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in nigeria, the moment you clock 30, your chance at making it career-wise drops to 5%. you're excluded from virtually all graduate trainee programs, so no more entry roles.

Is Forex Halal? AAOIFI Standard 1 Explained in Plain English 👇

Starting a Career in Islamic Finance

Fintech! Fintech!! Fintech!!! You've probably heard this word a thousand times, but I bet you've never really internalized the meaning. In this brief overview, we highlighted what fintech is all about and why it is very important especially in this part of the world. Watch, like and share...

About a year ago, I started educating people about Islamic finance. This morning, I looked back at all the articles I've written, and for a moment, I was genuinely surprised. Wait, you mean I wrote all these? 😂 Somehow, what started with a few articles has grown into something I couldn't have imagined when starting out. Guys, never underestimate the power of consistency! Whatever Allaah doesn't want you to know, He'll not allow you to be consistent on it because if He had allowed you, He would've rewarded your effort and you would've achieved it. So, whatever you're trying to learn or achieve, don't just ask Allaah for knowledge. Ask Him for focus, discipline, dedication, and the ability to remain consistent. And please, stop thinking it's too late to start! Whether you begin learning that skill today or postpone it for another year, time will pass anyway. The difference is that one year from now, you could either be celebrating how far you've come or regretting why you never started. The longer you delay, the harder it often becomes to begin. Start small, stay consistent and seek Allaah's help. May Allaah grant us beneficial knowledge, consistency, and put barakah in our efforts.

Gold hit an all-time high in January 2026. By November it had fallen by about a quarter 📉 So here's the question: if your savings stay the same but the price of gold moves, should your Zakāh obligation come and go with it? 🤔

This is what Qistal has for you! 👇

One common problem in this part of the world is how easily we undervalue professional expertise when it involves Islamic knowledge. You will comfortably pay a lawyer to review your agreement, an accountant to examine your records, and a consultant to advise your business. But when you approach an Islamic finance professional, it suddenly becomes “Shaykh, please I want to ask one question.” Meanwhile, that one question may require reviewing your contracts, analysing your business model, identifying Shariah risks, and recommending alternative structures. Why should the Shariah expert be the only professional expected to work for free? There's a difference between educating people about Islamic finance and providing personalised professional consultation. When someone regularly produces educational content, explains financial transactions, and answers general questions online, that's already a valuable contribution to society. But when you approach that person to structure your investment, review your business, or develop a Shariah-compliant financial product, you're requesting a professional service. They have invested years and substantial resources in acquiring knowledge, certifications, training, and practical experience. Their expertise deserves compensation just like that of other professionals. Of course, there's nothing wrong with offering free consultations, especially to those who genuinely cannot afford them. But generosity should never become an entitlement. We cannot keep complaining about the underdevelopment of Islamic finance in Nigeria while refusing to value the professionals needed to build the industry. If you can afford to pay your lawyer, accountant, and business consultant, you should also budget for Shariah advisory services. Islam encourages generosity, but it also recognises the value of people's time, labour, and expertise. PS: Please before you slide into my DM, I charge 50k for consultation and that's to listen to you and guide you or answer questions relating to your investment or business. Then if you want me to do it for you or come up with solution, that's another discussion. Thank you.

Who actually owns the money contributed to a Takaful scheme, and how does the operator make money? 🤔 The answers lie in the contractual relationships between the shareholders/operators, contributors, and the Takaful pool. In this snippet, we highlighted four models through which Takaful operators and contributors relate, and what makes each model different. Watch, learn, and share!

