Discover insightful articles and expert advice on Islamic finance, wealth management, and financial empowerment for Australian Muslims. Explore Afiyah's blog for valuable tips and inspiration to take control of your finances and build a prosperous future aligned with your faith.
Wealth Management in Islam is a discipline within the realm of Islamic finance that focuses on managing and preserving wealth while adhering to the principles of Shariah. It seeks to ensure financial well-being and growth while upholding ethical guidelines and avoiding activities that are considered unlawful or prohibited in Islam. Islamic wealth management has several […]
Ijarah financing is a concept commonly utilised in Islamic finance that provides an alternative method of financing assets. Derived from the Arabic word "ijarah," which means lease or rent, involves a leasing agreement between two parties: the lessor (financier) and the lessee (customer). This arrangement allows individuals and businesses to access financing while adhering to […]
Islamic wealth management incorporates principles and guidelines derived from Islamic law, known as Shariah, which governs various aspects of Muslim life, including financial matters. It encompasses a range of practices that are designed to align with the principles of Islamic finance and are aimed at preserving and growing wealth while adhering to Islamic principles. These […]
Murabahah car financing is an Islamic financing method used for purchasing vehicles. It is a financial product offered by Islamic banks and financial institutions and is also known as Islamic car financing or Islamic auto leasing. It operates on the principles of Islamic finance, which adhere to the rules and guidelines of Shariah law. It […]
Wealth management in Islam is a comprehensive approach to managing and growing an individual's or family's financial assets. It involves a range of financial services and strategies aimed at helping clients achieve their financial goals, preserve and grow their wealth, and also plan for the future. Wealth managers provide personalised advice and guidance on investments, […]
Muslim home loan is a financial product designed for Muslims who want to buy a home without compromising their Islamic faith. Islamic law, or Sharia, prohibits the payment or receipt of interest (riba), which makes traditional mortgage loans incompatible with Islamic finance principles. To comply with Sharia, Muslim home loans use a different financing model […]
A housing loan is a type of loan that is specifically designed to help individuals or families purchase a home. The loan is typically secured by the property being purchased, and the borrower makes regular payments over a period of time to repay the loan. Housing loans may have different repayment terms and fees depending […]
Islamic finance Australia, also known as Halal finance, is a system of finance that adheres to Islamic law (Shariah), which prohibits charging or paying interest (riba) and engaging in speculative investments. Since Islamic finance adheres to Sharia principles and prohibits interest-based transactions it is not always easy to find Islamic institutions around the world. However, […]
Home loans, also known as mortgages, are a type of loan that is used to purchase a property or home. The borrower typically makes a down payment and then borrows the rest of the money from a lender, which is usually a bank or financial institution. The borrower then makes regular payments, typically monthly, to […]
Sharia is an Arabic term that refers to the Islamic legal system that governs the religious, social, and moral aspects of a Muslim’s life. It is based on the teachings of the Quran and the Sunnah. Sharia covers a wide range of topics, including personal and family law, economics, politics, criminal law, and even ethics. […]
