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Ethical/Non-interest funds

Align Your Pension with Your Principles.

Discover Fund VI, our Non-Interest investment option designed for ethical growth and financial peace of mind.

Introducing the Parthian Non-Interest Fund (Fund VI)

At Parthian Pensions, we believe your financial future should align with your personal values. Our Non-Interest Fund (Fund VI) offers you the opportunity to grow your Retirement Savings Account (RSA) through investments that adhere strictly to non-interest (Shari’ah-compliant) finance principles.
This fund is designed for any RSA holder – whether you’re actively contributing or already retired – who seeks to ensure their pension is managed in accordance with ethical and non-interest financial guidelines. With Fund VI, you can pursue competitive returns while staying true to your beliefs.

What Does "Non-Interest" Investing Mean?

Simplicity is key at Parthian Pensions, so let’s break it down:

No Interest (Riba):

The fund does not earn or pay interest. Returns are generated through profit-sharing from underlying investments and capital appreciation.

Focus on Real Assets:

Emphasis is placed on investments in tangible assets, and real economic activities.

Ethical Screening:

Investments are carefully selected to avoid industries considered harmful or unethical, such as alcohol, gambling, and conventional interest-based financial institutions.

Shared Prosperity:

The underlying principle is often about sharing risks and rewards, promoting fairness and social responsibility.

Fund VI offers a transparent way to ensure your pension contributions are working for you in a manner that you find ethically sound.

Growing Your Pension Ethically

The Parthian Non-Interest Fund (Fund VI) is professionally managed to achieve competitive, long-term returns while strictly adhering to non-interest finance principles.

  • Where We Invest:

Your contributions are invested in a diversified portfolio of Shari’ah-compliant assets, which may include:

  • Sukuk (Non-Interest Bonds): Investment certificates that provide returns based on underlying asset performance.
  • Shari’ah-Compliant Equities: Shares in companies that meet ethical screening criteria.
  • Ethical Real Estate Investments: Investments in property that generate rental income or capital appreciation.
  • Other Non-Interest Bearing Instruments: Such as Murabaha (cost-plus financing) or Ijarah (leasing).
  • How Returns Are Generated:
  • Returns come from the profits generated by these underlying investments, such as profit shares, rental income, and increases in asset values.
  • Our goal is to provide you with attractive, risk-adjusted returns that are fully compliant with non-interest principles.

Why Consider the Non-Interest Fund?

Diversification:

Withdraw a portion of your savings for emergencies or urgent needs (contingent withdrawal).

Ethical Growth Potential:

Contribute what you can, when you can. No fixed amounts or pressure.

Transparency and Trust:

Your contributions are professionally invested in the secure Fund V (Micro Pension Fund), designed for capital safety and steady growth.

Align with Your Values:

Invest your pension in a way that reflects your ethical or religious convictions.

Is the Non-Interest Fund Right for You?

You should consider Fund VI if:

1

You are looking for a Shari’ah-compliant pension investment option.

2

You prioritize ethical and socially responsible considerations in your financial planning.

3

You wish to diversify your pension investments with a values-based approach.

4

Deep understanding of Nigerian pension laws and cross-border implications.

5

You are an active contributor or a retiree seeking a non-interest investment for your pension funds.

Fund VI is open to all RSA holders who actively choose this option, regardless of their religious affiliation, providing an ethical alternative for everyone.

Making the Switch to Fund VI

Choosing Fund VI for your pension is a straightforward “Active Choice”:

  • Consider Your Options:
  • Review the information about Fund VI and ensure it aligns with your investment philosophy and retirement goals.
  • Make Your Request:
  • Log in to your [Link: Parthian Pensions Online Account] to initiate a fund switch.
  • Alternatively, download a Fund Transfer/Switch Form from our website or contact our Customer Support.
  • Confirmation:
  • We will process your request in line with PenCom regulations (you can typically switch funds once every 12 months). You’ll be notified once your RSA has been successfully moved to Fund VI.

Frequently Asked Questions (FAQs)

No. While Fund VI adheres to Shari'ah (non-interest) principles, it's available to any RSA holder who prefers this ethical investment style.

Returns are generated from profits on underlying assets, such as profit-sharing agreements, rental income from properties, and capital gains from ethical equities and other compliant instruments.

Investments in businesses involved with alcohol, gambling, conventional banking/insurance (that deal with interest), pork-related products, and other activities not aligned with Shari'ah principles.

The risk profile can vary depending on the mix of underlying assets (e.g., Shari'ah-compliant equities can have higher risk than Sukuk). However, Fund VI is managed to deliver competitive risk-adjusted returns within its ethical mandate. You can find more details in the Fund Factsheet.

You can view fund prices and performance through your online account and in our regular fund performance reports.

Need Help or Have Questions?

• Call our Transfer Helpline: 0700-00-72784736
• Email us: info@parthianpensions.com
• Visit any of our Branch Locations

Connect with us

Explore More of our Products and Services

Retirement Savings Account (RSA)
Voluntary Contributions
Multi-Fund Structure Explained
Cross Border Arrangements
Micro Pension Plan
Retiree Fund
Ethical/Non-Interest Fund
NSITF Funds Transfer
Defined Benefit Scheme

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1st Floor, NIJ House,
20 Adeyemo Alakija Str,
V/Island, Lagos.

0700-00-PARTHPEN

info@parthianpensions.com

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Copyright 2025 Parthian Pensions Limited. All rights reserved

Copyright 2025 Parthian Pensions Limited.
All rights reserved

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