Assalamu alaikum wa rahmatullah,
Here are some resources that were referenced and/or complement the Money Matters seminar given at Dar-us-Salaam. Please note: I do not endorse any specific investment tool. Please consult Islamic scholars on finance when deciding on what to use.
Islam & Wealth Resources:
- Psychology of Wealth: An Islamic Perspective on Personal Finance: https://yaqeeninstitute.org/read/paper/psychology-of-wealth-an-islamic-perspective-on-personal-finance
- 7 Ways to Increase Barakah During the Recession, by Sh. Yasir Qadhi: https://youtu.be/SKCv_psVQDw
- Introduction to Islamic Finance, Banking and Investment by Sh. Ashraf Ali: https://youtu.be/H2xWHZenx7k
- Is it wrong to be rich in Islam? https://www.islamicfinanceguru.com/articles/entrepreneurship/whitepaper-is-it-wrong-to-be-rich-in-islam
- Are Credit Cards Haram? https://www.islamicfinanceguru.com/articles/islamic-finance/are-credit-cards-haram-or-halal
- Simple Zakat Guide: Understand and Calculate Your Zakat by Sh. Joe Bradford https://a.co/aWjMi3F
Tools to use for Budgeting:
- Mint – mint.com
- You Need a Budget – youneedabudget.com
Tools to use for Investing:
- Muslim Companies
- Wahed Invest – www.wahed.com
- ShariaPortfolio – www.shariaportfolio.com
- Azzad Funds – www.azzadasset.com
- Amana Funds – www.saturna.com/amana
- REIT:
- Fundrise
- Platforms to buy stocks individually:
- Robinhood
- Charles Schwabb
- Vanguard Fidelity
- Bank of America
- Merill Lynch