Niyah

The Budgeting Basics

Today, I would like to introduce the basics of budgeting as a critical skill in…

What are Islamic mortgages?

As most Muslims are aware, to charge interest is strictly forbidden in Islam - naturally, this presents a problem for those who are looking to buy a home.

Why? Because a standard mortgage will lend customers the money they require to purchase their home…

WHY DID ISLAMIC BANKS SURVIVE THE 2008 FINANCIAL CRISIS?

2008 was the year in which Obama became the first black President of the United States, the UK experienced its largest earthquake in 25 years, and the year in which the world faced a global financial crisis — the effects of which…

WHAT MAKES ISLAMIC BANKS DIFFERENT?

For those considering whether to make the switch from conventional banking to Islamic banking, the distinction between the two is pretty important.

Although people are aware that Islamic banking exists and of its basic principles, they need…