Tawakkul School of Cooperative Studies

As a cooperative, our mission is to empower our members to be financially stable without being entangled in the chains of loans. Join us to benefit from our laudable services.

TAWAKKUL MULTIPURPOSE COOPERATIVE SOCIETY LIMITED

(SAVINGS REMINDER TO MEMBERS: Save something into your Packages for this Month)

A'salam Alaikum Warahmatullah Wabarakahtuh

Tawakkul Multipurpose Cooperative is an Islamic Cooperative founded upon non-loan principles.

Members should remember that a core service of the Society, which is a primary duty of every member, is SAVINGS.

The benefits of doing your savings regularly include:

1. Your savings give you strong support for consideration of your applications for financing or when subscribing to the Simplepay package

2. Your savings can be used to make payments for goods bought from Tawakkul Store.

3. Your savings can serve as a reliable backup capital ready for withdrawal in the event of any contingency.

4. Without your savings, many more beneficial schemes from the Cooperative may not be easily accessed by you.

5. Your constant savings is the evidence of your status as an active member.

6. Your savings is a guarantee to approach the Cooperative for support

Make your savings into:

Account Name:Tawakkul MCS Ltd
Account Number: 0005858709
Bank: Jaiz Bank Plc

Your saving doesn't belong to anybody but to you. You'll get it when you need it. When you save, you gain. The reason why you should save more is to gain more. It's always good when you save for the rainy days.

Don't forget your Savings for this month

Your savings for the month are due now

_Plus, you can save at any time!_

After payment, upload your savings through your portal and check your Savings Balance on the Portal for updates after 24 hours (latest).

Thank you.

TAWAKKUL ADMIN
+234 815 655 1579

Al-Baqarah 2:275

ٱلَّذِينَ يَأْكُلُونَ ٱلرِّبَوٰا۟ لَا يَقُومُونَ إِلَّا كَمَا يَقُومُ ٱلَّذِى يَتَخَبَّطُهُ ٱلشَّيْطَٰنُ مِنَ ٱلْمَسِّۚ ذَٰلِكَ بِأَنَّهُمْ قَالُوٓا۟ إِنَّمَا ٱلْبَيْعُ مِثْلُ ٱلرِّبَوٰا۟ۗ وَأَحَلَّ ٱللَّهُ ٱلْبَيْعَ وَحَرَّمَ ٱلرِّبَوٰا۟ۚ فَمَن جَآءَهُۥ مَوْعِظَةٌ مِّن رَّبِّهِۦ فَٱنتَهَىٰ فَلَهُۥ مَا سَلَفَ وَأَمْرُهُۥٓ إِلَى ٱللَّهِۖ وَمَنْ عَادَ فَأُو۟لَٰٓئِكَ أَصْحَٰبُ ٱلنَّارِۖ هُمْ فِيهَا خَٰلِدُونَ

Those who consume interest cannot stand [on the Day of Resurrection] except as one stands who is being beaten by Satan into insanity. That is because they say, "Trade is [just] like interest." But Allah has permitted trade and has forbidden interest. So whoever has received an admonition from his Lord and desists may have what is past, and his affair rests with Allah. But whoever returns [to dealing in interest or usury] – those are the companions of the Fire; they will abide eternally therein.

At Tawakkul Multi-purpose Cooperative, we are non-interest and non-loan organization. We finance businesses and corporate organisations in halaal way.

PUBLIC NOTICE TO REGISTERED MEMBERS WHO ARE NOT ON MEMBERS' WHATSAPP PLATFORM

This is to inform and humbly request any registered member of Tawakkul Cooperative who is not on the dedicated WhatsApp platform for members to kindly contact the Tawakkul Admin on +234 815 655 1579 via WhatsApp.

Kindly supply the following information as registered with us:

Name:
Phone No (whatsapp):
Membership No:
Application No:

Kindly do so on or before 15th December 2023.
Following this, you shall be added to the Members WhatsApp platform.

