July 25, 2024
Beginner’s Guide to Halal Investing: A Detailed Step-by-Step Approach
Step 1: Understand Islamic Principles of Finance Before you start investing, it’s important to familiarize yourself with the basic principles of Islamic finance: Prohibition of Riba (Interest): Interest-bearing investments (like conventional bonds) are not permissible. Avoidance of Haram (Prohibited) Activities: Investments should not involve sectors like alcohol, gambling, pork, or businesses involved in unethical practices. […]
June 26, 2024
Beginners Guide to Investing
Investing can be an excellent way to grow your wealth over time, but it’s essential to approach it with knowledge and caution, especially as a beginner. Here’s a beginner’s guide to investing: Set Clear Goals: Before you start investing, define your financial goals. Are you saving for retirement, a down payment on a house, […]
May 30, 2024
Importance of Exposing Children To Financial Literacy
Celebrating our dear children with love, affection and particularly gift-bearing is crucial. Yet, there is a life-long gift that we can give our children sufficient to scale the hurdles or challenges of life, which is financial literacy. Financial literacy, being an effective comprehension of investment, budgeting, and financial management, remains an economic tool that […]
April 24, 2024
NIFIAN Webinar Explores Opportunities to Leverage Non-Interest Finance to Unlock Sustainable Financing for MSMEs
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of many economies. However, they often struggle to access financing due to high interest. Hence, the Non-Interest Financial Institutions Association of Nigeria (NIFIAN) recently held its first 2024 webinar, themed “Leveraging noninterest finance to unlock sustainable financing for MSMEs”, with the bid to expose MSMEs to […]
February 8, 2024
Why Investing in Halal Real Estate is the Best- Maryam Lemu
“Investing in real estate is a great choice for couples to build strong financial income and great returns” — Maryam Lemu. In an interview with Mrs. Maryam Lemu, a Relationship Coach and Marriage Expert discussing “Investment Opportunities for Married Couples to Expand Wealth,” she emphasizes that financial literacy involves cultivating multiple income sources and […]
January 30, 2024
Unlocking the Potential: Advancing the Islamic Capital Market in Nigeria
Nigeria is large enough to accommodate opportunities, and among the growing opportunities is the Islamic capital market which the government should prioritize effectively as a saving grace to the economic downturn. In a recent interview, Tunde Ajani, a PhD researcher in Islamic Finance and Climate Financing speaks on the “opportunities that will shape Nigeria’s […]
January 29, 2024
Benefit Of Wadiah For Efficient Financial Goals
Wadiah/Target savings is a safe-keeping account that helps you save consistently towards financial goals making them easier to achieve by saving daily, weekly, or monthly. The savings amount is determined by the customer while earning competitive returns. TARGET GOALS Rent payments. Children Education. Home finance. Equity contribution. Zakat eligibility and other plans. […]
November 27, 2023
TrustArthur Leads Conversation on Leveraging Fintech to Expand Financial Inclusion in Nigeria Through Islamic Finance
TrustArthur, a non-interest asset management company, collaborates with Lotus Capital Limited to host stakeholders in the FinTech industry to a breakfast session where intellectual discussions were exchanged regarding the expansion of financial inclusion in Nigeria viz-a-viz the role of Islamic Finance and FinTech companies. The session commenced with an opening remark by the Chief […]
October 17, 2023
Ways of Financing Education in Nigeria – Debt, Grants and Subsidy
Image Credit: The Brookings Institution Education equips individuals with knowledge, skills, and competencies that are vital for economic productivity. A well-educated workforce is better positioned to access employment opportunities, increase productivity, and contribute to economic growth. Education is a powerful tool for breaking the cycle of poverty, reducing income inequality, fostering creativity, critical […]
September 25, 2023
Trust Arthur Leads Conversation on Strengthening Shariah Compliant Equities in the Nigerian Stock Market
TrustArthur, a Nigerian asset management company, hosted its first webinar under the heading “Shariah Compliant Equities: Global and Local Opportunities.” The CEO of TrustArthur, Dr. Basheer Oshodi, had the chance to speak on the topic of Shariah-compliant stocks. He contends that without the discussion of Maqasid, Islamic finance cannot be understood. This forms […]
