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.
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 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 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?
These companies don’t sell alcohol or pork, but they are huge. Does that automatically make them Halal?
I’m scared of the stock market. Is just buying and holding Gold a safe and Halal way to grow my wealth?
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Most Nigerians save money… but don’t invest. Saving keeps your money safe. Investing makes your money grow. If you leave ₦100k in your account, it stays ₦100k But if you invest it, it can become more. That’s the difference. Welcome to the ...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?
Do I get to fill an e-dividend form to receive my dividends even when am using bamboo app?
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