Thank you.

TAWAKKUL ADMIN
+234 815 655 1579
[email protected]

At Tawakkul, your savings are not tied down like collateral. They are yours and available for your needs.

As Ramadan is a few months away, joining us would be beneficial to you.

We are open to conversation on how to join us. 08156551579 WhatsApp

The flexible savings system at Tawakkul Cooperative gives you a financial backup.

Tawakkul Cooperative is a cooperative with a difference. We are Shariah-compliant. We are open to both Muslims and non-Muslims. Your location is not a barrier. We are fully online. Join us today and be empowered.

As a financing Cooperative, we can pay for your items of choice while you us on installment

We are a Cooperative without border. Join us today regardless of your location

*Islam teaches that prudent investment is a manifestation of faith, demonstrating trust in divine provisions and acknowledging the responsibility to nurture and grow the resources bestowed upon us. Such investments cultivate self-reliance and enable the pursuit of noble endeavours.*

Tawakkul Cooperative cares

*In Islam, investing wisely is not just a financial choice, but a moral obligation, as it empowers individuals to contribute positively to society, fulfill their responsibilities, and support those in need.*

Tawakkul Cooperative

In every trade, remember that falsehood tarnishes the purity of your wealth, while honesty enriches your soul.

In Islamic cooperative, truthfulness is the cornerstone of trust, for honesty in business is a reflection of your faith.

*ACWA ACADEMY FOR WAQF STUDIES & RESEARCH*
(Abuja - Nigeria)

In Collaboration with:

*TAWAKKUL INSTITUTE OF CORPORATE & COOPERATIVE STUDIES- TICCS*
(Ilorin - Nigeria)
_(Government Approved)_

_Presents:_

_*PROFICIENCY MASTER CLASS ON WAQF PRACTICE*_
(A Three-Day Subsidized Online Training)

_Theme_ :

*WAQF (ISLAMIC ENDOWMENT/CHARITY) MANAGEMENT & ADMINISTRATION TECHNIQUES*

*Date*
_Day 1:_
Saturday 30th September 2023

_Day 2:_
Sunday 1st October 2023

_Day 3:_
Monday 2nd October 2023

*Time*
9:30 am - 1:00pm
(Nigeria Time, Daily)

*Venue*
Online, Zoom Platform

*Training Fee*
*_Pay:_*
₦15, 000: 00
(Fifteen Thousand Naira)
OR:
$30USD

*NB:*
_Main Cost:_
₦25, 000: 00k
_Discount:_
₦10,000:00

_Subsidised By:_
Al-Husnah Centre for Waqf Affairs
([email protected])

*Packages:*
1. Training Lectures & Discussions by Waqf Professionals as Facilitators

2. Professional Experience Sharing

3. Case Studies Analyses

4. Provision of Training Materials

5. Recorded Audios & Videos to be Accessible

6. Issuance of Certificate of: _Proficiency in Waqf Management & Administration Techniques_

7. Continuing Mentorship in Waqf Practice

*Registration Procedures*
1. Make Payment into Designated Account

2. Send your Name and Evidence of payment via WhatsApp

3.Send to TICCS Information Desk on: +2348059792271
https://wa.me/message/5OWGGFZ7PQ73C1

*Account Details*
_Bank:_
JAIZ BANK PLC

_Acct Number:_
0009579709

_Account Name:_
Tawakkul Institute of Cooperative Studies

(NB: Dollar Account will be provided upon request)

*REGISTRATION DEADLINE*
Tuesday 26th September 2023
(Limited Slots Available)

*Further Information:*
1. Emails
[email protected]
OR
[email protected]

2. Chairman
+2347038998357

3. ACWA Ag.Registrar
+2348130302910

4. TICCS Information Officer
+2348059792271

wa.me

Just as zakat purifies your wealth, investing in accordance with Shariah principles purifies your portfolio, inviting success and blessings. *Tawakkul Cooperative cares*

Diversify your investments through Islamic finance like you diversify your supplications – both strategies enhance your chances of a well-balanced and prosperous outcome.
*Tawakkul Cooperative cares*

*TAWAKKUL MULTIPURPOSE COOPERATIVE SOCIETY LIMITED*

*(SAVINGS REMINDER TO MEMBERS: Save something into your Packages for this Month)*

A'salam Alaikum Warahmatullah Wabarakahtuh

Tawakkul Multipurpose Cooperative is an Islamic Cooperative founded upon non-loan principles.

