null Muslims must have a good grasp of principles of Islamic financial planning
Muslims must have a good grasp of principles of Islamic financial planning
16 Apr 2021 | Friday Source: New Straits Times
There are many financial products offered in the market catering to a person's preparation to protect themselves and their loved ones from financial shocks caused by undesirable events. For Muslims, these include takaful protection schemes, inheritance instruments and others.
When promoting such products, one should not use fearmongering techniques because they are contrary to their original principles. Although the intention is to raise awareness about some issues, this may confuse people on some aspects of Islamic jurisprudence.
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