“Nobody said it was easy..” It wasn’t easy to juggle work and studies. It wasn’t easy to set aside time to attend classes, instead of meeting clients. But it was worth it. The classmates, the lecturers, the bonding, the learning. It was worth it, al-Hamdu lillah.. This is not an end to learning; the journeyContinue reading “Graduation… but always a Shariah student”
Category Archives: Uncategorized
Zakat on Savings
[Zakat in Practice (part 9) ] [Introduction: This series is a sharing on zakat from the perspective of a financial planner. It is hoped to be educational, informative as well as practical to help readers better understand Zakat, especially Zakat on Wealth, as a Muslim in Singapore. Topics to include: Zakat on Investment, Zakat onContinue reading “Zakat on Savings”
HDB Resale Levy: when and why
Perhaps you’ve read HDB Resale Levy: What Second-Time Flat Buyers Need To Understand Before Buying Another Flat from DollarsAndSense.sg. Reading the numbers, the facts and figures, you’re scared to consider buying your second flat, crushing your dreams to upgrade your living space. But hold on! As much as the article is scary and could instilContinue reading “HDB Resale Levy: when and why”
Shariah-compliant Investment and Debt
Recently, I came across a Facebook ad on what makes Shariah-compliant Investment different. One of the points mentioned is “No debt or interest payments in the investment structure.” This is a laughable claim as it reflects ignorance of the Facebook page. Anyone who has been involved in Islamic finance would and should know of DebtContinue reading “Shariah-compliant Investment and Debt”
Wise advice from a rich person
The following is my answer to a Quora question: “What is the wisest financial advice you have heard from a rich person?” One of my ultra-high net worth clients once told me, “The banks are not there to make you money; the banks are there to make the banks money.” What this means is thatContinue reading “Wise advice from a rich person”
Recognising the red flags
When an agent meets you for the first time, on the pretext of a “policy review”, and recommends that you surrender your policy, that is the first red flag. 🚩 If it is meant to help you reduce premium as you’re currently financially tight, the agent should justify why that particular policy should be surrendered,Continue reading “Recognising the red flags”
The Journey Begins
Thanks for joining me! It is about time that I set up this blog as a platform to collate my posts and thoughts on finances and financial planning, which would facilitate reading and browsing. This is as compared to my Facebook profile and page. This blog would also allow me to expand further some posts,Continue reading “The Journey Begins”