Members should remember that a core service of the Society, which is a primary of duty of every member, is *Savings*.

The benefits of doing your savings regularly include:

1. Your savings gives you a strong support for consideration of your applications for financing or when subscribing to the Simplepay package

2. Your savings can be used to make payment for goods bought from Tawakkul Store.

3. Your savings can serve as a reliable back up capital ready for withdrawal in event of any contingency.

4. Without your savings, many more beneficial schemes from the Cooperative may not be easily accessed by you.

5. Your constant savings is the evidence of your status as an active member.

6. Your savings is a guarantee to approach the Cooperative for support

MAKE your savings into:

*Account Name:* Tawakkul MCS Ltd
*Account Number:* 0005858709
*Bank:* Jaiz Bank Plc

Your saving doesn't belong to anybody, but to you. You'll get it when you need it. When you save, you gain. The reason why you should save more to gain more. It's always good when you save for the raining days.

*Don't forget your Savings for this month*

*Your savings for the month is due now*

_Plus, you can save at any time!_

After payment, upload your savings through your portal and check your Savings Balance on the Portal for updates after 24 hours (latest).

Thank you.

*TAWAKKUL ADMIN*
+234 815 655 1579

With every halal investment, you contribute to a financial ecosystem that echoes the fairness and integrity enshrined in Islamic teachings.
Tawakkul Cooperative

In the realm of Islamic cooperative, the journey of investing isn't solely about profits; it's a voyage towards financial security and spiritual contentment.

Tawakkul Cooperative

*DO NOT MISS THIS GREAT OPPORTUNITY*
(THIS TRAINING WILL AFTER THIS BE REVIEWED IN COST AND DURATION)

_JUST 4 Days to the Registration Deadline,_

*TAWAKKUL INSTITUTE OF CORPORATE AND COOPERATIVE STUDIES (TICCS)*
_Government Approved_

_Presents_ :-

*2-DAY VIRTUAL TRAINING COURSE (Batch 6)*

_Theme:-_
*PRINCIPLES, PRACTICE & MANAGEMENT OF ISLAMIC COOPERATIVE SOCIETY*

_Leading to the award of:-_ *Certificate in Islamic Cooperative Management and Practice (ICMAPCert)*

*_Training Modules :-_*

_Module 1:-_
General Introduction to Principles, Practice & Management of Islamic Cooperatives

_Module 2:-_
How to Establish and Run an Islamic Cooperative as Business Enterprise

_Module. 3:-_
Fundamental Investment Skills & Ideas for Islamic Cooperative Societies

_Module 4:-_
Essential Islamic Finance Products & Instruments for Islamic Cooperatives

_Module 5:-_
Techniques of Products Development & Implementation for Islamic Cooperatives

_Module 6:-_
Imperative Sharī'ah Compliance & Auditing Practices for Islamic Cooperatives

*Date:-*
Saturday, 19th - Sunday, 20th, August, 2023

*Time (Daily):-*
10:00am - 1:00pm
4:30pm - 6: 30pm
(Nigeria Standard Time)

*Venue:-*
_Online:_
Zoom Platform.

