Islamic Finance The essential Sharia requirement for a means of payment for goods and services to be recognised as an acceptable tender of settlement is that it should be acceptable to a substantial number of counterparties in given demography or community. This article attempts to explain the Shariah rulings on…

Personal Musings The news that breaks on the hour is late. If you wait for breaking news, you are late. If you are late, you are a dead fish in the water. Whales like Bobby swallow you whole. You are watching billions, and you can’t quite relate to some terms…

Originally published at https://iamuhammadtahir.com. An old woman, grey yet energetic, comes out of the grocery store smiling as she has done every month for the past five years. Her grocery list hasn’t changed a bit neither has the fantastic feeling that comes with buying them. Yet, she noticed that she…

How a subreddit took down a hedge fund — In a David and Goliath style, retail investors takedown hedge funds and the wall street big boys. This is one unprecedented move that would forever shape the financial world and be read in history books. This is how it went down.

On what having options should mean in our life — Reading from Hameed’s newsletter, he talked about how to de-risk your life, do things to reduce risks, and create safety nets for yourself. On the other hand, Erik writes, taking asymmetric risks is what we have to do. …

Teaching our kids how to manage their finances — Ever wondered why some people get so good at managing money at such a young age? Most are them are fortunate to be taught the value of money and how it works. Managing money is an adult life thing for sure but you’d be doing your children a great service…

Before investing, there is a need to clean up your finances and know where you stand financially. Here are some steps to take to tidy up your finances. GETTING ORGANISED: To have our finances in order we have to get organized. This means having all your documents intact, Your bank…

Do you average up or down? — When you have investments, there would be winners and there would be losers. The question is when do you cut your losses and move on. Just like in every endeavor there are times you hit the goal or are on track and there are some not so good times that…