Islamic Economics
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How to Analyze Whether a Company Is Worth Investing In
Every investor wants to be certain that their funds are going to a stable and expanding company. When a company turns out to be fragile or high-risk, no one wants to invest money in it and then regret it later. Moreover Islam stresses prudence when making financial decisions. The Quran says: “…And do not give the weak-minded your property, which…
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Smart Lifestyle: Manage Your Money to Grow
Finances aren’t just about lifestyle or showing off your balance, but about how we manage our money to thrive in this world and the hereafter. Think about how much time and energy we spend earning money? Unfortunately, many end up trapped in a “payday-payday-payday” cycle: money comes in, it’s immediately spent on consumption, and then we wait for the next…
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Turn Wealth into Rewards with Islamic Financial Planning
Have you ever been tired from working all the time, but at the end of the month, your savings never increase? Or do you want to start investing but don’t know where to begin? It feels like your efforts are just wasted, and sometimes it’s even stressful. Many people focus solely on their monthly salary and “having to look cool”…
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Job Opportunities and Investments: Multiple Income Sources
Have you ever felt tired of working all the time, but how come your savings never seem to increase? Or do you really want to start investing, but are really confused about where to start? Because if you only rely on your salary from one source, it’s really easy to run out. Especially if you don’t maintain your lifestyle, right?…
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Islamic Habits and Personality in Business Development
Have you ever felt exhausted from working so hard but the results felt unsatisfactory? Or perhaps your business is thriving but your heart isn’t at peace? Well, that’s where Islamic habits and personality are crucial in business development . In a casual conversation, business success isn’t just about profit and loss, but how we manage everything according to our faith…
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FIRE (Financial Independence, Retire Early) in Islamic Values
Gaining an Understanding of FIRE and It’s Significance Financial Independence and Early Retirement or FIRE is a movement that has gained popularity worldwide among professionals who want to break away from traditional work schedules. FIRE supporters strive to build up enough assets to cover living expenses by saving and investing heavily allowing them to retire well ahead of the conventional…
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The Importance of Having Multiple Sources of Income
Being isolated with one source of income is becoming more and more dangerous in the current economic environment. With only one paycheck maintaining financial security is more difficult due to inflation job instability economic shifts and unforeseen life events. As a result creating multiple revenue streams is now a necessity for financial survival and a means of achieving greater opportunities.…
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How to Avoid FOMO Spending
The psychological trigger known as FOMO or fear of missing out drives people to spend money in order to stay up with others trends or social expectations. Social media exacerbates this anxiety in the current digital era. People frequently make rash purchases in an attempt to feel included because they compare their lives to the carefully manicured highlight reels of…
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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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