In Islam, wealth management is not just about securing one's own future but also about ensuring that future generations are protected from haram sustenance. Prophet Muhammad (PBUH) said, "It is better for you to leave your heirs rich than to leave them poor, begging others for help." (Bukhari)
For UK based Muslims, halal financial planning is essential to fulfilling this duty. Islamic inheritance planning, which involves preparing a legal will that is consistent with Shariah principles, can help ensure that wealth is distributed fairly among family members.
Halal investing is also an important component of financial planning for UK based Muslims. Quranic teachings emphasize the importance of earning a lawful income and avoiding transactions that are prohibited in Islam. Allah (SWT) says, "O you who believe, do not consume one another's wealth unjustly but only in lawful business by mutual consent." (Quran 4:29)
At Al-Ameen Wealth Managers, we offer a range of services to help UK based Muslims protect their financial futures, including halal mortgages, pension planning, and inheritance tax planning. We work with our clients to develop customized financial plans that align with their unique needs and goals, and that prioritize ethical and sustainable investing practices. By taking a proactive approach to halal financial planning, UK based Muslims can safeguard the financial futures of their loved ones and create a lasting legacy that aligns with their values