Investor Presentaiton

• Why Islamic Finance in Nigeria? Nigeria has the largest population in Africa with estimated figure of 140m At least 50% (70m) of the total population in Nigeria are Muslims. Compare this with the Muslim populations of the UK (2m), the US (6- 10m) and South Africa (1.5m). Surveys show that 30% of Muslims desire Shari'ah compliant financial products and another 50-60% will use them if they are price competitive (representing between 21-60 million people) The West African region and specifically Nigeria represents an exciting growth market that should not be ignored. Lotus Capital ETHICAL INVESTMENTS 7

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