*Registration Procedures:-*
1. Make payment into designated account

2. Register online @ www.tawakkul.org.ng

3. Send your evidence of payment and registration number with full name and WhatsApp number to Tawakkul Institute @ 08059792271 (whatsapp)
https://wa.me/message/5OWGGFZ7PQ73C1

_Online training fee:-_
*₦25,000:00*
(Twenty-Five Thousand Naira)
Or:
*$50USD*

*BANK DETAILS:-*
_Account Name_ :- Tawakkul Institute of Cooperative Studies

_Account Number_ :- 0009579709

_Bank_ :-
Jaiz Bank Plc.

*NB*
(kindly take note and make sure the account Name displayed on your screen tallies with the one on this post).

*DEADLINE:*
Registration closes on:-
Friday, 11th August, 2023 @ 5:00pm (Nigeria Time).

*Further Information* ?
1. _Call or WhatsApp:-_
08149072022
(TICCS Admin)

2. 07038998357
(Chairman)

3. 08156551579
(Vice-Chairman)

4. Whatsaap Only
08059792271
(TICCS Information Desk)

5. Email:
[email protected]

Tawakkul Cooperative The TAWAKKUL Cooperative projects to become a reference point for an ideal Islamic, Shari'ah Compliant Cooperative System (ISCC) where members can be financially empowered and have their poverty alleviated without getting trapped in the webs of loans circles.

_DO YOU KNOW?_

*The contractual foundation of every Islamic Cooperative is Mushārakah. And, an Ideal Islamic Cooperative, which is Sharī'ah compliant, will be duly managed as a Mudārabah Business or Wakālah Business*

To learn how to establish and run an Islamic Cooperative as Business Enterprise, join us in the forthcoming Certificate Training at Tawakkul Institute of Corporate and Cooperative Studies (TICCS): the pioneer training provider in Islamic Cooperative Management & Practice in Nigeria.

[email protected]

TAWAKKUL COOPERATIVE: HOW TO BECOME A MEMBER AND SUBSCRIBE TO MONTHLY SAVINGS

Salaam Alaikum,

A warm welcome to TAWAKKUL COOPERATIVE. Thanks for your interest and for finding time to contact us. We appreciate you.

To your enquiry, right subscription is not yet open as we are in the process of perfecting our registration which will enable us to open an account in the name of the Society. Hopefully, by first week of January, 2020, subscription will open in sha Allah.

As from that time, membership registration will open. There are six categories of membership, namely:

1. Category A+
2. Category A
3. Category B
4. Category C
5. Category D
6. Category E.

As our unique initiative, members pay for shares at the point of Registration payment is automatically at N1, 000 per share. The number of shares purchase determines membership category for which the is registers. This number of Shares purchased within the category chosen is the member's BASIC SHARE, which is the basis of his membership in the Society. Regardless of membership category and in addition to the basic shares, every member can buy additional shares from time to time. Such additional shares shall be the member's EXTRA SHARES. Both BASIC SHARES AND EXTRA SHARES of every member shall be his MEMBERSHIP SHARES.

Based on membership categories, the minimum shareholding of every member is as follows:

1. Category A+: 50 Shares

2. Category A: 30 Shares

3. Category B: 20 Shares

4. Category C: 10 Shares

5. Category D: 5 Shares

6. Category E: 2 Shares

There is no monthly charges but members pay 2% of the Savings as Agency fee to the Society for management and administration of their Savings. However, different application fees apply at the point of becoming a member as follows:

1. Category A+: N5000 (Individual) or N10, 000 (corporate institution, eg another cooperative, school or company)

NB: corporate institutions can only join on Membership Category A+

2. Category A: N2,500

3. Category B: N2, 000

4. Category C: N1,500

5. Category D: N1,000

6. Category E: N500

There is provision for change of membership either from lower to higher level or vice versa. The charge for change from higher to lower is flat rate of N1, 000. However, when changing from one lower Membership Category, to higher Category, the change in membership fees is the difference between the application fee for the desires new higher Category and the current lower category.

The monetary worth of the Membership Shares of all members is the Society's FOUNDATION INVESTMENT FUND(FIF) which shall be for investment and business activities of the Society for the benefit of members.

