Category Archives: Islamic Finance
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).
Video: Can I claim a tax deduction for paying my zakat?
Lots of people ask me year after year, “I’ve paid my Zakat, is it wrong for me to claim a tax deduction? Am I benefiting from my charity by taking a tax deduction?” In this video I answer the question “Can I claim a tax deduction for paying my zakat?” 1- How tax liabilities and […]
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 […]
A note on Cryptrocurrencies and How Islamic Law Creates Rulings
On this page you’ll find the following: Video from the Association of Muslim Accountants and Lawyers, Durban SA My article: “A note on Bitcoin and the epistemological foundations of Islamic law” Links to Investofy.com’s Stock and Cryptocurrency Trade Signal Platform AMAL workshop on Cryptocurrency , Bitcoin and Islamic Perspective -Bitcoin and How Islamic Law Creates […]
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:
Are Bulls and Bears Halal?
It seems that one of the favorite questions Muslims like to ask about anything seems to be Is it Halal? When investing, there are two types of animals that you need to be aware of. Not to eat, but to understand what these two animals represent. Inevitably we expect a comment below asking if they […]