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What Is Tawarruq and Why It’s ControversialTawarruq is a Shariah-based financing arrangement involving the purchase and resale of a commodity to obtain cash. In its simplest form, a customer buys an…
How to Calculate Zakat on Cash, Gold and Property in AustraliaZakat al-mal is assessed on qualifying wealth held above the nisab threshold, rather than on every asset a person happens to own. An Australian household may…
A halal approach to technology investingTechnology shares can offer long-term ownership in businesses that build software, cloud infrastructure, cybersecurity, e-commerce and payment systems. Their…
Building A Halal Side Hustle That Complies With ShariahA side hustle can provide useful supplementary income while helping you develop practical skills, serve your community and work towards greater financial…
Understanding Rahn: How Collateral Underpins a Shariah-Compliant LoanWhen Muslims seek financing for a home, a car, or a business venture, the question of how to structure the transaction without falling into riba becomes…
Wills and inheritance planning within ShariahAn Australian will can record lawful wishes about property, guardianship and personal affairs, while a faith-sensitive estate plan must also address debts,…
The ethics of speculation vs investment in IslamIslamic finance places the purpose of wealth above the label attached to a transaction. Investment can support housing, trade, technology or a productive…
Is Life Insurance Halal? Takaful as an AlternativeLife insurance can provide valuable protection for a family if a parent or income earner dies. It may help with rent or mortgage payments, school costs,…
Navigating Halal Investing Pitfalls in AustraliaAustralia's Muslim community has grown steadily over the past two decades, with significant populations in Sydney's south-western suburbs, Melbourne's northern…
Zakat on cryptocurrency: what every Australian Muslim investor should knowCryptocurrency has gone from a niche curiosity discussed on Australian finance forums to a mainstream asset class held by hundreds of thousands of Australians.…