An article on MuslimMatters.org compelled me to create this blog. Brother Omar Usman delivered an awesome message that Islamic personal finance is lacking the attention it deserves. The banking world solely focus on the complexities of the financial industry, where most are intertwined with riba, and creating products that is "halal" for the Muslim consumers. Yet, the products offered, may be so harmful to an individual's finances that it may be considered haram when weighing the advantages and disadvantages.
They ask you about wine and gambling. Say, "In them is great sin and [yet, some] benefit for people. But their sin is greater than their benefit." And they ask you what they should spend. Say, "The excess [beyond needs]." Thus Allah makes clear to you the verses [of revelation] that you might give thought.
2. Surat Al-Baqarah (The Cow; 219)
Definitely check out the video below!
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