Ramadan is a special time for Muslims to renew and augment their commitment to faith, family, and community. This can also be an opportunity to adjust and improve the general trajectory of our daily lives, including the development of financial habits more attuned to Islamic ideals.

A Waqf is a perpetuating charity that may benefit the one who bequeaths it even after death! A waqf is a voluntary, permanent, irrevocable dedication – in cash or kind – to Allah. Once a waqf, it never gets gifted, inherited, or sold. It belongs to Allah and the corpus of the waqf always remains intact. As a special form of charity waqf has many unique characteristics and benefits.

Whether you are new to budgeting or have been budgeting for a while; there are always small changes you can make to improve your budget. Here are a few tips you can use to improve your budget.

As we witness many of the pilgrims returning home, the flame of desire to experience the spirituality and human togetherness of Haj is rekindled. We crave expressing our servitude to our Creator. However, for many, the reality is that Haj is outside of our budget. Here are a few steps we can use to alter our budget in order to eventually afford to go on Haj.

Having a budget is a great way to stay on top of your spending and develop good money habits. However, you may not know which budget is best for you. These are a few broad budgeting types you may use.

Consumers are in an extremely vulnerable position. The effects of poverty and unemployment is aggravated by rising food and fuel prices. While much of the financial stress is caused by external factors out of our control, occasionally, they may be aggravated by poor money practices such as not having a budget.

There are many avenues we use to increase our wealth. Some look for jobs, others start businesses, invest or even marry rich! All of these are material methods of increasing wealth, however, as Muslims we also recognise that Allah is The Provider and ultimately all wealth is from Him. Therefore, as Muslims, we shouldn’t forget the many spiritual avenues that increase our wealth.

Sotheby's Metaverse tweeted on 26 October 2021 that BAYC #8817, a sleepy, bored looking ape wearing a spinner hat with a party horn sold for $ 3,4 million. Welcome to the world of NFTs! While these are undeniably astonishingly high sums of money paid for easily accessible digital artwork, it is by no means the most expensive. So, what precisely is an NFT and does it have any practical application beyond the hype?

Fiat money and crypto assets are controlled in vastly different ways. Governments around the world have chosen to respond in different ways to crypto assets as they have the potential to develop an alternate financial, or even monetary system.

Blockchain is often associated with cryptocurrencies such as Bitcoin, however, it has many more use cases. It can be used to facilitate payment processing, supply chain traceability and record keeping.

We have online and mobile applications which can easily be used to automatically calculate zakah. More innovative ways will probably be developed to simplify the process of zakah calculation. What are some of these modern zakah innovations?

Zakah, sadaqatul-fitr and barakatjies. These are some of the many words which are thrown around, especially during the month of Ramadan. What exactly do they mean?

Giving from our wealth is an innate part of our paradigm as Muslims, a well-known act of virtue and has numerous benefits in this world and the next. Acts of devotion and service often have subtleties that aren’t always obvious. These subtle methodologies often have far reaching implications. Charity is no exception.

A sukuk is often referred to as an “Islamic Bond”, however, there are significant differences between the two. The first in a series of articles where we take a look at the concept and development of sukuk

What is passive and active investments and how does it impact calculation of zakah

Three ways Muslims can neutralize the negative impact of inflation

Three important things every Muslim should consider planning for

Why the price of petrol at the pump is double the cost