Articles on savings
Home purchase plans, explained without the sales brochure
You don’t borrow to buy the house. You buy it with the bank, then buy the bank out. The monthly bill can still look familiar.
Islamic inheritance: who gets what, in plain English
The Qur’an names who inherits and how much. Here are the main shares under the Hanafi school, with worked examples in pounds.
Types of Islamic finance: the contracts behind the products
Mudaraba, wakala, murabaha, ijara and the rest, in plain English, with the UK products that use each one.
What a 1% fee really costs over 30 years
One percent sounds like nothing. Over a working life it can cost more than a car.
Gift Aid on zakat and Ramadan giving: how it works in the UK
Tick one box and the charity gets 25p more for every £1 you give. Here’s who can tick it, what it can’t cover, and what it means for your zakat.
Your workplace pension probably isn’t halal by default. Don’t opt out yet.
Opting out on principle can cost you your employer’s contributions. There’s usually a better first move.
Is a Cash ISA halal? Wrong question, nearly right answer.
An ISA is a tax wrapper. What matters is what you put inside it.
Islamic wills: why dying without one is a bigger problem than you think
Without a will, the state’s rules decide who gets what. They weren’t written with Islamic inheritance in mind.
Expected profit rates: what “expected” is doing in that sentence
An Islamic savings account can’t promise you interest. So it promises you something else, and the wording matters.
How to check a fund is shariah compliant, in about ten minutes
“Ethical” and “halal” aren’t the same word. A factsheet and a little suspicion will get you most of the way.
Zakat on your savings: the sum, and the bits people argue about
The percentage is simple. Working out what counts takes more care. Here’s where the disagreements are.
Where to start with investing, if you’ve never done it
Most beginners start by asking what to buy. That’s the fourth question, and the first three save you more money.
Compounding: the sum that rewards being early
Returns earn returns. It works without interest, and ten years’ head start is worth more than you’d guess.
Risk, without the small print voice
“Capital at risk” appears on every page. Here’s what it means when your own money is involved.
Sukuk: why they’re not quite bonds
Often called Islamic bonds, which helps for about one sentence. Here’s the difference that matters.
ISA or pension: where should your investments live?
Neither is halal or haram by itself. They’re tax wrappers with different rules, and most people benefit from understanding both.
Nothing matches that yet. Try another word.
Education, not advice. Rates, rules and terms change, so check with the provider or gov.uk before you decide.