Every now and then, I receive messages from people seeking guidance on how to become professionals in Islamic finance. Unfortunately, I don't always find the time to type lengthy responses, and many messages end up unanswered. I sincerely apologise for this. So, I thought it would be helpful to put together this brief guide for everyone interested in building a career in the industry. qistal.com/learn/how-to-buil…

4. Understand the Conventional Financial System This is also very important! You cannot effectively understand Islamic finance in isolation from the broader financial industry. Learn the fundamentals of banking, accounting, investments, insurance, capital markets, risk management and financial regulation. Understanding conventional insurance for instance will help you appreciate the operational and contractual distinctions between insurance and Takaful. Similarly, knowing about conventional bonds will make you appreciate the structures, risks and Shariah considerations surrounding Sukuk. Your existing background in accounting, economics, law, finance or business administration can be a significant advantage in this regard. 5. Get Practical Experience Even if You Have to Start Small Don't wait until you have acquired five certifications before seeking opportunities. Apply for internships, graduate trainee programmes and entry-level positions in Islamic banks, Takaful companies, investment firms, Islamic fintech companies and Shariah advisory institutions. Attend industry conferences, participate in research, study actual product documentation and connect with experienced professionals. You can also begin by analysing Islamic financial products, reading Shariah standards and following regulatory developments. The goal is to move from knowing what Islamic finance is to understanding how Islamic finance actually works. Build a broad foundation first, then develop deeper expertise in your chosen area. Final Advice Don't be in a hurry to become an Islamic finance expert. Read extensively, learn from competent scholars and industry practitioners, study real transactions, ask intelligent questions and remain consistent. May Allah grant us beneficial knowledge, bless our efforts and make us a means of promoting halal financial practices in this Riba-driven society.

The difference between Life and General takaful, and their capital requirements

The Wait Is Over. Qistal Is Now in Your Hands! 🤗 Your journey towards ethical wealth-building just got easier! At Qistal, we believe that growing your wealth should never come at the expense of your values. Whether you're just starting your investment journey or looking to make more informed, Shariah-conscious financial decisions, Qistal is here for you. Download Qistal today and take the next step towards a more ethical financial future. Playstore: play.google.com/store/apps/d… Applestore: apps.apple.com/app/qistal/id… Your Wealth. Your Values. One App.

Seven pension fund categories but only one is Shariah-compliant! 🤔 In this snippet, we explain briefly what each account is all about, how to switch to the ethical fund and why Muslims no longer have the excuse of leaving their funds in prohibited accounts. Your retirement savings shouldn't compromise your faith! Watch, learn and share 🙏

On Sunday, I was honoured to be in the company of many respected brothers and sisters, scholars, and students of knowledge at the Business The Way Allaah Wants It Initiative. Initiatives like #BTWAWI deserve our collective support and encouragement. At a time when Muslims are navigating increasingly complex business and financial transactions in a Riba-driven economy, we need more platforms that bridge the gap between Islamic knowledge and everyday commercial realities. May Allaah bless this initiative, grant it continuity, expand its reach, and make it a lasting means of spreading beneficial knowledge and promoting ethical, Shariah-compliant business practices.

Use Qistal (qistal.com) to Screen your stocks for Shariah compliance. You no longer have the excuse of holding or investing in non-permissible stocks. Remember you'll be asked how you make your money and what you spend it on.

🎙️ EPISODE 3 IS HERE! Did you know that Islamic finance goes far beyond Islamic banking, and that Islamic banks go beyond financing? In this Episode, we explored 4 of the 10 major sectors under Islamic finance: ✅ Cooperatives ✅ Microfinance ✅ Islamic Banking Services ✅ Islamic Capital Market But we didn't stop at just introducing these sectors! We also discussed: 👉🏼 Why Islamic cooperatives are essential for financial inclusion in our communities. 👉🏼 Banking services beyond financing, including currency exchange, safe deposits, remittances, payroll services, and more. 👉🏼 The regulators overseeing these sectors, their capital requirements, and other important industry insights. There's so much to learn about the opportunities Islamic finance offers, especially here in Nigeria! Link: youtu.be/OWHE65VZykM?si=RscF… Watch, share with others, and subscribe to our channel. By that, you help in making Islamic financial knowledge accessible to our community. We appreciate your continued support! 🙏

Àjọ and cooperatives exist till today because they address a critical need which is financial inclusion. For many low-income earners living on meagre salaries, these schemes are financial lifelines. Rather than dissuade people from participating in a system that serves and fulfill their genuine need, we should educate and encourage them on how to operate it in a Shariah-compliant manner. Episode 3 of Islamic Finance in Yorùbá drops tomorrow! Stay tuned. There's a lot to learn!