Jump to content
Guests can now reply in ALL forum topics (No registration required!) ×
Guests can now reply in ALL forum topics (No registration required!)
In the Name of God بسم الله

Budgeting money as a Muslim

Rate this topic


Recommended Posts

  • Basic Members

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? 

Link to post
Share on other sites
  • 3 weeks later...
On 12/06/2017 at 9:25 PM, candlesandpizza said:

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? 

Islamically speaking in regards to additional money one should limit on luxury items, spend little on it and rather focus more towards Khums and Zakat. One should only pay Zakat and Khums if they have additional money to do so. 

Link to post
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...