Each member shall subscribe to at least a package for which a monthly Savings of not less than N2, 000 shall be earmarked. Depending on the monthly savings, a member can subscribe to as many packages as he chooses, earmarking an amount of his choice to each package, but not less than N2, 000.

Each package of the Society to which a member can subscribe constitute a BLOC. Thus, in addition to the General Membership, every member will belong to a BLOC based on package subscription. For example, every member who subscribes to HAJJ INVESTMENT SAVINGS will belong to HAJJ SAVINGS BLOC.

Some of the available Packages are:

1. Hajj Investment Savings
2. Education Investment Savings
3. Housing Investment Savings
4. Motor Vehicle Investment Savings
5. Healthcare Contributory Ta'awun Investment Savings (An In-house Islamic Health Insurance Package)
6. Vacation Investment Savings
7. Ramadan Umrah Investment Savings
8. Ramadan Investment Savings
9. Family Expenses Investment Savings
10. General Charity Investment Savings
11. Nikkah Investment Savings
12. Law School Investment Savings
13. General Purpose Investment Savings
14. Business Investment Savings

The Savings are due for harvest either by meeting the Target Fund for the Project or when the Society is agrees to finance the project with payment of the available savings as part payment for the financing fund advanced by the Society. The Savings can also be harvested if the period for which it is subscribed to be made becomes due, which must however not be less than 6 months.

Thank you. I hope with this you are better informed on why you should become a member and how you can subscribe to monthly savings.

Do not hesitate to contact us for further information and clarification. We will be glad to answer you. Please call or send a WhatsApp message to any of these numbers: 08156551579, 07038998357, 08053324974, or 08034673505.

Thank you.

Barakallah Fikum.

Dr Abdullahi S. Ishola
President/Founder

_Registration now Opens_

*TAWAKKUL INSTITUTE OF CORPORATE AND COOPERATIVE STUDIES (TICCS)*
_Government Approved_

_Presents_ :-

*2-DAY VIRTUAL TRAINING COURSE (Batch 6)*

_Theme:-_
*PRINCIPLES, PRACTICE & MANAGEMENT OF ISLAMIC COOPERATIVE SOCIETY*

_Leading to the award of:-_ *Certificate in Islamic Cooperative Management and Practice (ICMAPCert)*

*_Training Modules :-_*

_Module 1:-_
General Introduction to Principles, Practice & Management of Islamic Cooperatives

_Module 2:-_
How to Establish and Run an Islamic Cooperative as Business Enterprise

_Module. 3:-_
Fundamental Investment Skills & Ideas for Islamic Cooperative Societies

_Module 4:-_
Essential Islamic Finance Products & Instruments for Islamic Cooperatives

_Module 5:-_
Techniques of Products Development & Implementation for Islamic Cooperatives

_Module 6:-_
Imperative Sharī'ah Compliance & Auditing Practices for Islamic Cooperatives

*Date:-*
Saturday, 19th - Sunday, 20th, August, 2023

*Time (Daily):-*
10:00am - 1:00pm
4:30pm - 6: 30pm
(Nigeria Standard Time)

*Venue:-*
_Online:_
Zoom Platform.

*Registration Procedures:-*
1. Make payment into designated account

2. Register online @ www.tawakkul.org.ng

3. Send your evidence of payment and registration number with full name and WhatsApp number to Tawakkul Institute @ 08059792271 (whatsapp)
https://wa.me/message/5OWGGFZ7PQ73C1

_Online training fee:-_
*₦25,000:00*
(Twenty-Five Thousand Naira)
Or:
*$50USD*

*BANK DETAILS:-*
_Account Name_ :- Tawakkul Institute of Cooperative Studies

_Account Number_ :- 0009579709

_Bank_ :-
Jaiz Bank Plc.

*NB*
(kindly take note and make sure the account Name displayed on your screen tallies with the one on this post).

*DEADLINE:*
Registration closes on:-
Friday, 11th August, 2023 @ 5:00pm (Nigeria Time).

