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What Is And Why Islamic Financial Planning?

10.09.25 12:30 PM - By Ahmad R Saltagi

Muslims need financial planning more than the general public, but they are less likely to have it.

Financial planning is creating a plan to help you achieve your financial goals. It involves:

  1. Assessing your current financial situation

  2. Identifying your goals and objectives

  3. Develop a plan to help you reac...

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Preparing For Financial Emergency (With Islamic Consideration)

10.09.25 12:28 PM - By Ahmad R Saltagi

To maintain stability during an emergency, especially a financial one, it is essential to know what type of crisis could happen in your life and be prepared for it beforehand.

Type of financial emergencies that could happen to you:

  • Natural disasters, wars, or social/political uprisings

  • Accidents

  • Health ...

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Emergency Fund (With Islamic Consideration)

10.09.25 12:05 PM - By Ahmad R Saltagi

An emergency fund pays for your living expenses in case of emergency. 
Liquid funds and some other sources can be used for that purpose.

An emergency fund is an essential part of personal finance planning. 

It stabilizes the family's financial status in an emergency and prevents a crash or ba...

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Dying Without a Will (intestate)

05.09.25 11:52 AM - By Ahmad R Saltagi

The Prophet Muhammed (PBUH) emphasized the importance of having a Last Will and Testament, stating in Ṣaḥīḥ Muslim and Ṣaḥīḥ al-Bukhāri, “It is not permissible for any Muslim who has something to will to stay for two nights without having his Last Will and Testament written and kept ready with him.”...

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