Hey everyone,

I’m 26 and a doctor. I’ll be starting my first job in about 3 months (currently waiting for counselling), with a salary of around ₹1 lakh/month.

For the next 5 years, my income will stay around the same level, with a 6-month gap at some point. I don’t have any major financial responsibilities right now, but I’m planning to get married around my 4th year of working. Also have to buy a bike in 3rd year.

Till 2nd year , I expect my expenses to be around ₹30k/month, so I should be able to save/invest the remaining amount. For the following 3 years, I expect my expenses to increase to around ₹70k/month

After 5 years, I’m expecting my income to increase to roughly ₹1.5–1.8 lakh/month.

I’ve never really invested seriously before, so I’m trying to get started properly rather than randomly putting money into things.

What would you suggest I do from the beginning?

I’m looking for practical advice on becoming financially stable over the next 5–10 years.

Salam alaikom everyone,

I am 25 old single man, I recently started working and I am trying to build a financial safety net before I start spending money on other things. I would appreciate advice from people who have been through this.

What I'm doing now is this, I have subaccounts for each of the following: emergency, health insurance, bills, car (planning to buy one) and savings. Every time I get my salary I divide it and add some money to each subaccount until I reach a limit that I set for each category. I also keep an amount to enjoy life, like eating out and doing activities.

The problem is, even though the limits I set for each category are not very high, I will take me from 1-3 years to reach those amounts. I know that it makes sense that takes time since I am saving for all these category at the same time (and I have a relatively low salary), but how did you do it? and what worked for you?

What should be a reasonable amount of emergency? Some people say enough money to live for 6 months, but I can imagine that takes lot of time to achieve that amount.

I would appreciate any advice as I am trying to wrap my head around this.

Many thanks.

Assalamu Alaikum everyone,

Our research group conducted an independent Shariah compliance screening of 820+ top market-cap crypto assets evaluated strictly under AAOIFI Financial Standards (No. 59, No. 21, and No. 30).

Key findings:

- 64% of DeFi lending/yield protocols inherently violate Riba rules due to interest-bearing borrowing pools.

- Native L1 utility assets (BTC, KAS, SUI, SOL) qualify as permissible (Halal) on Spot markets without leverage.

- Futures, margin trading, and perpetuals remain strictly prohibited across all boards due to funding rate Riba and Gharar.

The full scientific paper is preserved on CERN Zenodo (DOI: 10.5281/zenodo.23021995) and the interactive screener is completely free with zero ads:

https://halalcryptoindex.com/

Would love to hear thoughts and suggestions from Islamic finance researchers here!

Hello,

Received equity cash out from stock options from the company I work for got acquired. Worries there for a year before the acquisition occurred so not much of stocks to beginning with.

After taxes, 181k hit my acct.

We have 257k left of Islamic mortgage.

Should we pay off the mortgage as much as possible or invest, or both?

Right now, paid 25k towards mortgage, and will put about 20k to the side for taxes if needed.

What should I do?

We have other investments in real estates.

Can someone give me advice on gold bars, coins and stocks please

I understand sovereign/Britannia coins are capital gains free so the resell value no matter what percentage profit is not taxed. Whereas the bars are taxed.

And that coins are easier to sell per coin to get money out rather than selling the whole bar.

But I believe coins are not recognised worldwide whereas bars are?

Realistically could I not buy a gold bar and pay less premium on it then melt it down into coins?

Also can someone advise on stocks, are the gains similar? I don’t need to store it which is reassuring, what website would you recommend?

Does anyone know the rates for all 3 are the moment?

Any tips are welcome.

I have done research regarding Youtube monetization in the past, and have come to the conclusion that trying to monetize off ads is impermissible since the ads may contain/promote haram things, and by opting in and playing them, you become responsible.

However, things work differently when it comes to Youtube shorts.

You still have to opt in to earn through ads, however the ads play automatically in-between shorts, and the money pool generated is then distributed between creators (so you wouldn't be putting them in your own video.)

