Rizqonomics

ย Islam, Economics & Finance.ย 

 

Discover more About the Islamic economic ecosystem

We aim to write our posts in a clear and easy to understand manner.

Islamic Finance & Customer Service

When I was living in Dubai I remember having a discussion with a close friend of mine. I was surprised to find out that he banked with a conventional bank when there were so many Islamic banks and...

Inflation & Islamic Finance

A common topic that I've noticed keeps coming up whenever meeting family and friends is how much the cost of living has increased in the last few years. Many people have had to change their spending...

Richness in Manners

Beautiful advice from our Sheikh. (translated)

Areas of Lack of Awareness & Knowledge in Islamic Finance

I spent approximately 6 months (two 3 month stretches) in total of this year back in the UK, the longest period in many years.The following are the 6 most common areas that I identified that I tend...

Islam & Wealth Talk (Streatham Hill Masjid)

Alhamdulillah I was blessed to deliver a short talk on Islam & Wealth at Streatham Hill Masjid last night. We discussed the concept of wealth in Islam, contentment, importance of intention when...

๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ ๐—ฆ๐—ฒ๐—ฒ๐—ธ๐—ถ๐—ป๐—ด & ๐—œ๐˜€๐—น๐—ฎ๐—บ๐—ถ๐—ฐ ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ!

When people hear the term โ€˜Islamic bankโ€™ or โ€˜Islamic financial institutionโ€™, a lot of them tend to make a major assumption that the organisation in question should be a charitable, not for profit...

Technology & Sadaqah

After covid people tend not to carry cash in their wallets as much as they used to previously and tend to depend primarily on electronic forms of payment. While there are many benefits of not...

๐——๐˜‚๐—ฒ ๐——๐—ถ๐—น๐—ถ๐—ด๐—ฒ๐—ป๐—ฐ๐—ฒ ๐—ถ๐—ป ๐—œ๐˜€๐—น๐—ฎ๐—บ๐—ถ๐—ฐ ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ!

If any Islamic Financial Institution (IFI) has a Shariah Pronouncement from a Shariah Advisor or a Shariah Committee it means that the individuals who have signed the pronouncement are of the...

The Severity of Riba!

Many of us take the prohibition of Riba lightly when in reality it is a major sin that we should not be involved in.Sheikh Ibn Uthaymeen ุฑุญู…ู‡ ุงู„ู„ู‡ states in his Sharh al-Mumti alaa Zaad al-Mustaqni...