InvestNaija walkthrough — funding and buying halal-listed stocks (Nigeria)

Educational only. You must screen tickers, read fee schedules, and confirm product terms. Stock halal status changes — cross-check with something like the Nigeria halal stock tracker snapshot and fresh financials.

What is InvestNaija?

InvestNaija is a Nigerian brokerage app for buying and selling NGX-listed stocks from your phone.

Compared with Lotus Capital or One17 Capital (more mutual-fund / portfolio style), InvestNaija is direct single-stock access — which means more responsibility on you to pick and screen names.

Links

• investnaija.com
• Android (Play Store search)
• iOS App Store

1. Download and sign up (KYC)

1. Install the app from the stores above.
2. Complete KYC — typically BVN, bank account, NIN, address, next of kin, CSCS number (needed for NGX settlement), security questions, and a risk questionnaire.

CSCS = Central Securities Clearing System — standard for Nigerian equities.

3. After approval you should see the main tabs such as Home, LearnIN, SaveIN, InvestIN, Profile.

2. Fund your trading account

1. Open InvestIN.

You should see cards similar to NGN trading balance, View portfolio, and Explore securities.

2. Tap View portfolio on the first card.
3. Tap Fund account.

4. Enter an amount (example: ₦2,000).

5. Choose Paystack → Other payment methods as the flow allows.

6. Select Pay via transfer when offered.

You should see bank name, virtual account number, and amount.

7. After you send the transfer, tap I’ve sent the money (or the equivalent confirmation).

When it clears, your NGN trading balance should update.

3. Buy a stock (example flow)

The notes I wrote used Dangote Sugar only as a UI example. In the Nigeria halal stock tracker snapshot, that name failed a common debt screen — use this section to learn where the buttons are, not as a recommendation to buy any specific ticker.

1. From InvestIN, move to the portfolio card (often the second card in the row).

2. Tap View portfolio → Start investing.

3. Browse the issuer list.

4. Tap a company to open its quote screen.

5. Inspect chart range if useful.

6. Tap Buy when you are ready.

7. Choose order type (market vs limit) and time-in-force (e.g. good-for-day / good-till-cancelled).

8. Enter units (example: 20).

9. Review estimated total and fees.

Brokerage and exchange fees are not riba in the usual sense — they are service and regulatory costs. Still read the breakdown so you know what you pay.

10. Submit Buy stock. On success you should see Executed (or similar) and receive confirmations / contract notes.

Example numbers (illustrative trade)

Item	Value
Price / unit	₦58.40
Units	20
Subtotal	₦1,168
Platform + NGX fees	₦27.83
Total	₦1,312.63

Common questions

Q: Are InvestNaija fees riba?
A: They are operational and market charges, not “guaranteed return on a loan” riba — but read the line items.

Q: Are all stocks halal?
A: No. You must screen business lines and financial ratios (debt, impure income, etc.).

Names worth researching (not recommendations)

Company	Why people look at it
Jaiz Bank	Islamic bank — still verify ratios and reports
Legend Internet	ISP — tracker had it as “preliminary” pending full ratios
Airtel Africa	Often screened clean in simplified sheets

Always reconcile with fresh annual reports and your own scholar / advisor framework.

Selling

Open the position you already hold — you should see Sell and Buy more instead of only Buy. You can sell at market or set a limit minimum price.

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Screenshots follow each step so you can compare with what you see on your phone. Menus and labels can change when the app updates — if something no longer matches, use the written order of steps as the main guide.

More in this series: Overview · Stock tracker