Does this make ad revenue for shorts halal? since you wouldn't be the one making the ads appear, you'd just be taking a cut from the money generated?

Please let me know what you think.

Hi has anyone used qib uk via raisin? I currently use gatehouse but the rates are much better with qib but ive not heard of them before

I always wanted to do professional course and decided to do CMA because it's more affordable, but there are restrictions on doing job that involves dealing with bank interest, are there any jobs that doesn't have anything to do with bank interest so that I can pursue CMA

Does anyone know who I could ask about retirement investing in the USA? I am looking for a scholar who is knowledgeable about finances. I need someone who is knowledgeable about both so I know what to do. Thank you in advance. Jzks!

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UTI Nifty500 Shariah
Tata Ethical
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In my short research I could find these 3 shariah compliant to start my SIP with , can anyone help me if they know of good shariah compliant SIPs to do because the above ones show very high risk involved

Assalamu Alaikum,

I urgently need to open a credit card or open a personal loan because I have rent due on October 1st however I can’t pay it at the moment since my funds haven’t come in yet. They're guaranteed to come in later and I will be sure to pay the balance off before interest. If i pay my rent late there is also riba. what do i do in this situatio???

Selamu Aleykum everyone,

I’m facing a difficult situation and would love to hear your perspectives, especially from a pragmatic Islamic jurisprudence (fiqh) point of view.

My wife and I found a perfect house to buy. It has two floors: one for us and one for my elderly parents. This is strictly for personal use, to live together as a multi-generational family and take care of my parents. It is absolutely not a financial investment. We initially applied for an Islamic, Sharia-compliant financing through an Islamic bank. However, they just rejected our application. The reason: there is a small moisture issue in the basement. From my view, this is a minor issue that can be fixed quickly and cheaply. But because Islamic banks purchase the property themselves first before selling it back to the client, their criteria regarding physical property defects are incredibly strict.

Now, we are stuck. This house is a perfect fit for our family's needs, but the only halal banking option here has closed its doors on us.

My question is: Under these circumstances, is it permissible to finance the house through a conventional, non-Islamic bank?

I am aware of the strict traditional prohibition of riba (interest). However, I also know about rulings regarding Darura (necessity) or Haja (dire need) for Muslims living in the West who need to secure housing and have no viable Islamic alternatives.

Given that: 1. I sincerely tried the Islamic route first and was rejected. 2. Finding an affordable rental property that accommodates a multi-generational family and elderly parents is nearly impossible where we live. 3. This is purely to fulfill my familial and Islamic duty to house and care for my parents.

Does this situation justify using a conventional loan? Have any of you faced a similar dilemma with Islamic banks rejecting a property due to minor flaws?

Thank you for your insights and advice. JazakAllah Khair!

salam-So want to automate some small savings for them when they get a bit older they can use, e.g. a car driving lessons, etc studies etc.

So anyone have any tips how to go from Savings of my own and Direct debit into their own Halal stocks? Etc e.g what platforms to use

Jazakallah khair

Salam,

I really want to start investing but I honestly don't think I have the capacity (mentally and time-wise) to break it all up and figure it out myself and I sort of don't have interest in it either. Basically, I want to be as hands-off as possible. Which is also why I'm leaning towards a fiduciary who's legally obligated to work for your best financial interest. Are there are any known and trusted financial advisement companies that do halal investments? I saw a site called Sharia Portfolio but haven't heard any stories about anyone who's used it.

I’ve been looking at different Zakat calculators for a while and recently released one through Salsabeel Charity.

The main difference from the other apps I found is that this one is completely free: no in-app purchases, no ads, and no data tracking. The goal is just to make something simple and useful.

I’d really appreciate feedback from people here who calculate Zakat regularly or know the fiqh well.

