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The future of financial literacy in Saudi Arabia
Have you ever thought about how important it is to understand money from a young age? In Saudi Arabia, just like everywhere else, financial literacy is becoming super important. With all the changes happening in…
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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…
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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…
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Safeguarding your money: how Mastercard and Visa are using AI to protect your purchases
Have you ever wondered how your credit or mada card stays safe when you buy stuff online or swipe it at a store? Well, two big companies, Mastercard and Visa, have some super cool tricks…
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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…
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101: Understanding time deposits
Are you looking to manage your money wisely? Maybe you’ve heard the term “time deposits” in your bank’s offerings but aren’t quite sure what it means or how it can benefit you. Well, you’re in…
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101: Certificate of Deposits
Let’s dive into a topic that might sound a bit grown-up, but it may just be the right saving option for you: Certificate of Deposits or CD. You might have heard about saving money in…
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5 essential money management tips every Saudi young adult needs to know
Navigating the world of personal finance can be intimidating, especially for young adults in Saudi Arabia who are just starting their financial journey. However, with the right knowledge and tools, managing money effectively becomes much…
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Sah: Your passport to financial empowerment in Saudi Arabia
Within the Kingdom of Saudi Arabia, the journey towards financial literacy and empowerment is gaining momentum. Aligned with the visionary roadmap of Vision 2030, the Kingdom released Sah – an Islamic subscription-based savings solution tailored…
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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…
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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…
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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…
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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…
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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….
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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…