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148 articles

Is a Living Trust Halal? Trusts, Wasiyyah and Muslim Estates in Nigeria (2026)
A living trust is halal only when it does something Islamic law already allows. A trust you keep control of is a will in disguise and must obey the one-third rule. A trust you truly give away is a gift and must be delivered. Here is how to tell them apart.

Does Jaiz Bank Give Loans? (2026): Every Jaiz Financing Product Explained
Jaiz Bank does not give cash loans. It finances cars, homes, appliances, school fees, solar and business stock through sale and lease contracts. Only EnerJaiz publishes a price: 28% to 30% a year mark-up.

Are OPay, PalmPay and Moniepoint Halal? Interest Wallets Examined (2026)
Using OPay, PalmPay or Moniepoint to send money is fine. The problem is OWealth, PalmPay's daily-interest savings and Moniepoint's savings plans. We show what each publishes and what a Muslim user should switch off.

Hilal Takaful Review (2026): Nigeria's First Takaful Window, Honestly Assessed
Hilal Takaful is the founding house of Nigerian takaful: licensed in 2010 as Cornerstone Takaful, owned by Cornerstone Insurance, registered with NAICOM as RTC 003. It publishes products and pedigree, not numbers.

Does Lotus Bank Give Loans? (2026): Every Lotus Financing Product Explained
Lotus Bank does not give cash loans at interest. It buys, builds or leases the asset for you under Murabaha, Ijarah, Istisna and partnership contracts. Every product listed, with what is published and what is quote-only.

Corporate and State Sukuk in Nigeria (2026): What Retail Investors Can Buy
Beyond FGN Sukuk, the NGX Non-Interest Finance Board lists TAJBank, Family Homes Funds and Lagos State sukuk. What each is, what it pays, how a retail investor buys it, and where the risks differ from sovereign paper.

Islamic Inheritance Calculator for Nigeria (2026): Mirath Shares in Naira
The Quranic shares, the blocking rules and the one-third limit on bequests, applied to four Nigerian estates in naira: sons and a daughter, a childless couple, a polygamous household and daughters only.

LOTUSHAL15 Review (2026): Buying the Lotus Halal Equity ETF on the NGX
The Lotus Halal Equity ETF tracks the NGX Lotus Islamic Index, charges 0.60% a year and trades as LOTUSHAL15. We cover the 13 holdings, NAV against market price, purification, how to buy and the alternatives.

ARM Sharia Fixed Income Fund Review (2026): Plus the Halal Balanced Fund
ARM runs two Shariah funds: the Sharia-Compliant Fixed Income Fund (N10,000 minimum, 1.5% fee, 90-day lock-in, 17.17% in 2025) and the N17bn Halal Balanced Fund. Holdings, costs and the ARM Money Market Fund problem.