*Further Information* ?
1. _Call or WhatsApp:-_
08149072022
(TICCS Admin)

2. 07038998357
(Chairman)

3. 08156551579
(Vice-Chairman)

4. Whatsaap Only
08059792271
(TICCS Information Desk)

5. Email:
[email protected]

Tawakkul Cooperative The TAWAKKUL Cooperative projects to become a reference point for an ideal Islamic, Shari'ah Compliant Cooperative System (ISCC) where members can be financially empowered and have their poverty alleviated without getting trapped in the webs of loans circles.

Please expand your knowledge

TAWAKKUL COOPERATIVE: HOW TO BECOME A MEMBER AND SUBSCRIBE TO MONTHLY SAVINGS

Salaam Alaikum,

A warm welcome to TAWAKKUL COOPERATIVE. Thanks for your interest and for finding time to contact us. We appreciate you.

To your enquiry, right subscription is not yet open as we are in the process of perfecting our registration which will enable us to open an account in the name of the Society. Hopefully, by first week of January, 2020, subscription will open in sha Allah.

As from that time, membership registration will open. There are six categories of membership, namely:

1. Category A+
2. Category A
3. Category B
4. Category C
5. Category D
6. Category E.

As our unique initiative, members pay for shares at the point of Registration payment is automatically at N1, 000 per share. The number of shares purchase determines membership category for which the is registers. This number of Shares purchased within the category chosen is the member's BASIC SHARE, which is the basis of his membership in the Society. Regardless of membership category and in addition to the basic shares, every member can buy additional shares from time to time. Such additional shares shall be the member's EXTRA SHARES. Both BASIC SHARES AND EXTRA SHARES of every member shall be his MEMBERSHIP SHARES.

Based on membership categories, the minimum shareholding of every member is as follows:

1. Category A+: 50 Shares

2. Category A: 30 Shares

3. Category B: 20 Shares

4. Category C: 10 Shares

5. Category D: 5 Shares

6. Category E: 2 Shares

There is no monthly charges but members pay 2% of the Savings as Agency fee to the Society for management and administration of their Savings. However, different application fees apply at the point of becoming a member as follows:

1. Category A+: N5000 (Individual) or N10, 000 (corporate institution, eg another cooperative, school or company)

NB: corporate institutions can only join on Membership Category A+

2. Category A: N2,500

3. Category B: N2, 000

4. Category C: N1,500

5. Category D: N1,000

6. Category E: N500

There is provision for change of membership either from lower to higher level or vice versa. The charge for change from higher to lower is flat rate of N1, 000. However, when changing from one lower Membership Category, to higher Category, the change in membership fees is the difference between the application fee for the desires new higher Category and the current lower category.

The monetary worth of the Membership Shares of all members is the Society's FOUNDATION INVESTMENT FUND(FIF) which shall be for investment and business activities of the Society for the benefit of members.

Each member shall subscribe to at least a package for which a monthly Savings of not less than N2, 000 shall be earmarked. Depending on the monthly savings, a member can subscribe to as many packages as he chooses, earmarking an amount of his choice to each package, but not less than N2, 000.

Each package of the Society to which a member can subscribe constitute a BLOC. Thus, in addition to the General Membership, every member will belong to a BLOC based on package subscription. For example, every member who subscribes to HAJJ INVESTMENT SAVINGS will belong to HAJJ SAVINGS BLOC.

Some of the available Packages are:

1. Hajj Investment Savings
2. Education Investment Savings
3. Housing Investment Savings
4. Motor Vehicle Investment Savings
5. Healthcare Contributory Ta'awun Investment Savings (An In-house Islamic Health Insurance Package)
6. Vacation Investment Savings
7. Ramadan Umrah Investment Savings
8. Ramadan Investment Savings
9. Family Expenses Investment Savings
10. General Charity Investment Savings
11. Nikkah Investment Savings
12. Law School Investment Savings
13. General Purpose Investment Savings
14. Business Investment Savings

The Savings are due for harvest either by meeting the Target Fund for the Project or when the Society is agrees to finance the project with payment of the available savings as part payment for the financing fund advanced by the Society. The Savings can also be harvested if the period for which it is subscribed to be made becomes due, which must however not be less than 6 months.

