Assalamualaikum Wr Wb,
In the name of Allah, the Most Gracious, the Most Merciful. Thank you for subscribing to our mailing list. InshaAllah this email finds you and your family in the best of health and imaan. May the peace and blessings of Allah SWT be upon you and your family, inshaAllah.
Updates..
Our office will be closed during the CNY holidays. We will resume our operations on Thursday. You can still register online for the various services however our staff will not respond until Thursday.
For those travelling, please be safe and take care.
Earlier this year we did mentioned about having an Islamic Financial workshop for married couples or soon to be married. Check it out below under "Happily Ever After".
But first.. Let's gain a little more knowledge..
Can Muslims Celebrate Chinese New Year?
Here's a short article by Ustaz Muhd Aiman
Carrying on reading here >> http://learnislam.sg/articles/can-muslims-celebrate-chinese-new-year.html
Happily Ever After
Financial Planning Workshop
Allow us to ask you this question?
How many of us really have $100,000 in our bank accounts?
Perhaps you will have them in your CPF accounts after working for many years. For most of us whom have worked over 4-10 years, both of you would have a combined CPF account of at least $80k to $100K.
When you purchase your first house, it will ultimately wipe out that amount because a new HDB flat today would costs us ultimately more than $250,000 with interest. Furthermore you will still have to take a HDB or bank loan for it.
Now if you did not know about "Accrued interests", you will know it when you sell your 1st house to buy a second house. Thinking that you will have cash in hand. This may not be necessarily true because the "Accrued interest" borrowed from your CPF needs to be paid off first. Then you can purchase the second house and the loan payments starts all over again.
Many of us don't have this realisation until we hit that junction in our life and sometimes it can be too late in life to take the necessary steps to navigate this problem.
If we know all these, can we plan? We can right?
If you are a married couple, it is even better because you will have more resources to help you to solve the above problems and that is only the beginning.
Join us in this workshop to learn to navigate your finances in Singapore as a couple.
Preparing for the End
- An introduction Workshop to Islamic Inheritance
Alhamdulillah. 37 seats have been taken.
We are left with 3 seats left for this course.
What happens when one has not made any preparations.
- A house which you use to own may be taken away from your family leaving them shelterless
- Arguments about CPF and insurance payouts.
- Arguments about why the uncles get my dad's money? ( For family that do not have sons )
- Why are my children getting so little of your wealth? How can that be?
- We can list down more issues.
Let's be frank, for each of the problems above, people have written essays about it and let's not even talk about the countless reports in the news. Some filmmakers have even been inspired by the stories which have been developed into films or dramas.
------------------------------------------------------------------------
Articles for first time
Fathers and Mothers to be.
We have released the second of 10 articles focus on guiding new upcoming parents on what to come.
We hope you have enjoyed Part 1. Here's part 2.
Our Lives are About to Change Forever
– A Guideline for Fathers-to-be ( Part 2 )
In this chapter, the writer covered about the 3 trimesters of pregnancy that Fathers need to know.
|