Tag: Money

Islam and Money

Indonesian mosque officials count donations for the upkeep of the Jami Roudhotul Falah mosque following Friday prayers in central Jakarta. Apart from the voluntary donations, Muslims practice “zakat,: where a percentage of their annual savings are set aside for alms…

Muslim-Americans Raise Money for Victims in Portland Train Attack

Two groups of Muslim-Americans have raised more than $500,000 for the victims of last week’s Portland train attack.

The campaign, Muslims Unite for Portland Heroes, says it wishes to “respond to hate with love, to evil with good, as our faith instructs us, and send a powerful message of compassion through action.”
Taliesin Myrddin…MORE: cnn.com

Honor and Work

The Prophet said, “Nobody has ever eaten a better meal than that which one has earned by working with one’s own hands. The Prophet of Allah, David (Daud) used to eat from the earnings of his manual labour.”(Bukhari)

Ikea billionaire Ingvar Kamprad buys second-hand clothes to save money

  Photo published for Ikea billionaire Ingvar Kamprad buys second-hand clothes to save moneyIn 2006, the American business magazine Forbes listed him as the fourth richest person in the world.

Kamprad’s modest spending habits have made headlines over the years. In 2008, he told newspaper Sydsvenskan that a €22 bill in the Netherlands had broken his hair cut budget.

“Normally, I try to get my haircut when I’m in a developing country. Last time it was in Vietnam,” Kamprad explained….more:  .theguardian.com

The True Richness (part 1 of 2)

The reality of life in this world. By Yasir al-Qadhi   The Purpose of Life Many people mistakenly assume that true wealth and real treasureis that of money. It is indeed true that wealth is a great blessing from God…

What Can We Learn From Islamic Finance?

Otaviano Canuto Vice President, Poverty Reduction, World Bank What Can We Learn From Islamic Finance? In over 70 countries, from financial centers in Malaysia to the Middle East, Islamic finance has been growing rapidly around the world. In fact, Shariah-compliant…