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?
Fokona Latest Questions
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.
Is it advisable to buy Bank stocks or Company stocks?
After I sign up for InvestNaija stockbroker, few days after, I got an email from coronation registrar Plc, so I was like now that I’m getting email from the stock registrar, do I still need to request for e-dividend mandate ...Read more
Although the InvestNija NIDF offers low-risk, dollar-denominated returns, how should one account for FX risk if the naira strengthens against the dollar?
We in Nigeria invest in foreign stock markets using different platforms like Bamboo and others Which ways people in foreign countries like American or Canada invest in our stock market
My experience in Forex market has shown me there’s no mercy when a particular trade indicates heavy drawdown. In most cases, ones account gets wiped out after margin call. Now in Nigerian stocks trading, what happens when a particular stock ...Read more
A Friend advise to buy some stocks of ucap ,but as a Muslim am skeptical about it being a sharia compliant stock . So I want to ask is it a sharia compliant stock?
How do I fill e-mandate form??