My job wants me to sign up for insurance, but I’m worried about the way the money is invested.
Fokona Latest Questions
They said they will lend me money to buy more shares so I can make more profit. Should I take the deal?
I heard that a company is only Halal if its debt is under 33%. Where did this number come from?
I want to get into property, but houses are too expensive. Are there Halal ways to start small?
I’m scared of the stock market. Is just buying and holding Gold a safe and Halal way to grow my wealth?
These companies don’t sell alcohol or pork, but they are huge. Does that automatically make them Halal?
I have a savings account that pays me a small amount of interest every month. Is it okay to keep my money there if I don’t use the interest?
I keep seeing “Sukuk” mentioned in Nigerian finance news. Is it just a fancy name for a loan, or is it actually different from a normal interest-paying bond?
I found a great company that is Shariah-compliant, but their report shows they earned a small amount of interest from their bank account. Does this make my whole investment haram now? Do I have to sell everything?
I want to buy shares in companies like MTN or Dangote, but I’m worried about the yearly payments (Dividends). Is a dividend the same thing as the interest a bank gives you? I want to avoid Riba at all costs.