The Importance of Investing for Muslims
As Muslims, it is essential to invest our wealth in productive and sharia-compliant ways. Let's learn why investing is crucial, especially in today's world.
- Investing is buying assets that increase in value, not letting money sit in a bank account.
- Leaving money unused can cause its value to decrease over time due to inflation and zakat, resulting in a net loss of wealth.
- Sharia-compliant investing is encouraged as it aligns with Islamic beliefs and values.
- We should put our money to use and aim to at least maintain our wealth.
13
72 reads
CURATED FROM
IDEAS CURATED BY
Similar ideas to The Importance of Investing for Muslims
The habit of investing more
Consistent investing is essential. Investing as a habit will pay off in the long run.
It is most important to start with earning more, then saving more, then investing. People want to skip the first two steps and day-trade themselves to wealth, but most will only lose mone...
Accumulated Wealth
Being rich is, at its very core, about being patient with your money and the accumulation of knowledge, experience and your net worth. If you are investing in appreciating assets instead of spending it on liabilities (like a fancy car), you will experience true wealth.
If we curb our resta...
Forming the habits of an investor
Investors put their money to work. They know that the money they set aside today sets them up for financial freedom.
- An investor puts any excess money towards investments that will earn more capital.
- They value learning new skills and think of ways to use it...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates