10 Facts On How Islam Liberates You Financially

Jun 29th, 2008 by admin | 5

Financial Freedom (Part 1)

1- Financial freedom is a matter of choice. We came into this world sustenance-guaranteed from our creator. However, it is our choice to be enslaved by money.

“And kill not your children for fear of poverty. We shall provide sustenance for them as well as for you.” (Al-Isra 17:31)

The Prophet said, “Let the slave of Dinar and dirham, of Quantify and Khamisa (i.e. money and luxurious clothes) perish for he is pleased if these things are given to him, and if not, he is displeased!” –Collected by Al-Bukhari

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How we bought a house without interest

Jun 19th, 2008 by admin | 8

Hamza & Hoda’s Story:

We had grown up our whole lives hearing that the only way you can own a house is by getting an interest based mortgage. When we learned about the evils of interest and how Allaah condemns those who deal with it, we assumed that we would be stuck renting the rest of our lives. So we began our quest searching for a way to purchase a home Islamically. We investigated Islamic financing institutions, but we didn’t feel comfortable with that route after doing our research, so we eventually devised our own method of home buying that is simple and easy. Within a short period of time, we found our home and we were able to purchase it with a legal contract with a zero percent interest rate. Many people told us it couldn’t be done, but alhamdulillaah, by the Will of Allaah, we did it. After we moved in, our friends and family starting asking us how we did it so decided to write an ebook of our story, detailing all of the steps we took along with research of current trends and economic situations, copies our legal documents, sample letters, and an interactive budget calculator. Our ebook is directed to all people who want to stay away from interest, not just Muslims. We want to start a revolution of no interest to give the people freedom in their lives from endless debt.

For more details, attend the event!

About The Speaker:

Humza Igram is an accounting and art major and is currently the Director of Technology of Cedar Graphics, Inc., a Muslim-owned communications solutions and commercial printing company in Iowa.

Hoda Elkassem is a pharmacist and currently a work-at-home mom who creates information products and writes children’s books.

Together, Humza and Hoda have three kids, published one Islamic children’s book under Muslim Tree, another book on Islamic investments and interest-free home financing under Know Interest, and are working to education and aide our Muslim American/Canadian community to live an Islamic life. Both Humza and Hoda were born and raised in North America (Humza in the US and Hoda in Canada), and fully experienced what it is like to live as Muslims in the west, which led them to work to abide by their Islamic principles, despite the pressures to do the opposite.

HOST: HalalBucks.com
EVENT: How we bought a house without interest
DATE & TIME: Sunday, June 22nd at 12:00pm Pacific
FORMAT: Simulcast! (Attend via Phone or Webcast — it’s your choice)
***This Event is OVER, but the recording is available for sales at http://iLoveHalal.com/ ***

Alhamdulillah, because of your support, we have covered 60% of our cost.

So, here is part 1 of the recording.

To get the recording of the event click on the icon below.

If you buy the KnowInterest eBook they are given 50% of the proceed to Iowa flood.

Disclaimer: Consult a professional before you try any of these materials.

LET’S MAKE PEACE WITH OUR PROVIDER

Mar 14th, 2008 by admin | 2

Assalam alaikum,

I’ve been putting off launching HalalBucks.com for various logistical reasons, but br. Zeyad just reminded me that

IT’S TIME TO STOP THE WAR!

Yes, everyday that we deal with Riba/interests, we are actually evoking Allah’s war against us.

يَا أَيُّهَا الَّذِينَ آمَنُوا اتَّقُوا اللَّهَ وَذَرُوا مَا بَقِيَ مِنَ الرِّبَا إِنْ كُنْتُمْ مُؤْمِنِينَ فَإِنْ لَمْ تَفْعَلُوا فَأْذَنُوا بِحَرْبٍ مِنَ اللَّهِ وَرَسُولِهِ

[2:278] O ye who believe! Fear Allah, and give up what remains of your demand for usury, if ye are indeed believers. [2:279] If ye do it not, take notice of war from Allah and His Messenger

Not just that, but every penny that we earn from haram, can block our supplications from being answered.

Just imagine yourself stranded in the middle of a desert, no gas stations, no AAA, no highway patrol, and you raise your hands to ask Allah, and guess what? your supplication is not answered, because of haram income.

Brothers and sisters… Allah didn’t give you Islam so you suffer and limit your wealth. NO, Allah, the most merciful, blessed you with Islam so you succeed in earning halal income, and go to the jannah.

Remember, the one who set the halal and haram, is also the ultimate provider who owns everything.

“But to Allah belong the treasures of the heavens and the earth.” [63:7]

So, brothers and sisters, it’s time for you to learn from the birds, and stop doubting about Allah.

“If you had all relied on Allah (SWT) as you should rely on Him, then He would have provided for you as He provides for the birds, who wake up hungry in the morning and return with full stomachs at dusk.” -At-Tirmithi

In-sha-Allah, in the coming weeks, you will learn how to earn HalalBucks from a group of Muslim experts.

So, LET’S MAKE PEACE WITH YOUR PROVIDER, ALLAH.