The Lotus Halal ETF (LOTUSHAL15)

The easiest way to invest in halal NGX stocks

For a beginner, buying individual stocks requires research on each company. A simpler approach is an ETF — Exchange Traded Fund.

LOTUSHAL15 — Nigeria's Halal ETF

The Lotus Halal Equity ETF (ticker: LOTUSHAL15) is managed by Lotus Capital and tracks the NGX Lotus Islamic Index. Key facts:

• Listed on the NGX — buy and sell it like any share
• Holds a portfolio of Shariah-screened Nigerian equities
• Managed by Lotus Capital, a leading Islamic finance asset manager in Nigeria
• Periodic rebalancing follows index re-screening
• Dividends from portfolio companies are distributed to ETF holders (after purification of any minor non-compliant income)

ETF vs individual stocks

• ETF: Instant diversification, lower research burden, but you don't choose which companies are included.
• Individual stocks: More control and potentially higher returns, but requires deeper research per company.

For most beginners, starting with LOTUSHAL15 and gradually learning about individual stocks is the recommended path.