As Muslims continue to grow, as a percentage of the population in the United States, it is only expected that like-minded business and commercial enterprises will multiply to accommodate this expanding market. A primary example of this phenomenon is in the real estate finance sector. Since Halal practices are important
Key Takeaways An ETF also known as Exchange Traded Fund is a combination of financial securities that is like a stock and is traded on a stock exchange. ETFs can be halal or haram. Investing in a certified Shariah-compliant ETF is the safest way to invest if you are a
Key Takeaways: * Cryptocurrency is digital money that is not controlled by any central authority. * Some Islamic scholars deem cryptocurrencies such as Bitcoin to be halal. While others deem it haram because of speculation and its decentralized nature. * Fatwas by Islamic scholars might change in the future regarding cryptocurrencies depending on
According to the American Journal of Islamic finance, more than 420,000 Muslim families in the USA don’t own a home; a relatively higher percentage than their non-Muslim peers. Islamic finance can bridge the gap between financing needs and homeownership. Various Islamic financing products can be used for halal
To live life as a Muslim in the United States means to pursue the American Dream of home ownership while adhering to the ancient and comprehensive tenets of Islam. The two goals are not mutually exclusive, though they are sometimes challenging to balance. Yet meeting such challenges builds personal character
Islamic finance
Zakat is one of the five pillars of Islam. Paying Zakat is a must if you are Sahib-un-nisaab. If you are contributing to a 401(k) account, and have accumulated the Nisaab, here is what you need to know about Zakat on 401(k) accounts. Different scholars have different views
![How to calculate Zakat? [simple guide with examples]](https://storage.ghost.io/c/80/52/805295de-4494-494d-9e7d-abaed6734046/content/images/size/w600/2025/04/hw-blog-images-8-1.png)
What is Zakat? The word Zakat has two meanings: purification, and growth and increase. In the light of the Quran and Sunnah, Zakat refers to a portion of a Muslim’s assets that must be spent according to the guidance in the Quran. Zakat is one of the five pillars
Halal Investing
What is considered a halal stock? In short, a stock that is listed on the stock exchange is termed Halal when it meets the Shariah screening criteria derived from the Holy Quran and Sunnah. This article will introduce you to Shariah stock screening including a step-by-step guide explaining in detail
Islamic finance
The world of finance can be daunting even to those who are in the finance space. It is no surprise that Islamic finance isn’t any easier. We got you covered with the top 10 Islamic finance terms every Muslim should know in 2022. Utilizing Islamic financial practices is an