Community Ideas Riba: What It Is, and How to Avoid it The Islamic Golden Age saw the Muslim civilization flourish with significant advancements made in areas such as science and the arts. This was all underpinned by Islamic economic ideals, which didn’t allow the use of riba. Riba (interest) is strictly forbidden in Islam and has many evils. Fast forward
Community Ideas How to Save and Invest Your Way to Hajj The sacred month of Dhul Hijjah is almost upon us. It includes the ten best days of the year, the day of Arafah, and of course, Hajj. Hajj is an experience that Muslims long to perform. However, for many of us, Hajj costs are becoming more prohibitive each year. Now
Community Ideas The Complete Guide to Building Your Own Halal Index Fund Inflation is here and has already eroded the purchasing power of your money. The price of many essential goods and services has increased, straining the pursestrings of households everywhere. In times like these, preserving the value of your money is paramount. A tried and tested strategy is investing your money
Community Ideas 5 Halal Investment Strategies That Work (And How to Pick the Right One for You) Most of us invest decades into our education to find a career from which we can make an income. From early schooling to university or apprenticeship programs, we spend a lot of time and often a lot of money. Yet, once we settle into our careers and obtain a regular
Community Ideas A Muslim's Guide to Becoming Financially Independent and Retiring Early (FIRE) How do you spend your time? For most of us, this usually involves some combination of sleep, work, sustenance, education, prayer, exercise, and leisure. Balancing all of these activities is one of life’s great struggles. Work is perhaps the area we have the least control over, as the majority
Community Ideas 3 Investing Lessons from a Wall Street Legend Millions of people started investing for the first time in 2020, and for many of them, it was excellent timing. The market saw tremendous gains as companies bounced back from the pandemic-induced crash in March 2020. To illustrate this, the S&P 500 index, which is widely used as