Thank you. I hope with this you are better informed on why you should become a member and how you can subscribe to monthly savings.

Do not hesitate to contact us for further information and clarification. We will be glad to answer you. Please call or send a WhatsApp message to any of these numbers: 08156551579, 07038998357, 08053324974, or 08034673505.

Thank you.

Barakallah Fikum.

Dr Abdullahi S. Ishola
President/FounderTAWAKKUL COOPERATIVE: HOW TO BECOME A MEMBER AND SUBSCRIBE TO MONTHLY SAVINGS

Salaam Alaikum,

A warm welcome to TAWAKKUL COOPERATIVE. Thanks for your interest and for finding time to contact us. We appreciate you.

To your enquiry, right subscription is not yet open as we are in the process of perfecting our registration which will enable us to open an account in the name of the Society. Hopefully, by first week of January, 2020, subscription will open in sha Allah.

As from that time, membership registration will open. There are six categories of membership, namely:

1. Category A+
2. Category A
3. Category B
4. Category C
5. Category D
6. Category E.

As our unique initiative, members pay for shares at the point of Registration payment is automatically at N1, 000 per share. The number of shares purchase determines membership category for which the is registers. This number of Shares purchased within the category chosen is the member's BASIC SHARE, which is the basis of his membership in the Society. Regardless of membership category and in addition to the basic shares, every member can buy additional shares from time to time. Such additional shares shall be the member's EXTRA SHARES. Both BASIC SHARES AND EXTRA SHARES of every member shall be his MEMBERSHIP SHARES.

Based on membership categories, the minimum shareholding of every member is as follows:

1. Category A+: 50 Shares

2. Category A: 30 Shares

3. Category B: 20 Shares

4. Category C: 10 Shares

5. Category D: 5 Shares

6. Category E: 2 Shares

There is no monthly charges but members pay 2% of the Savings as Agency fee to the Society for management and administration of their Savings. However, different application fees apply at the point of becoming a member as follows:

1. Category A+: N5000 (Individual) or N10, 000 (corporate institution, eg another cooperative, school or company)

NB: corporate institutions can only join on Membership Category A+

2. Category A: N2,500

3. Category B: N2, 000

4. Category C: N1,500

5. Category D: N1,000

6. Category E: N500

There is provision for change of membership either from lower to higher level or vice versa. The charge for change from higher to lower is flat rate of N1, 000. However, when changing from one lower Membership Category, to higher Category, the change in membership fees is the difference between the application fee for the desires new higher Category and the current lower category.

The monetary worth of the Membership Shares of all members is the Society's FOUNDATION INVESTMENT FUND(FIF) which shall be for investment and business activities of the Society for the benefit of members.

Each member shall subscribe to at least a package for which a monthly Savings of not less than N2, 000 shall be earmarked. Depending on the monthly savings, a member can subscribe to as many packages as he chooses, earmarking an amount of his choice to each package, but not less than N2, 000.

Each package of the Society to which a member can subscribe constitute a BLOC. Thus, in addition to the General Membership, every member will belong to a BLOC based on package subscription. For example, every member who subscribes to HAJJ INVESTMENT SAVINGS will belong to HAJJ SAVINGS BLOC.

