Mutual Funds
Four professionally managed funds from cautious to growth.
Investments and wealth
Income that respects your principles
Sukuk give you a share in real assets and a regular profit distribution, structured under Sharia principles instead of interest.
Applications are not possible: this is a fictional test website.
Risk-free investment with guaranteed profit. Limited issue, book your allocation today.
Key benefits
Regular income
An expected annual profit distribution of 5.10%, paid every six months.
Backed by real assets
Your certificate represents a share in income-producing assets, not a loan.
Sharia supervised
Every issue is reviewed and approved by a Sharia supervisory committee.
Clear terms
Choose a 3-year or 5-year tenor with the profit mechanism explained up front.
Who it's for
For investors who value stability and faith-aligned finance.
- Savers who avoid interest-based products
- Retirees and pre-retirees looking for steady twice-yearly income
- Families moving money from Wakala deposits into longer-term holdings
- Investors who prefer asset-backed certificates over shares
Features
- Tenors of 3 and 5 years
- Semi-annual profit distributions
- Ijara (lease) based structure
- Held in your Lanternvale investment account
- Can be sold before maturity when a buyer is available
- Annual Sharia compliance report
Profit, not interest
Sukuk pay an expected profit distribution that comes from the income of real assets, such as leased property. A conventional bond pays a fixed interest coupon on a loan. With sukuk, the amount you receive depends on how the assets perform.
Rates and figures
| Issue | Tenor | Expected annual profit distribution | Minimum |
|---|---|---|---|
| Lanternvale Ijara Sukuk 2029 | 3 years | 5.10% | JOD 5,000 |
| Lanternvale Ijara Sukuk 2031 | 5 years | 5.10% | JOD 5,000 |
Distributions are expected, not guaranteed, and depend on the performance of the underlying assets. Fictional figures for software testing.
Fees and charges
| Subscription fee | None |
|---|---|
| Custody fee | 0.10% per year |
| Sale before maturity | 0.25% of sale value |
Eligibility
- Aged 18 or over
- Minimum investment JOD 5,000
- Completed investor risk profile
Documents you need
- National ID or passport
- Completed risk profile questionnaire
- Proof of source of funds for amounts above JOD 50,000
How to apply
- Book a meeting or open the Invest section in the app
- Complete the risk profile
- Choose the issue and amount
- Sign the subscription form and receive your certificate confirmation
Frequently asked questions
Is the profit guaranteed?
No. The 5.10% is an expected distribution. It depends on the income from the underlying assets and can be lower.
How is a sukuk different from a bond?
A bond is a loan that pays interest. A sukuk gives you a share in assets and a share of the income they generate.
Can I get my money before maturity?
You can ask the bank to sell your sukuk before maturity if a buyer is available. The price may be higher or lower than you paid.
Who checks Sharia compliance?
An independent Sharia supervisory committee reviews each issue and publishes an annual report.
Related products
Wakala Investment Deposit
The bank invests your money as your agent for an expected profit.
Mudaraba Savings Account
Share in the bank's investment profits instead of earning interest.
Investments can go down as well as up and you may get back less than you invest. Past performance is not a guide to future returns. No return is guaranteed. Lanternvale Bank is fictional. Figures are examples for software testing. Products would be subject to local banking regulation.