Community Ideas The Muslim Women's Guide to Investing How often do you hear about women investing in the stock market? If you’re like most people, probably not very frequently. That’s because investing is typically seen as the domain of men, and even the words used to describe the process of investing tend to be very masculine.
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 7 Halal Ways To Beat Inflation Inflation is on the rise and is truly a global problem. Advanced economies, emerging markets, and developing economies are all seeing an increase, although for different reasons. It is important to inflation-proof your finances and investment portfolio wherever you are. A good starting point would be to figure out
Community Ideas 4 Ways to Purify Your 401(k) from Haram Earnings A note to the reader: In my last piece, I shared the importance of a 401(k) retirement account and explored the different ways you can set it up in a halal way. Below, we’re going to focus on some practical ways you can cleanse any impermissible earnings in
Community Ideas Is My 401(k) Plan Halal? A note to the reader: In this article, I will be using the term “401(k)” for the sake of simplicity. This article will also apply to you if your employer offers you a 403(b) or a 457 plan. The terms and conditions of these types of accounts are
Community Ideas 3 Lessons on Managing Your Wealth from the Legacy of Uthman ibn Affan Uthman ibn Affan – Allah be pleased with him – is one of the most prominent Companions of the Prophet (peace be upon him), and one of the few known to have been remarkably wealthy. Let’s explore some aspects of his relationship with money. The early life and trade of Uthman
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 Are NFTs Your Next Halal Investment? Investing has become THE go-to topic, dominating group chats and financial choices across the globe. Unlike the 2008 recession, we’re seeing a rise in retail investors dictating market performance. More than 15 million Americans downloaded a trading app during the pandemic - with 6 million Americans downloading a trading
Community Ideas A Muslim Couple's Guide to Achieving Financial Success You have big financial goals for yourself and your family but for some reason, they don’t seem to translate into your everyday lives. Why might you ask? I’m going to share a fundamental framework to help you achieve your shared financial goals and what has fueled my family’