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MuslimMoney Meal

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Is this halal mortgage worth it?

Salam Reader, Here's what we're serving this week: πŸ₯— Starter: A framework to make money decisions πŸ” Main Course: The full Servus Halal mortgage review 🍰 Dessert: A hadith on how your provision will always find you Starter πŸ₯— πŸ”— See on Instagram Main Course πŸ” Servus Halal Mortgage: The Real Numbers Are In Is the new Servus Halal mortgage the right choice for you? To find out, we need to look at real numbers. Over the past couple of weeks, I reviewed official pre-approval documents from a...

Salam Reader, Here's what we're serving this week: πŸ₯— Starter: A 50-year-long conversation πŸ” Main Course: A short article on fiat currency dodging the prohibitions of riba 🍰 Dessert: Umar ibn al-Khattab on money Starter πŸ₯— πŸ”— See on Instagram Main Course πŸ” Do dollars dodge the prohibition of riba? Muslim jurists started wrestling with that question in the 19th century. In an academic paper published last year, Sh. Yousef Wahb unpacks the entire debate. It’s rich with historical colour and...

Dr. Sami Hamud's $2 Trillion PhD

Salam Reader, Here's what we're serving this week: πŸ₯— Starter: How 'conventional finance' was enforced across the Muslim-majority world πŸ” Main Course: The story of a PhD that sparked a $2 Trillion Industry 🍰 Dessert: A hadith on the station of a trustworthy business person Starter πŸ₯— πŸ”— See on Instagram Main Course πŸ” β€œThe PhD That Birthed a $2 Trillion Islamic Finance Industry” is the first of a two‑part series. Part 2 will review Servus Credit Union’s new halal home‑financing option in Alberta....

Salam Reader, I'm experimenting with a new schedule for the MuslimMoney Meal. You can expect the newsletter in your inbox every Sunday evening, insha'Allah. I hope you find some value in this week's newsletter. If you do, please forward it and encourage others to sign-up. Here's what we're serving this week: πŸ₯— Starter: Money in Marriage πŸ” Main Course: A new Islamic Inheritence calculator 🍰 Dessert: Ibn al-Qayyim on miserliness Starter πŸ₯— πŸ”— See on Instagram Main Course πŸ” Calculating Islamic...

Salam Reader, Here's what we're serving in this week's MuslimMoney Meal: πŸ₯— Starter: A new project for DIY Muslim investors in Canada πŸ” Main Course: Get your Islamic Will done on May 25 🍰 Dessert: The Micawber Principle on Personal Finance Starter πŸ₯— A preview of a new app I'm building called "HalalFolio: Build a Halal investment portfolio." πŸ”— Join the Waitlist Main Course πŸ” Earlier this year, I launched the MuslimMoney Will Kit, a free tool to help you plan your Islamic Will. But tools are...

Salam Reader, Here's what we're serving in this week's MuslimMoney Meal: πŸ₯— Starter: When's your Zakat Anniversary? πŸ” Main Course: How do you deal with a market crash? 🍰 Dessert: Who ultimately sets prices? Starter πŸ₯— πŸ”— See on Instagram Main Course πŸ” Market drops always grab headlines. But the recent turbulence swirling around potential trade wars instigated by that guy in the White House has added a layer of political whiplash. It prompted me to organize my thoughts into "A Muslim’s Guide to a...

Salam Reader, Here's what we're serving in this week's MuslimMoney Meal: πŸ₯— Starter: the story behind the zakat threshold πŸ” Main Course: ZakatView πŸ‡¨πŸ‡¦ now supports business owners 🍰 Dessert: Saadi Shirazi on zakat and gardening Starter πŸ₯— πŸ”— See on Instagram Main Course πŸ” Since launching ZakatView last week, I’ve received a lot of helpful feedback on ways to make the tool more useful. Initially, I built ZakatView to help navigate the various scholarly opinions on zakat, with a particular focus on...

Salam Reader, We're halfway through Ramadan which means we're also halfway through Zakat season. If you're like me, you use an online zakat calculator in Ramadan to help determine how much you owe. In years past, I often found myself jumping between multiple tools, considering varying scholarly opinions, manually calculating individual portions, and eventually piecing it all together. I wanted a single calculator that simplified this entire process. So I built ZakatView πŸ‡¨πŸ‡¦ - a smart Zakat...

MuslimMoney Will Kit Image

Salam Reader, Nine months ago, I set out to help a few family members write their Islamic Wills. I thought I’d capture the process in a simple article. That’s not what happened. The more I dug in, the more I realized how much was missing from existing resources. Lawyers ensure legal compliance. Imams emphasize justice and equity. As a teacher, I wanted to focus on making the process easier to understand and implement. Wills don’t just distribute assets. They can heal riftsβ€”or deepen them....

Salam Reader, Here's what we're serving in this week's MuslimMoney Meal: πŸ₯— Starter: the best way to always be right πŸ” Main Course: money lessons school didn't teach you 🍰 Dessert: Hasan al-Basri on the key to keeping your dignity Starter πŸ₯— πŸ”— See on Instagram Main Course πŸ” Schools do teach you about money - just not the part that actually helps you manage it. I break down what’s missing in my latest article/video: "Money Lessons School Didn't Teach You" πŸ“– Read the Article 🎧 Watch the Video...