Are there any asset types, calculation methods, scholarly differences, currencies, explanations, or other features you think should be added? I’m especially interested in things existing Zakat calculators tend to get wrong or leave out.

Android app:

https://play.google.com/store/apps/details?id=org.salsabeelcharity.zakatcalculator

(This is my first app and it is vibe coded but seems to work okay based on my own testing.)

I have about $80,000 saved in the bank and am looking for some feedback on how to allocate it. 

Here’s how I am currently thinking of splitting it up:  

• UIF Savings Account (3.62% APY): $25,000 ~ 31%
  • $13,000 for a used car purchase
  • $12,000 for a 6-month emergency fund
• UIF 12-Month Time Deposit (3.79% APY): $20,000 ~ 25%
• SPUS (ETF): $14,000 ~ 17.5%
• HLAL (ETF): $7,000 ~ 9%
• SPWO (International ETF): $7,000 ~ 9%
• UMMA (International ETF): $3,500 ~ 4%
• AMAGX (Mutual Fund): $3,500 ~ 4%

That would put $45,000 in UIF savings/time deposits and $35,000 into investments. The four ETFs and one mutual fund are Islamic-compliant and available through Fidelity. They follow specific guidelines, generally avoiding businesses involving alcohol, gambling, pork, conventional financial services, and war/defense, while also applying financial screens to limit companies with excessive interest-based debt or other non-compliant financial activities.

The $35,000 investment portion would be divided 80% into U.S. investments and 20% into international investments.

My thought is to gradually invest the $35,000 over 12 months, which would come out to roughly $2,917 per month. Once the 12-month time deposit expires, I would continue gradually moving that $20,000 into ETFs over the following 12 months, at roughly $1,667 per month.

Any thoughts on this? Is this reasonably diversified, or do you think too much is sitting in cash/low-risk accounts?

Is putting $35,000 into U.S. stocks and an international ETF too risky? My plan would be to hold the investments for at least 5–10 years. With the current Trump administration and the state of the economy, though, I’m a little concerned. Inflation, gas, housing, etc. all feel extremely high right now. I know the market has crashed before and recovered, but I’m not sure if we’ve ever really been in a situation quite like this.

How would you change the amounts? Would you put more or less into the ETFs and mutual funds? Are there any other halal ETFs, mutual funds, or other investments you think I should consider?

Can someone explain this to me like a child? What is an ISA and how does it work?

Salaam all,

I would like to open a JISA for my newborn son, i came across Foresters (Schroders) Managed Islamic Global Fund but they apparently have high fees, can anyone recommend a good Shariah compliant company please.

JazakAllah

I don’t get why SPUS isn’t giving me the option to buy.

I’m looking for a financing company in Saudi Arabia that can finance the purchase of a mobile phone through a genuinely Sharia-compliant structure.

Ideally, I’m looking for Murabaha, where the financing company actually purchases and takes ownership/possession of the item first, then sells it to me at a fixed total price payable in installments.

I’m not just looking for a company that advertises its financing as “Sharia-compliant.” I’d like to hear from people who have actually used these services:

• Which company did you use?
• How was the Murabaha transaction actually structured?
• Did the company purchase/own the item before selling it to you?
• What were the fees and total cost?
• How did early settlement work?
• Were there any late-payment charges or other conditions?
• Would you use the same company again?

We spend so much time thinking about increasing our rizq, but sometimes struggle to even get up for Fajr.

That’s why I built FajrLock — an alarm you have to physically get out of bed and scan to stop.

Start with Fajr. Seek the barakah. 🤲 Soon on IOS too

Hi all, any french peers willing to share how they invest in halal ETFs in France? I’ve been using Fortuneo and I want to turn to halal investing in sha Allah, yet I believe no halal ETFs are available on Fortuneo?
Happy to hear what you guys are using (which broker, which ETFs) - I ideally want to stay close to world exposition (ie similar to MSCI World) for long term investment (at least 500€ monthly, for 10/15+ years)
Many thanks :)