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  1. During these tough economic times this post is very beneficial! I love how you divided this task into eight simple and easy to follow steps!

      • Great job son. I as your father take pride in your wrote
        Your writings and the thoughts behind them. May Allah (swt) bless you. We are blessed in having you as our son. Masha Allah.

  2. i mean WOW !!!!! i seriously mean WOW mashaAllah. Tell you what, i got my first pay last month and i EXACTLY did each and everything written in this article, Alhamdulillah. i wrote all the expenditure, i fixed an amount for charity, i saved some amount, i wrote down the amount i spent along with the things on which i spent.. and Alhamdulillah i am happy this was the right way ! as it is all   mentioned in this article. I am Alhadulillah happy i did it the right way for the first time  got my pay! Alhamdulillah!

  3. Alhamdulillah, the article is superb. One of the ways to be financially productive is to think only 50% of of our total income as our payment. I would suggest if articles related to saving other things, I mean like how to economize electricity etc.. are posted in this website, so that we may be away from extravagances.

  4. Jazakallahu Khayran. Few months ago I started to manage my budget this way. After I get my paycheck I alocate money for upcomming month (bills, food and drink, charity, picnics, car gas, etc.) and for annual spends or nonspecific time spends (car insurance, doubt payment, travels, household, buy house, Qourban (Eid), etc. ). I believe if I wouldn’t alocate money at the begining of the month (when I get my paycheck), I would spend most of money I put aside for something that is not necessary.
    So, these instructions are very good and they really work.

  5. If every month we allocate a part of our salary to be spent in the way of Allah, it will come back multiplied :) I read somewhere that a man used to divide his salary in three parts. First part was for himself and family expenditure, 2nd for the farm he was working in and third would go in the way of Allah. That’s how Allah’s help was always there for him. So I suggest that (no matter how little) we must allocate a percentage of our salary to spend in the way Allah :)

    • Assalamualaikum W.M.W.,

      Dear Brothers… I have heard about the ‘3 portions principle – basic living:seedling:Sadaqah and Jariah spending’ in the form of a Hadith from Prophet Muhammad S.A.W… that during his journey in ‘Mikraj’ with Malaikat Jibrail, he saw this ‘Abid’ being honoured to be with among the Shuhada’ when during his life he was not that really pious – in the way of strict discipline in praying in the mosque at every prayers for example’… But he was rewarded because of his discipline in Income management in consistently dividng his harvest into three portion – spending one third for himself and his family living, another one-third to be kept for seedling and the last one-third to be givien away as Sadaqah, Jariah and hadiah….

      I am trying to find the source of the Hadith and to establish that it is authentic… Can anyone help me here…especially Brother Bella Khan…Please contact me at barjoyai@unirazak.edu.my.. Jazakallah il Khairan Khatiran…

  6. a great way to sort out your money is to split your money (how ever small or big the amount) into catorgories (i got from a really good book millionaire mind)

    50% for bills and food etc
    10% for charity etc
    10% for education and books etc
    10%for emergencies, clothes etc
    10% for buying gifts and treating your self and the faimly etc (which should be spent in full  monthly)
    10% for paying off debts which when paid off you will eventually have money for you later years

    in addition any change you have in your pocket always put in to a jar at home the

    aim is never to even waste a penny let your money work for you, where ever it may be

    Main thing is you have to maintian the standard so i guess have a bit of sabr with it

    • Split the money – That is exactly what you do when you identify your expenses and create a spreadsheet, as mentioned above….and yes, SABR is the Key!

  7. Mr. Talha,

    I am confused after reading your article and would request you to
    clarify some points. I have the following confusions:

    The very first step that
    you have stated in your article mentions Credit card payments as an expense… This
    compelled me to go back to the title of your article… 8 Tips to be a
    Financially Sound Productive MUSLIM!!! 
    If a MUSLIM desires to become financially productive he/she needs to
    make sure that riba/interest is non-existent in his/her life…the mere mention
    of credit card payments renders all the other steps useless…you are teaching us
    to be productive MUSLIMS yet mentioning credit card payments. Doesn’t Islam
    teach us to cut our coat according to our cloth? The use of credit ca

    The hadith that you have
    mentioned it in tip no 6 very clearly states that ‘…the greatest sin is
    that someone dies in a state of debt…’ and
    then ask the readers to avoid all the possible means of accumulating debt. Couldn’t
    One of the means be not to go for the option of a credit card?? Again under the
    heading of tip 7, you could have mentioned the use of credit card under the
    ‘forbidden habits’

    Please
    note that the intention is NOT to criticize you but only to present my confusions
    and invite your response to it.

