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Any books anyone would recommend on how to budget money the Islamic way? I want to be very organized with how I deal with money and what I spend it on as well but I have many questions. I went to university in the west and now that I've graduated I have loans that have piled interest. I also want to put a percentage aside of my paycheck to zakat and khums but is there a specific number that is recommended? Also, hypothetically speaking if in the future I had additional money what would be the Islamic perspective on purchasing luxury items?
As-salamun Alaykum, My family and I intend to go for the Umrah spiritual journey during the end of June 2014 (including 6 days of mahe-Ramadhan). As the cost of this trip is going out of preplanned budget, I'm really concerned about the additional expenses, excluding accommodation and air fare, that I will have to incur. I will be really grateful if you could help me with some information as follows: - Is the food relatively cheap in Makkah and Madinah? What could be an estimate cost of meals for 10 days for a group of 5 people (not too heavy meals)? - How much would I need to spend on transportation from Madinah to Makkah, and Makkah to Jeddah? By helping me plan my budget, you will be doing me a great favour and inshallah, Allah (s.w.t) will return the favour to you. Jazallah
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