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Salam Reader, I'm in Toronto for RIS this weekend. For a while now, I've been asking Muslims a simple question: Did the Muslim community help you learn about money? Over 95% of the people I've spoken to say no. 95%! When I dig deeper, the story is almost always the same: the money conversations we do have in our communities focus on the what. Give charity. Stay away from riba. Both true, both important. But we rarely get into the how. How do we find financial clarity as Muslims? How do we...
Salam Reader, Here's what we're serving this week: π₯ Starter: Why running finances on assumptions is a bad idea π Main Course: Black Friday, Cyber Monday and "anchoring" π° Dessert: Half of livelihood, half of wisdome, and half of knowledge Starter π₯ π See the full post on Instagram Main Course π A couple weeks ago, I wrote about Khalil, a brother making $70,000 who logs into his bank and has no idea what he can actually afford. Every dollar in his account feels simultaneously spendable and...
Salam Reader, Here's what we're serving this week: π₯ Starter: How to respond to a turbulent stock market π Main Course: Khalil's one-account problem π° Dessert: Did the Prophet ο·Ί save? Starter π₯ π See the full post on Instagram Main Course π Every month, $4,200 hits Khalilβs chequing account. And every month, rent comes out, as does groceries, gas, and his gym membership. He pays for occasional dinners with friends and whatever else comes up. Whenever heβs prompted to check how heβs doing, he...