Category Archives: Financial Planning
Video: Is Life Insurance Halal?
Joe answers the question “Is Life Insurance Halal?” discussing: What is an insurable interest, how insurance companies are structured, and how they invest the insurance pool (i.e. the money that you pay for the policy).
Giveaway: 7 Rules for Financial Success eBook
Get my eBook “7 Rules for Financial Success” for free below. This eBook covers topics including: memorializing your values, investing in yourself, the only secret to making more money, and others. Enter your email below to access the PDF / eBook. Once you’ve confirmed your email, click the picture of the eBook cover to download […]
3 Powerful Ways to Secure Your Children’s Future (If You Die Early)
This article was originally published at ProductiveMuslim.com One of the most pressing concerns for all parents is their child’s future. Many of us live in single-family homes, have only one breadwinner in the house, relatively small savings, and limited social network to rely upon. How do we secure our families future in the face of […]
What is Estate Planning?
Estate planning is the act of planning your estate, i.e. what happens to your property after you die and who cares for your loved ones. With an estate plan, you get to say who gets what, when they get it, and who should look after the ones you care for when you are gone. Having […]
Home Financing Seminar – October 29th
What We Will Cover In This Seminar: Finance in the US. Buying a Home. Why you need a financial plan. Major purchases, investments, and debt. The home buying process. Major mistakes to avoid. Your #1 concern about home purchases. About Your Presenter: Joe Bradford is an American scholar of Islam, instructor, entrepreneur, and ethical investments […]
Do You Owe Zakat on Your 401k?
You have a good job that provides a 401k, with a good amount of money in the account. Do you owe zakat on your 401k? You need a solid answer. There are thousands of dollars per year at stake, not to mention your duties as a Muslim. The challenge of Islamic personal finance in the US I’ve […]
Isn’t Drop Shipping Haram? No, and here’s why
When discussing any business model, it’s important to drill down on the mechanics of each deal and understand how it differs compared to similar businesses and methods of selling. So what is drop shipping? Drop shipping is a supply chain management technique in which the retailer does not keep goods in stock but instead transfers […]
Seek Beautifully
Abu Umama al-Bahili narrates that the Prophet said: Indeed, the Holy Spirit has breathed into me this inspiration: Surely a soul will not die until it completes its appointed time and receives its sustenance. So be mindful of God and seek beautifully. Never should the delay of sustenance drive one of you to seek it […]
I have way too much student debt. Can I consolidate my loans?
There are a few questions that people write to me frequently about. Here are some of them: