Tag Archives: personal finance

M&M Question and Answer #1

Question&Answer #1

Q: Is MUSLIMANDMONEY.COM for Muslims Only?

A: Within 24 hours after launching the Facebook Page “Muslim and Money” as MUSLIMANDMONEY.COM’s Facebook Fan Page, we have received the following related queries:

“Can I ‘LIKE’ it even though I’m not a Muslim?”

“Can we invite non-Muslim friends to ’LIKE’ it?”

“Is MUSLIMANDMONEY.COM for Muslims Only?”

God willing, even a non-Muslim who is interested to learn more about personal finance, investment and entrepreneurship will find the website worthwhile to visit. He or she will also understand better how his or her Muslim friend is supposed to treat money – as servant and not master; as a means and not an end.

In the same manner, a Muslim could relate a lot to the discussions of Bo Sanchez, a well-known Philippine-based Catholic layman preacher, investor and entrepreneur, about ‘the Truly Rich’.

It is because we do share the moral values of moderation, saving, helping others, condemnation of extravagance, abhorrence to materialism, and campaign against greed, among others.

The Bible says, “For the love of money is the root of all kinds of evil.” (1 Timothy 6:10)

Similarly, it is thus reported in a hadith, “Love of this world is the root of all sins.” (Usul al-Kafi, vol. 2, p. 315)

Longest Verse of the Qur’an

Longest Verse of the Qur'an

The longest verse (ayah) of the Qur’an is not about ritual prayer (salah) or fasting (sawm); neither is it about Hajj pilgrimage or jihad.

It is about contracting a loan and dealing with money matters.

What muslimandmoney.com is NOT?

What muslimandmoney.com is NOT

Salamun ‘alaykum!

MUSLIMANDMONEY.COM is a platform for Muslim’s guide to personal finance, investment and entrepreneurship.

MUSLIMANDMONEY.COM is NOT a quick-rich scheme. It is NOT a magic formula of wealth. It is NOT a scam.

It is NOT a dialogue between two equals (Muslim and money). It is rather a forum to declare the former’s mastership and the latter’s servanthood, and not the other way around.

It is NOT about greed. It is NOT about materialism. It is NOT even about money per se.

It is about planning and action. It is about attitude and management. It is about prayer and productivity. It is about acquiring streams of lawful income. It is about self-esteem and financial freedom. It is about spiritual-physical equilibrium. It is about self-empowerment to empower others.