A Shariah Adviser is a professional financial planner whose recommendations are based on Islamic values. Some of the key principles to remember when choosing a financial planner include: It is important to work with a qualified financial planner who has experience in the field.
Make sure your financial planner is trustworthy and reliable. Ask other Muslims you know if they have any recommendations for a financial planner. Make sure you are comfortable with the advice and suggestions your financial planner offers. If you want to get started planning for your financial future, but don't know where to start, we can help
A financial planner is a professional financial planner whose recommendations are based on Islamic values.
A financial planner is a professional financial planner whose recommendations are based on Islamic values. Shariah is a code of conduct for Muslims and is based on the Quran and the Sunnah, which are the teachings of Prophet Muhammad. Shariah guides Muslims to live a life that is pleasing to Allah.
Some of the key principles to remember when choosing a financial planner include:
- Make sure he or she is qualified.
- Ensure that the planner is trustworthy.
- Confirm that you are comfortable with the advice given to you.
- Know what you are getting into, and make sure it aligns with your values and goals.
It is important to work with a qualified financial planner who has experience in the field.
If you are looking for a shariah financial planner, it is important to work with one who has experience in the field, as well as a minimum of a bachelor's degree in Islamic studies or a related field.
Make sure your financial planner is trustworthy and reliable.
- Check the credentials of your potential shariah financial planner.
- Ask for references and check them out thoroughly.
- Ask for a trial period, if possible.
- Make sure there is a fee schedule that you can actually afford in writing, with no hidden costs or surprises later on (this should include any fees they charge).
- Get a list of services they provide and those they don't provide so you know exactly what you are getting and what you're paying for before hiring them.
Ask other Muslims you know if they have any recommendations for a financial planner.
If you don't know anyone who has used a financial planner, you can ask other Muslims in your community for recommendations. You could also ask your local imam or mosque officials if they have heard of any good financial planners in your area.
Other sources to try include:
- Local Islamic centers and Islamic organizations (including university-based ones)
- Your local Islamic council
Make sure you are comfortable with the advice and suggestions your financial planner offers.
As with any type of adviser, it is important that you are comfortable with the advice and suggestions your financial planner offers. You need to feel confident in the person giving you advice and trust them as well.
In addition, your financial planner should be able to provide references from clients who are satisfied with their services. If they cannot do this for whatever reason, then it could be a sign that something isn't quite right about their business practices or reputation within the community at large.
What is a Shariah Financial Planner?
A financial planner is an independent professional who creates customized financial plans that meet Islamic law (Shari'ah). They specialize in both traditional and non-traditional investments like real estate and venture capital. The main purpose of a shariah financial plan is to help individuals gain access to Islamic finance products that align with their religious beliefs. These products offer a different set of benefits compared with conventional options such as credit cards or loans because they abide by certain rules which can be confusing if you’re unfamiliar with them.
A financial planner can guide you in areas of personal finance including savings, investments and estate planning. This can include:
- Retirement planning
- Tax planning
- Estate planning
Conclusion
We hope this article has helped you learn more about the role of a shariah financial planner. If you're looking to start planning for your financial future, contact an expert.
Source: Everything You need to know about shariah financial planner
