Islam states that human beings have been created to worship Allah; yet we are societal creatures who also interact with others. It is a sad reality that while many Muslims are particular about ritual worship, they neglect to fulfil the rights of others by behaving dishonestly or running their businesses unethically. To please our Creator, it is essential that both His rights and the rights of His creatures are fulfilled. Earning, spending and investing wealth in a halāl manner is key to achieving this, therefore we at 1st Ethical have produced the ‘Money Matters‘ guide, written and approved by Al-Qalam Sharī‘ah Scholar Panel.

“The feet of the son of Ādam will not move on the Day of Judgement until he is asked regarding five matters; how he spent his life, how he utilised his youth, how he earned his wealth and how he spent it, and what he did with his knowledge.” (Al-Tirmidhi, sahīh)

The first part of this guide attempts to explain some general Islamic principles pertaining to the area of money, finance, budgeting and debt.

The second part  attempts to explain how Muslims can apply Sharī‘ah precepts to common place specific challenges such as buying a house, university tuition fees, pension planning etc.