    • Dear Mr.Syedarabiatamkeen,Assalaam Wa’alaikum!Thank you very much for your message and feedback. It is much appreciated.Yes, I agree with you regarding the the issue of the credit card and we should advise against it because it can be a source of extreme distress. However, we need to live in the present times and need to face the reality that Credit Cards are being used by almost everyone. In these days, it is very difficult to live without credit cards as you cannot carry around large amounts of cash with you and you need it several times when making bookings online, making official applications online or buying something. I personally do not own a credit card but I always end up requesting other people to provide me with theirs as I need it on several occassions. What would one do if something is needed urgently and is not available locally and you have no one in that other country to buy it for you and send it? In this case you do need a credit card.Another thing we need to note is that as long as you make the payments ON TIME, you are not charged anything extra. That means than that there is no interest to be paid. Therefore, I had advised that whoever does so have credit card payments should budget for it and make the payments on time so that extra charges or interest is avoided.Yes, one of the means could be not to go for the option of a credit card and could be added under tip no.7 as a forbidden habit but again I believe that as we cater to a vast variety of audience, we need to keep in mind the situation and circumstances for all. If one can avoided it then good however, if one cannot than they should make an effort to clear it ON TIME so that there are NO extra charges or interest.To summarise it I would say that there is no argument on the fact that Debt should be avoided and it is one of the greatest to die in debt and should be avoided in all circumstances, however, that is what I am exactly saying when I ask to stay clear.I hope this puts my point across clearly.Thanks.Talha

  8. (25) Abu Huraira reported: While a person was in the wilderness he heard a voice from the cloud (commanding it thus): Irrigate the garden of so and so. (After that the clouds slinked aside and poured water on a stony ground. It filled a channel amongst the channels of that land and that person followed that water and he found a person standing in the garden busy in changing the course of water with the help of a hatchet. He said to him: Servant of Allah, what is your name? he said: So and so. And it was that very name which he had heard from the clouds. and he said to him: Servant of Allah, why do you ask me my name? He said: I beard a voice from the clouds of which It is the downpour, saying: Water the garden of so and to. like your name. What do you do (for the favour) shown to you by Allah in this matter? He said: Now as you state so. I look what yield I get from it. and I give one-third as charity out of it and I and my children eat one-third of it and one-third I return to it as investment. (Book #042, Hadith #7112)

    بينا رجل بفلاة من الأرض ، فسمع صوتا في سحابة : اسق حديقة فلان . فتنحى ذلك السحاب . فأفرغ ماءه في حرة . فإذا شرجة من تلك الشراج قد استوعبت ذلك الماء كله . فتتبع الماء . فإذا رجل قائم في حديقته يحول الماء بمسحاته . فقال له : يا عبدالله ! ما اسمك ؟ قال : فلان . للاسم الذي سمع في السحابة . فقال له : يا عبدالله ! لم تسألني عن اسمي ؟ فقال : إني سمعت صوتا في السحاب الذي هذا ماؤه يقول : اسق حديقة فلان . لاسمك . فما تصنع فيها ؟ قال : أما إذ قلت هذا ، فإني أنظر إلى ما يخرج منها ، فأتصدق بثلثه ، وآكل أنا وعيالي ثلثا ، وأرد فيها ثلثه

    الراوي : أبو هريرة

    المحدث : مسلم

    المصدر : صحيح مسلم

    الصفحة أو الرقم : 2984

    خلاصة حكم المحدث : صحيح

  9. Assalamu ‘alaykum wa rahmatullaahi wa barakatuh. Jazaakumullaahu khairan for this output. I have a question, what is meant and who is being called the ‘Holy Imam’? My understanding is that none is holy save Allaah (Al-Quddus) as He described Himself in His Noble Book, the quraan. Please let me know so I may verify biidhnillaah.

    • Al-Quddus has such powerful incredible depth of meaning that one really
      can’t translate it into any other language. For lack of a better word in
      english it has been translated as The Holy, so to call a human Holy is
      not a problem as long as your using it with its english definitions. To
      believe Allah, Al-Quddus means The Holy or Pure according to english
      language definitions is a great injustice.

  10. Assalamu alaikum va rahmathullaahi va barakaath.

    Could you tell us who the Hold Imam is and how he is holy?

    Jazakallah.

  11. It is a good strategy to follow up, and will surely workup. In addition to it, if one tries to invest his/her savings in any business (does not matter big or small) in few years it will becomes a great asset. and will help in financial stability of a person.