Devin Halim Wijaya

Master student in IIUM (Institute of islamic Banking and Finance) | Noor-Ummatic Scholarship Awardee
  • Islamic EconomicsWhat to Do When Receiving a Pay Rise: How to Use it to Reach Financial Freedom

    What to Do When Receiving a Pay Rise: How to Use it to Reach Financial Freedom

    Receiving a pay rise marks a financial milestone of an employee’s life. However, a pay rise can also come with it’s own financial challenge and problem.Sometimes it’s very tempting to spend the additional money down the drain by celebrating, rising the lifestyle standard, or even get into debt. At the other side, this pay rise can also being used to…

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  • BlogReferral and Its Guideline in Islamic Law

    Referral and Its Guideline in Islamic Law

    In recent business landscape, referrals emerge as a popular marketing approach to acquire new customers while getting salesforce from existing customers and other people. While referrals provide a really good marketing leverage for businesses and represents a new way to have additional income for people, their application must adhere to the ethical and legal guidelines of Islamic law (Shariah). This…

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  • Crowdfunding SyariahWhy Crowdfunding is a Good Investment for Beginners

    Why Crowdfunding is a Good Investment for Beginners

    Investing is becoming an increasingly popular talking points in recent times, especially with increasing financial literations amongst people. However, for beginners, the world of investing can often seem intimidating and very risky. One of alternative solutions to overcome these challenges is crowdfunding. Crowdfunding offers easiness, practicality, and attractive return as value propositions on it’s investment making it an ideal investment option…

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  • BusinessHow to Apply Cut Loss in Investment

    How to Apply Cut Loss in Investment

    In the world of investment, the risk of loss is something that haunts at all times. Therefore, strategies to manage those risks are always needed by every investor. One of the methods often used is cut loss. This strategy means selling an asset when its value drops to a certain level determined by the investor to minimize losses. This article…

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  • BlogWhat are Potential Side Hustles for College Students?

    What are Potential Side Hustles for College Students?

    Commonly college students look for ways to supplement their income without sacrificing their academic performance. There are several reasons for doing this including covering living expenses tuition costs or simply saving money. Establishing a flexible side business is the best way to continue pursuing a college degree while developing entrepreneurial skills. Some possible side gigs that are especially appropriate for…

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  • Islamic EconomicsSilver Investment: An Alternative to Gold

    Silver Investment: An Alternative to Gold

    A common tactic to protect wealth from inflation and unstable economic conditions is to invest in precious metals. Although gold is frequently highlighted as the most desirable precious metal for investments silver is becoming a very attractive and unique substitute. Silver presents investors with intriguing prospects due to its low cost and rising industrial demand which reflects its inherent value.…

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  • Islamic EconomicsThe Urgency of Owning Cash-Generating Assets According to Robert Kiyosaki

    The Urgency of Owning Cash-Generating Assets According to Robert Kiyosaki

    Robert Kiyosaki, a billionaire and author of Rich Dad Poor Dad and a billionaire, frequently talks about the importance of working for assets rather than money. Assets that produce cash flow and increase in value can help people become financially independent and break free from reliance on their jobs in Kiyosaki views. This article will examine Kiyosaki’s definition of assets…

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  • BusinessDifferences Between Bitcoin and Altcoins

    Differences Between Bitcoin and Altcoins

    Cryptocurrencies have emerged as one of the most exciting investment opportunities in the past decade. Among thousands of digital currencies, Bitcoin remains the primary choice for many, but altcoins—alternatives to Bitcoin—also offer unique innovations and opportunities. To make informed investment decisions, it is essential to understand the fundamental differences between Bitcoin and altcoins. History and Origins Bitcoin was introduced in…

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  • BusinessHow to Use Average Down as an Investment Strategy

    How to Use Average Down as an Investment Strategy

    Average down is an investment strategy where investors purchase additional units of an asset after its price declines. The goal is to lower the average purchase price, making it easier to break even as prices recover. This strategy is often favored by long-term investors who are confident in the future prospects of their holdings. However, implementing this approach requires careful…

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  • BusinessTrading Volume: How to Use It in Stock Analysis

    Trading Volume: How to Use It in Stock Analysis

    Trading volume is one of the key indicators in stock market analysis. For investors and traders, understanding the role of trading volume can help in making more informed investment decisions. This article explains what trading volume is, why it is important in stock price analysis, and how to incorporate it into your investment strategy. What Is Trading Volume? Trading volume…

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