-
Online resources part 2
We love sharing resources that will help you gain more insight into money management. The best way to learn of course is through doing, and what better way to learn by practicing! Here are a…
-
Setting financial goals this Muharram
As Muharram kicks off the Islamic New Year, it’s not just about new beginnings spiritually — it’s also a great time to think about your money and set some goals for the year ahead. Whether…
-
Celebrating Eid al Adha without breaking the bank
Eid al-Adha as we’re sure you all know is one of the most significant Islamic holidays celebrated by Muslims worldwide. It is a time for families to come together, share meals, exchange gifts, and help…
-
Understanding jam’iya or social savings clubs
The Kingdom of Saudi Arabia conducted a study in 2018 that looked into consumers’ money habits. One of the interesting data showed how consumers mainly rely on banking institutes to save money, but the next…
-
Celebrating Eid al-Fitr!
Eid al-Fitr marks the end of Ramadan. It’s a joyous occasion filled with festivities, feasting, and the exchange of gifts. As families come together to celebrate the culmination of a month of spiritual devotion, our…
-
Budgeting basics: managing your expenses in the last stretch of Ramadan
Can you believe that we are in the final days of Ramadan? As we reach the end of the holy month it’s essential to maintain a firm grasp on our finances, ensuring that we honor…
-
Investing in Faith
As we are now in the final days of Ramadan, the importance of Zakat has become increasingly important in the hearts of Muslims worldwide. For young Saudis, understanding how to allocate Zakat effectively is not…
-
10 smart financial tips for the last 10 days of Ramadan
As Ramadan draws to a close, it’s essential to ensure that your financial practices align with your values and goals, especially as a young Saudi navigating the path to financial empowerment. Here are ten smart…
-
Financial wisdom: learning from the teachings of Prophet Muhmmad (PBUH)
Prophet Muhammad (PBUH) was not only a spiritual leader but also a wise and astute guide in matters of everyday life, including finances. His teachings offer invaluable insights into money management, financial ethics, and responsible…
-
Empowering financial literacy and saving through Sukuk in Saudi Arabia
In an era where financial literacy and savings play pivotal roles in securing one’s future, the Kingdom of Saudi Arabia is embarking on a transformative journey to promote these crucial aspects through innovative financial initiatives….
-
Ramadan reflection journal for teens: cultivating financial awareness and gratitude
While adults often focus on personal growth and religious devotion during this time, it’s equally important to involve teens in the rich traditions and teachings of Ramadan. One way to do this is through the…
-
How to manage your child’s Ramadan allowance
As we approach the halfway mark for Ramadan, parents often find themselves navigating various aspects of the tradition, from fasting to prayers and charitable giving. However, Ramadan also presents an excellent opportunity to impart essential…
-
Ramadan and Responsible Spending
For Muslims around the world, including in Saudi Arabia, Ramadan holds immense cultural and religious significance. It’s a time of increased devotion, self-discipline, and generosity. However, amidst the spiritual practices, there’s also an opportunity to…
-
Navigating Zakat
Ramadan is a time of spiritual renewal and charitable giving for Muslims around the world. One of the fundamental pillars of Islam is Zakat, an obligatory form of aiding those who most need it. Muslims…
-
Breaking fast, building wealth: the connection between fasting and financial discipline
Ramadan, the holiest month of Islam is a time of spiritual reflection, devotion, and self-discipline. Fasting from dawn to sunset is one of the 5 pillars of Islam, symbolizing a period of restraint and self-control….