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Exploring your banking options in Saudi Arabia
You’ve reached an exciting milestone in your life. As you embark on your journey toward independence and financial responsibility, it’s essential to make informed decisions about where you’ll keep your hard-earned money. In this guide,…
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101: What is life insurance?
Life is full of unexpected twists and turns, and as young adults, it’s easy to get caught up in the present moment. However, it’s important to consider your financial future and take steps to protect…
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Investing 101: What is a bond?
When considering and researching different forms of investment, you’ll come across the term ‘bond’. Many people invest in bonds as they see them as safer and typically less volatile options than stocks. Sukuk and bonds…
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Key terminology in Islamic banking
We’ve covered the differences between Shariah-compliant, Islamic banking, and conventional banking you find across the globe. We will cover a few key terms that will aid you in understanding how this form of banking works….
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An Islamic bank vs. a Conventional bank
The common practices of an Islamic bank and a Conventional bank came into existence along with the foundation of Islam. However, the establishment of formal Islamic finance occurred only in the 20th century. Nowadays, the Islamic…