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Islamic Finance 101 - Ndovu

Islamic Finance 101 with Ndovu

Islamic FinanceMany books, articles, and research papers have explained Islamic finance. Society still knows very little about it. Some of the reasons cited for minimal awareness and understanding of Islamic finance include high illiteracy levels and lack of access to the available literature on it.… Read More »Islamic Finance 101 with Ndovu

What is a bond

What is a bond?

A bond is an IOU.
When you buy a bond, you are loaning money to a borrower (in finance terminology, the borrower is called an ‘issuer’) for a defined period of time.

Difference between a trader and an investor

Difference between a Trader & an Investor.

To put it simply, trading is a skill of perfectly timing the market whereas investing is the art of wealth creation through compounding and reinvesting profits in interest and dividends over years by holding quality assets in the market. Traders’ main focus is usually on the price movement of stocks in the market. If the price of an asset significantly goes higher than how it was when it was bought, traders take this opportunity to sell the stock and gain a profit.