TLDR: This 2025 guide provides essential financial planning advice for Singaporeans at every life stage. It covers building a strong
Managing finances through an Islamic lens involves a comprehensive approach, encompassing budgeting, investments, protection, and future planning. By adhering to these financial principles, Muslims can build a stable foundation for their families and contribute positively to society while remaining true to their faith.
In a groundbreaking development, the approval of 11 Spot Bitcoin ETFs by the SEC in 2024 mirrors the transformative introduction of gold-backed ETFs in 2004. This decision bears profound implications, shaping the legitimacy, accessibility, and exposure of cryptocurrencies. The entrance of major financial entities into the crypto space is anticipated to streamline capital inflows, providing a regulated and efficient avenue for investors. Regulatory approval not only fosters accountability and transparency but also mitigates risks associated with centralized exchanges. Investors now enjoy the convenience of accessing real-time Bitcoin prices through traditional investment accounts, coupled with the advantage of lower fees. Despite the positive performance of Bitcoin in 2023, potential risks, such as market volatility and regulatory challenges, necessitate careful consideration. The decision to incorporate Spot Bitcoin ETFs into a portfolio hinges on individual risk profiles and financial objectives, requiring consultation with a financial advisor. The future may witness the emergence of Shariah-compliant Bitcoin ETFs, presenting opportunities for the Islamic finance sector to establish a Sharia framework for crypto certification.
Are you unsure whether to cancel your non-shariah-compliant insurance policies or if takaful is available in Singapore? Do you wonder if insurance is necessary for sole breadwinners? At Islamic Finance Singapore (IFSG), we receive countless inquiries about insurance.Â
While we are not financial advisors, we hope this article can offer our community a simplified guide to understanding insurance in Singapore, from A to Z.
How to invest in a Shariah compliant Robo-advisor with low remittance fee, Shariah approval, low fees
Looking to invest in Singapore? The Hugo save App can help you do just that. This guide will show you how to use the Hugo App to track your investments and make smart decisions.
CGS-CIMB iCASH is a halal brokerage option that offers Islamic and ESG investments in the US, Singapore, Malaysia and Hong Kong.
A mutual fund is a type of investment asset consisting of a portfolio of stocks, bonds, or other securities, which is overseen by a professional money manager. In this article, we analyse the new Maybank Asian growth & Income Islamic fund which combines: Shariah compliance, ESG and is powered by artificial intelligence. Will this fund help you grow your wealth? We also look at mutual fund fees, and other myths you might have heard about.
Islamic banking and finance is a branch of Islamic economics.
Islamic banking is the practice of making profit from non-interest-bearing assets, such as through leasing, profit sharing and selling as asset. It has its roots in the Quran and hadith, thus forms an alternative economic model that is just and socially equitable. This category is an attempt to provide a comprehensive list of Islamic related education and courses in Singapore.
Halal investing is a unique form of socially responsible investments because Islam makes no division between the spiritual and the secular. It satisfies Islamic principles and can be just as profitable as conventional investing. In this article we share 12 investments for Muslims including stocks, bonds, mutual funds and other assets you might want to consider to increase or manage your wealth.
Shariah-Compliant ETF Guide Exchange Traded Funds (ETFs) are basically a basket of stocks that are passively managed to track an
Ever heard of the term Muslim-friendly cited by financial consultants? How does it compare with Shariah compliance? Here we take a deep dive into and give you an unbiased view of this misused term.
