Nuqi Blox is a pioneering platform that democratizes Sukuk ownership. By offering fractional ownership, it makes this asset class accessible to a wider range of investors. With a minimum investment of just USD1000, individuals can diversify their portfolios and benefit from the unique characteristics of Sukuk.
Fractional Sukuk essentially means buying a small, nominal quantity of the underlying Sukuk rather than the standard market minimum of USD 200,000. So investors can buy multiple fractions of USD 1,000 each.
The minimum amount you can start investing with is $1000.
Nuqi Blox offers a unique approach to Sukuk investing by directly connecting investors with a diversified pool of Sukuk instruments. Instead of dealing with individual Sukuk, we create fractional ownership units, or “Blox,” which provide investors with access to a broader range of Sukuk at competitive prices. By eliminating intermediaries, we can offer faster settlement times, allowing investors to execute trades instantaneously rather than waiting for the standard settlement period of T+2 or T+3.
i.Competitive Price
ii. Fractional Ownership
iii. No Middle man
iv. Diversification
v. Instant settlement
Nuqi Blox gives you instant credit for any profits, principal payments, or other income from your Sukuk investments. This means you’ll always know exactly how much you’ve earned.
▪ Charges and Fees :
▪ Nuqi Blox :
• Transaction Fee – 0.50% per Buy/ Sell
• Annual Custody Fee – 0.30% per annum of Invested AUM
▪ Nuqi Blox XL:
• Transaction Fee – 0.25% per Buy/ Sell
• Annual Custody Fee – 0.30% per annum of Invested AUM
Funding your account can be done in several ways, depending on the type of account and the institution you’re using. Here are the methods you can fund your account with us:
Wire Transfer: This method allows you to transfer money from your bank to your account with Nuqi (which means you transfer to a provided account and we will show the transferred amount to your app account with us), often used for larger amounts.
Debit Card / Credit Card Coming soon
Note: We do not accept deposits from third parties (i.e. your deposits must be made by you, through a payment method that is owned and controlled by you, belongs to you, and is in your name).
When you send money to Nuqi Global Ltd, a broker-dealer regulated by the Financial Services Commission (FSC) of Mauritius, your funds are secured through several mechanisms:
Regulatory Oversight: The FSC ensures that broker-dealers comply with strict regulatory standards, which include maintaining adequate capital reserves and adhering to best practices in financial management.
Segregation of Funds: Regulated brokers are typically required to keep client funds separate from their own operational funds. This means your money is held in a separate account, reducing the risk of it being used for the broker’s business expenses.
Transparency and Reporting: FSC-regulated brokers must provide regular reports on their financial health and operations, ensuring transparency and accountability.
These measures collectively help protect your funds and ensure that Nuqi Global Ltd operates in a safe and sound manner. If you have any specific concerns or need more detailed information, feel free to ask!
Step 1:- Login to Nuqi Blox App
Step 2:- Go to wallet
Step 3 :- Click on the Withdrawal Tab
Step 4:- Select withdraw to bank account
Step 5 :- Verify the existing bank details as provided during account verification process
Step 6:- Enter the amount to be withdrawn and submit the request
The payments team will verify your bank details and process the fund in 24 to 48 hrs days.
Note: Bank processing might differ depending the country and region of withdrawal
Nuqi Blox as a service is being operated by Nuqi Global Ltd (a FSC regulated entity – Category 1 Global Business License)
Nuqi Blox is an innovative platform that democratizes ownership in the Sukuk world. By offering fractional ownership, we empower investors to participate and benefit from this asset class.
There are only two fees associated with Sukuk transactions:
– Transaction fees: 0.5% per buy/sell transaction
– Custody fees: 0.3%PA AUM based. As an introductory offer Nuqi Blox will not be charging any fees for the 1st year.