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April 22, 2025

Ansarul Islam Women Hold First National Conference in Lagos, Highlight Motherhood’s Role in Nation-Building

The Ansarul Islam Society of Nigeria recently held the inaugural National Conference of its Women’s Wing in Lagos, themed “Motherhood: The Backbone of a Nation’s Success.” The landmark event brought together prominent figures, including government officials, banking executives, and respected Muslim scholars.   In her keynote address, Alhaja Silifat Febisola Aremu, Amirah of the Lagos […]

April 7, 2025

Nigeria Set to Issue 7th Sovereign Sukuk

The Federal Government of Nigeria is set to issue the Series VII Sovereign Sukuk, continuing its commitment to infrastructure development through Islamic finance.   Having completed six previous issuances, the government has raised N1.092 trillion, which has been instrumental in funding the construction and renovation of roads and bridges across all 36 states and the […]

March 27, 2025

Preparing for Eid: A Spiritual and Practical Guide

As Ramadan comes to an end, the excitement for Eid al-Fitr begins! However, while we prepare for the celebrations, it’s important to ensure that our spiritual progress from Ramadan doesn’t fade away. Here’s how to transition smoothly from fasting to festivity while keeping the spirit of Ramadan alive.   Seek Laylat al-Qadr Until the End […]

January 7, 2025

Promoting Halal Investing – A Better Future for All

Halal investing refers to financial practices that align with Islamic values, focusing on ethical, transparent, and socially responsible investments. It excludes industries like alcohol, gambling, and unethical business practices, and encourages investments that contribute positively to society and the environment.   By supporting industries such as renewable energy, healthcare, and education, Halal investing promotes a […]

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. […]

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 […]

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 […]