Jan24

Planning for the new year

Saturday, 24 January 2015 Written by // Zuraida Rodhi

Planning for the new year

Financial Planning During the year-end holidays, take time to take stock of your financial plan

December is a good month to review your financial plan. As it is a holiday month, we should take the opportunity to take stock of our financial affairs. When January comes, we will have a clear idea of our financial resolutions for 2014. Those without financial baggage can really enjoy the holiday season.

Reviewing a financial plan for a Muslim goes beyond looking at financial figures. It includes purifying your wealth and analysing investments and financing to ensure that they do not contain non-Syariah compliant components. The review process starts with a financial plan.

 

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