Goal-setting might seem like a dreaded chore, but not having goals is like driving with no destination in mind. Goals provide direction in life. When it comes to setting goals, it’s important to be as specific as possible. Vague goals, such as “I want to get in shape,” are not likely to materialize. On the… Continue reading Got Goals?
It’s a fair question. To me, it boils down to two things: Staying healthy can help one be more productive in his/her work, with the energy to keep going and the mental sharpness to come up with ideas/solutions. Having good health allows one to enjoy his/her wealth and all of life’s activities. If you happen to… Continue reading What’s Health Got To Do With Wealth?
I’m excited to announce that I just launched a series of bite-sized eBooks. Currently there are three books available: The Stock Market Made Simple: This is the perfect primer for anyone who wants to learn the basics of the stock market and how to get started, not to mention how to analyze stocks and identify… Continue reading Muslim Investor – eBook Series Launched
In Islam, we believe the charity does not decrease one’s wealth. We also believe that it’s our duty to help our fellow human beings out of the blessings God has bestowed on us. Prophet Muhammad (peace be upon him) stated: “Charity does not in any way decrease the wealth and the servant who forgives, Allah… Continue reading Charity Does Not Decrease Wealth
Muslims should strive to have earnings that are pure. This means that the money one earns comes from halal sources, without gambling, and without cheating or scamming anyone. Money can’t be earned by working for, or running, a company that provides a forbidden product or service. This would include, for example, alcohol, pornography, and pork,… Continue reading Halal vs. Haram Investment Choices
Conventional bonds include corporate bonds sold by corporations and Treasury bonds sold by the government. These are considered debt investments. Basically, the investor is making a loan to a corporation or the government. The investor will receive a principal payment after the bond matures, or expires, but will also receive regular interest payments during the… Continue reading Conventional Bonds vs. Islamic Bonds (Sukuk)