by Shamir Wahid | Apr 24, 2020 | Finance
You probably heard it by now: Oil prices dropped to unprecedented low levels, reaching negative figures for the first time in history. In fact, the last time this happened was around 150 years ago. You can see it in the chart below: There are several factors...
by Shamir Wahid | Oct 24, 2019 | Finance, Mortgage
It’s only natural to want to pay down your mortgage to reduce the general interest costs. Borrowers should settle their home mortgage early when they have big amounts of cash money, provided it is well over what they require for emergency situations and retirement....
by Shamir Wahid | Jun 10, 2019 | Finance
One of the questions that some of our Muslim clients commonly ask about is on Shariah-compliant financing. In certain countries, like Singapore, Shariah-compliant financial solutions are limited. We are small country of less than 6 million people at the time of this...
by Shamir Wahid | Apr 5, 2019 | Finance
Unlike most Singaporeans, the Interstate Succession Act does not apply to Muslims in Singapore. That means that the regular laws on asset handling of deceased is irrelevant to most Muslims. There is in fact another set of laws when it comes to Muslim inheritance, much...
by Shamir Wahid | Mar 23, 2019 | Finance
One of the common realities that everyone will experience in their life is death. And when you pass on, you will leave behind your possessions and assets that needs to be distributed amongst the deserving. Writing a will becomes a necessary step in your financial...
Recent Comments