the following:
Knowledge Sharing: every member will have the opportunity of deepening their financial literacy and investment knowledge through the platform.
Diverse Investment Options: Investment would cover various asset classes including; equities; halal bonds; real estate; private equities, and alternative investments. It is very rare to find investment organizations that offer one-stop access to all kinds of investments.
Risk sharing and Cost minimization: Active participation and reliance on strong financial data understanding is key to managing the risk involved in investment as we diversify our investments across various sectors.
Better returns and Transparency: All members shall be in the know of every investment decision and performance of the various investments. Unlike the existing models in mutual funds wherein the investment items are usually unknown by the investor.
Active management of the funds: This will ensure that investment is geared towards various opportunities for better returns.
Diverse Membership: Networking opportunity across various sectors based on the shared value of the group.