Should you invest in Bitcoin?

Backgrounder Bitcoin is a new kind of global payment network that many consider to be a currency as valid as a dollars, euros, and yen. Bitcoin is meant to be a quicker, cheaper, and more reliable form of payment than money that’s tied to individual countries. In addition, it’s the only form of ...
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Do you want barakah in your wealth?

Excerpted from the August 2017 Azzad newsletter I want to talk about barakah. The term itself is something that Muslims the world over use in various forms throughout the day. Phrases like “asalamu alaikum wa rahmatullahi wa barakatu,” “eid mubarak,” and “barakAllah feekum” are commonly ...
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Five questions to ask before investing

Sometimes we get calls from clients asking us to research certain investments they’ve heard of that promise income without risk. Putting aside the question of whether or not such investments are halal, investors may be unknowingly falling for a potential Ponzi or pyramid scheme. Keep in mind that ...
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Pope Francis and Islamic finance

Next week, Pope Francis is expected to arrive in Washington, D.C., to kick off his first visit to the United States, giving an anticipated 18 speeches. Although we don’t yet know the content of those talks, it shouldn’t surprise anyone if, when talking about social justice from his own faith per...
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The least we can do this Ramadan

Last month, I was privileged to join the Hagerstown community at the Islamic Society of Western Maryland for a weekly halaqah, or study circle. After the imam presented the Qur’anic lesson, he turned it over to me to offer a summary of a lesson from Imam al-Ghazzali on the importance of wara, or c...
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Preparing your finances for Ramadan

This month, Muslims worldwide will embark on a personal journey of self discipline and spiritual renewal. They will abstain from food and drink, give charity to the needy and attempt to recite the Qur’an in its entirety before month’s end. In addition to these rituals, many will use the holy mon...
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