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Syndication

About Joe Bradford:

Joe is traditionally and academically trained in the Islamic sciences. He holds a graduate degree in Islamic law from the University of Medina. He likes steak, star gazing, corny about pages, and long walks in the park. He has way too many kids. He currently works in finance and is an adviser to institutions and private individuals.

In this episode we discuss:

  • The obligation of paying Zakat
  • What every Muslim should know about the minimum requirements of paying Zakat
  • What is a Nisab?
  • Zakat & Debt (house, student loans, etc)
  • Paying Zakat on gold
  • Paying Zakat on investments (401k, Roth IRA, etc)

Connect with Joe Bradford:

  • Website: JoeBradford.net
  • Twitter: https://twitter.com/joebradfordnet
  • Facebook: https://www.facebook.com/Bradford.Joe

Further resources:

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If you enjoyed this podcast, please take a minute to share with a friend and RATE and SUBSCRIBE in iTunes.

ITunes Link: http://bit.ly/dfmpodcast

Stitcher Radio: http://bit.ly/dfmstitcher

Android (RSS): http://bit.ly/dfmpodcastrss

You can also visit our website and sign up for the email list to be notified of new episodes, articles, and get our FREE ebook – A Practical Guide to Debt and Personal Finance for Muslims: http://debtfreemuslims.com/get-our-free-ebook/

Direct download: episode_17.mp3
Category:general -- posted at: 3:00am EDT

Debt Free Muslim Podcast Episode 16

This episode is brought to you by MuslimMatters.org – Because Muslims matter.

About Mufti Menk:

Ismail Musa Menk was born in Harare, Zimbabwe. He was tutored by his father who is a well known scholar and Da’ee.

He completed his hifz and recitation courses at an early age and learnt the Arabic and Urdu languages whilst studying Shariah under his father. At the same time he attended an Academic College in Harare where he completed his secondary secular education. He then attained a degree in Shariah from the University of Madinah and later specialised in Iftaa at Darul Uloom Kantharia in Gujarat.

This episode covers:

-The race behind materialism is a never ending game of trying to play catch-up. 

-Not having the means to own something but still striving to get it only enters you into a dangerous cycle of incurring debt. 

-We are taught as Muslims to be happy with what Allah has blessed us with and be content with it.

-Tailor your life according to your budget. 

-Buying what you cannot afford will only be a constant burden on your shoulders and a distress of the mind.

-Be mindful of your salary and spend accordingly, not purchasing a car, house, furniture etc., that is out of your range. 

-Certainly, we should aim for the skies, but don’t pretend as if you are in the heavens when you’re not yet above the ground.

-When you constantly strive for materialistic gain, this disease can spread to other parts of your life as well.

-More money does not solve your problems. 

-Wealth does not spoil you. It gives you the opportunity to show others who you always were inside.

-Distinguish between the wants and needs and budget carefully.

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Connect With Mufti Menk:

Homepage: http://www.muftimenk.co.za/

Facebook:  https://www.facebook.com/muftimenk

Twitter: https://twitter.com/muftimenk

--

If you enjoyed this podcast, please take a minute to share with a friend and RATE and SUBSCRIBE in iTunes.

ITunes Link: http://bit.ly/dfmpodcast

Stitcher Radio: http://bit.ly/dfmstitcher

Android (RSS): http://bit.ly/dfmpodcastrss

You can also visit our website and sign up for the email list to be notified of new episodes, articles, and get our FREE ebook – A Practical Guide to Debt and Personal Finance for Muslims: http://debtfreemuslims.com/get-our-free-ebook/

Direct download: episode_16.mp3
Category:general -- posted at: 3:00am EDT

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