Some of the available Packages are:

1. Hajj Investment Savings
2. Education Investment Savings
3. Housing Investment Savings
4. Motor Vehicle Investment Savings
5. Healthcare Contributory Ta'awun Investment Savings (An In-house Islamic Health Insurance Package)
6. Vacation Investment Savings
7. Ramadan Umrah Investment Savings
8. Ramadan Investment Savings
9. Family Expenses Investment Savings
10. General Charity Investment Savings
11. Nikkah Investment Savings
12. Law School Investment Savings
13. General Purpose Investment Savings
14. Business Investment Savings

The Savings are due for harvest either by meeting the Target Fund for the Project or when the Society is agrees to finance the project with payment of the available savings as part payment for the financing fund advanced by the Society. The Savings can also be harvested if the period for which it is subscribed to be made becomes due, which must however not be less than 6 months.

Thank you. I hope with this you are better informed on why you should become a member and how you can subscribe to monthly savings.

Do not hesitate to contact us for further information and clarification. We will be glad to answer you. Please call or send a WhatsApp message to any of these numbers: 08156551579, 07038998357, 08053324974, or 08034673505.

Thank you.

Barakallah Fikum.

Dr Abdullahi S. Ishola
President/Founder

At Tawakkul Multipurpose Cooperative society limited you are always covered.

*TAWAKKUL COOPERATIVE REAL ESTATE INVESTMENT SCHEME*

_Call for Subscription_

*Target Investment Fund:*
₦50, 000, 000: 00k
(Fifty Million Naira)

*Available Units*
1000
(One Thousand)

*Cost Par Unit*
₦50, 000: 00k
(Fifty Thousand Naira)

*Other Fees:*
_i. Processing Fee:_
₦5, 000:00k
(Five Thousand Naira)

_ii. Stamp Duty:_
₦50:00k (Fifty Naira par payment Transaction)

*Subscription Periods*
_Open:_
Monday, 10th October, 2022

_Closing:_
Friday, 30th December, 2022

*Investment Period*
1st January, 2023 - 31st December, 2025

*Eligibility*
_Members & Friends of Tawakkul_
All Existing and New Members of Tawakkul as well as Non-Member Friends of Tawakkul
(NB: if you are not yet a member, and you don't want to subscribe as a Non-Member Friend, first register as a member at www.tawakkul.org.ng and notify Admin on: *08156551579*; then proceed to your investment subscription on the same website; otherwise proceed to subscribe as a *Friend of Tawakkul*).

*Investment Terms, Structure and Return*
1. Mudārabah Contract between subscribers and Tawakkul Cooperative
2. A Profit and Loss Based Investment Scheme
3. Profits to be shared on ratio of 60:40% to Subscribers and Managers, respectively
4. Quarterly Report to investors and constant updates on WhatsApp Platform
5. Transparency, Accountability and Trust as the Core Values.

*How to Subscribe:*
1. Visit: www.tawakkul.org.ng and click REAL ESTATE INVESTMENT, to apply.
Apply as TAWAKKUL MEMBER or FRIEND

2. Make all payments into the following account details:

*Account Name:*
TAWAKKUL COOPERATIVE SOCIETY LTD

*Account Number:*
1000383861

*Bank:*
LOTUS Bank Ltd

*Further Information & Inquiries*
1. Dr Abdullahi Saliu Ishola, FIFP
(President: 07038998357)

2. Barr Yusuf F Zubair
(Vice President: 08053324974)

3. Barr Ibrahim Akangbe
(Investment Legals & Coordinator:
+234 803 730 5789)
4. Barr Kamaldeen O. Salman
(Investment Manager:+234 803 467 3505 )

5. Dr AbdulRazaq Sarumi
(Sharī'ah Compliance Officer: +234 703 272 1792)

6. Barr Najimdeem Adeoye
(Investment Risks and Strategies Officer: +234 802 639 2640)

7. Mr Yahaya Ibrahim Odedele
(Admin Officer: 08156551579)

*_DISCLAIMER_*
By Law, cooperative society services and Transactions can only be made with members and friends of the Cooperative. Thus, this call is only open to Existing and New Members of Tawakkul Cooperative and Its Freinds, but NOT meant to be an invitation to the General Public for investment.

_SIGNED_
*Barr Kamaldeen O Salman*
(Secretary)