Islamic Economics
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Pay Yourself First: The Urgency of Saving Before Spending
One idea that is particularly powerful and straightforward in the field of personal finance is “pay yourself first”. This strategy promotes putting money aside for savings as soon as you receive your paycheck—before you spend a dime. You save first and then live off of whats left over after expenses. It reverses the traditional budgeting approach and puts your financial…
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The Importance of Avoiding Consumer Debt
Consumer temptation is pervasive in todays world coming from social media advertisements, simple payment plans and a culture that values instant satisfaction. A lot of people have spending habits where their wants take precedence over their needs. One significant effect is the increase in consumer debt which is debt incurred to purchase goods or services that dont add value over…
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Hard Work and It’s Importance in Islam
In Islam, working hard is a spiritual obligation and a form of worship not just a practical necessity. Islam considers work to be a vital part of a believers life demonstrating self-worth accountability and a sincere attempt to pursue the pleasure of Allah ﷻ. If a Muslim is able to work they are encouraged to do so instead of depending…
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Building a Business: Don’t Confuse Test with Failure
Have you ever heard this phrase? “Maybe this is a test from God…” It usually comes up when a business is losing money, a project is failing, or a business is struggling. This statement isn’t wrong . But… if it’s used as a shield to avoid evaluation and improvement, it becomes a problem. We might end up covering our own…
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Sharia Business Facing Losses? Don’t Blame the Path!
“I’ve migrated, it’s already halal, but why is my business still making a loss?” We hear phrases like that all too often. You’ve probably even experienced it yourself: you’ve abandoned usury, upheld your contract, and made the intention to please Allah, but your goods still don’t sell, your cash flow is tight, and some even end up going bankrupt. Then…
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Cleanliness as the Foundation of Anti-Syubhat Investment
Have you ever felt FOMO after seeing your friends start investing in this or that? Some have seen their portfolios grow, some profit from sharia-compliant stocks, and some even just started but already look really cool. We’re tempted to follow suit. But have you ever stopped and asked yourself: “Is this really safe? Is this halal?” After all, in Islam,…
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Avoid Doubtful Investments, Align Wealth with Faith
Have you ever thought, what if money could talk? Imagine, on the Day of Judgment, every treasure that has ever come into our hands will testify before Allah ﷻ . It will say, “I came from this path… and then used it for that…” Everything will be clear. Nothing can be hidden. Money is more than just a medium of…
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Life Goals Are Inseparable from Financial Obedience
Still trying to separate obedience from financial matters?If so, perhaps you’ve felt this way: you’re obedient, diligently attend religious studies, and consistently give alms, but life still feels chaotic, especially when it comes to money. Your salary comes in, but you don’t know where it’s going. Sometimes you’re enthusiastic about participating in various investment programs, but the results are unclear.…
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Wealth Isn’t Everything, So Why Does Losing It Feel So Hard?
There are people who truly understand that wealth is merely a gift. This world is temporary, and life is truly a journey home to Allah . But strangely, when you have to let go, even just a portion, it still feels heavy. It’s like a thin rope holding you back, invisible but strong. It’s not that he doesn’t understand, but…
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I Have Wealth, So Why the Anxiety?
Have you ever wondered why it’s not just those who lack money who feel anxious, but also those who already have everything? Abundant wealth, a grand home, a luxury vehicle, and more than enough money. But somehow, their hearts still feel restless. It’s like sitting on a soft sofa that looks comfortable, but its legs are actually fragile. It looks…
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