Key Takeaways * Most UK mortgage loan providers charge interest, which is haram in Islam; therefore there is a need for halal mortgages in the UK. * There are several Islamic or Interest-free mortgage providers in the UK, such as Primary Finance, Al Rayan Bank, Heylo Housing, Al Ahli United Bank, and
Finding halal financing for your business as a Muslim businessperson in the US or any other non-Muslim country can be difficult. Most loans involve interest payments and are, therefore, haram. A Murabaha business growth strategy in Islamic financing helps Muslims buy assets, such as buildings, equipment, plants, or raw materials.
As a Muslim, you must have pondered at some point: how is Islamic financing different from traditional financing? Have you thought of halal Islamic assets too? Islam is a complete code of life. Although it is a common notion that riba (interest) and gambling are prohibited in Islam, there is
Is my job halal or not? This is a question that a lot of Muslims find themselves asking at some point in their life. Today, we live in a complex society where many jobs are related to something that is forbidden in Islam. Living in the West, the situation gets
Are you looking to diversify your investment portfolio? Or are you a beginner investor and want to start with a few low-risk investments? Look no further! Halal equity funds and mutual funds are great investment options. Oh, you don’t know what equity & mutual funds are? Okay, let’s
Key Takeaways Gold is an effective inflation hedge—it protects the value of your money (that you have used to buy gold) against inflation. Holding on to physical gold is an effective way of partaking in halal gold investment. Investing in Shariah-compliant gold ETFs and gold mining stocks is more
A quote goes, “Always save for the rainy days.” Yeah, many people nowadays want to save but earn at the same time. So, they invest to get high returns. Day trading is a popular form of trading the financial market, which is equivalent to investing—depending on the user. It
The current "woke" generation wants to make money online - which is one of the best ways to attain financial freedom. But for Muslims, are these methods of making money halal? Today, we'll be talking about one of the several categories of trading - Options trading.
Lifestyle
Ramadan, the month of mercy is around the corner. Due to the long hours of fasting, it's advisable to consume healthy food and take proper care of your health. A good way of doing this is exploring mouth-watering Ramadan recipes for Iftar. Remember, preparing the best Iftar for
Getting an education in the UK and the USA can be expensive. Many students decide to take interest-based loans and end up paying much more than what they took. Most student loans offered by banks and credit unions are haram because they involve interest. But this is a dilemma for
Lifestyle
It's that special time of year again – Ramadan! There are plenty of enjoyable activities for children to get involved with during this holy month. Today's blog post will explore six ways for kids to have an exciting and meaningful Ramadan. From crafting projects to gatherings and
Lifestyle
Are you ready to make this Ramadan of 2023 the best one yet? Preparing for the Holy Month can be a difficult task, but it doesn't have to be! This blog post will provide you with 7 easy steps to guide your spiritual journey and prepare you for