Ummah Reads
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Crescent Ummah Reads blog is where we share with you an exciting world of information on ethical Islamic investment. Including news, inspirational stories, tips, and strategies to boost your superannuation.
Ummah Reads
2y ago
Smoking stretches across Australia. In a 2019 survey, 11.6 per cent of Australian adults said they smoked at least once a day. The daily smoking rate is going down, but plenty of people still intake tobacco.
One reason is the versatility of tobacco smoking. Hookah, shisha, narjeela, arghile, goza, and Hubble Bubble are very popular. If you want to quit, you have to learn the facts.
What exactly is hookah smoking? Why is it so devastating to the body? What can you do to quit and deal with your withdrawal symptoms?
Answer these questions and you can abandon smoking for an ethical and f ..read more
Ummah Reads
2y ago
If you have additional cash and want to boost the savings you need for retirement, you can make a tax-deductible superannuation contribution. This is one of the best ways to get a big return on your investment.
You read right. With tax-deductible superannuation contributions, you’ll be able to increase your super while sweetening the deal with a tax deduction. However, like with any financial activities related to your super, there are rules and limits to how generous the government is.
First of all, if your employer makes a super contribution on your behalf, you won’t be able to claim a tax ..read more
Ummah Reads
3y ago
Johnson & Johnson (JNJ) is the world’s largest and most diversified healthcare company
Engaged in the research and development, manufacture and sale of a broad range of healthcare products. The company’s primary focus is on products related to human health and well-being. It is organized into three business segments, which include Consumer, Pharmaceutical and Medical Devices.
The Consumer segment includes a broad range of consumer health and personal care products in the beauty, baby, oral care and women’s health categories, as well as nutritional products and over-the-counter medic ..read more
Ummah Reads
3y ago
It is the time of the pilgrimage. Nearly 2.5 million pilgrims went to Mecca for Hajj during 2019.
But that number stands for a small fraction of Muslims who participated in Dhul Hijjah. The month is an important occasion for religious performances all over the world, not just in Mecca. To celebrate this special time, you need to answer some questions.
What exactly is Dhul Hijjah? What virtues should you embody during this time? What practices can you follow, and how can you schedule your day to get to all of them?
Answer these questions and you can spread goodwill for all people. H ..read more
Ummah Reads
3y ago
Have you ever heard of Eid? Maybe you’ve seen Muslims celebrating or heard about the end of Ramadan and wondered what exactly is going on. You’re not alone!
Muslim holidays are very important to the people who practice them. If you have any Muslim friends or coworkers, it is a nice idea to learn a little about their traditions. The Eid holidays are not confusing, but they can be different from what you’re used to, as most of them centre around religious aspects.
That’s where we come in. We know the importance, history, and meaning of Eid. Keep reading to learn everything you need to know abo ..read more
Ummah Reads
3y ago
Did you know that 53% of SMSF fund members are men and 47% are women? Regular investment into a superannuation fund is essential for retirement planning, no matter your gender.
If you have been considering whether an SMSF (self-managed super fund) might be the right choice for you, this article examines the main advantages and disadvantages of managing your own super fund.
While SMSFs can give you more control over your investments and carry certain tax benefits, the downside is that they require a lot of time, knowledge and risk management. This can take the shine off ..read more
Ummah Reads
3y ago
In 2019 there were around 2.5 million pilgrims who performed Hajj. However, last year 1,000 pilgrims based in Saudi Arabia were permitted to pilgrimage. But are there COVID-19 restrictions this year?
Maybe you remember the pictures of the Hajj in 2020. It featured in news outlets around the world, a symbol of the changes the pandemic brought. This year, there are also some changes.
Hajj 2021 begins the evening of Saturday 17th to the evening of Thursday, July 22nd. The Hijri date is 7th Dhul Hijjah, 1442h, to 12th Dhul Hijjah, 1442h. Usually, many f ..read more
Ummah Reads
3y ago
Islam and the Internet go hand in hand. According to the Tabah Foundation, 37 percent of Muslim Internet users visit the websites of scholars and Islamic institutes every week.
The Internet, and everything digital is becoming a great resource for Islamic apps. Aussie Muslims can download several apps on a wide range of topics. But the incredible number of apps for Muslims makes it hard to know which ones to choose.
What are the best apps for learning about the Quran? What resources are available for halal dining? Are there any apps for buying modest clothing or finding Muslim romantic par ..read more
Ummah Reads
3y ago
Are you interested in upping your investments? Perhaps you’re a beginner Muslim investor who’s looking to diversify their portfolio with some wise assets.
But have you considered that the very stocks, bonds, and industries you’re investing in can be regarded as haram? It is essential to ensure that all your investment and wealth creation opportunities are compliant with shariah law.
While it can be daunting to consider all your investments and ensure they are socially responsible, ethical, and Islamic law compliant, do not despair.
In this article, we share the principles of halal in ..read more
Ummah Reads
3y ago
Are you worried about having a secure future? Does setting up a halal super seem impossible? Fortunately, you can find investments that comply with Islam, but are apps like Afterpay a good fit?
Before you put your money into any investment fund, make sure it’s not haram. Buy now pay later apps may be growing in value, but that doesn’t make them good investments.
Read on to learn more about these apps and why you shouldn’t rush to add them to your super.
Basics of Islamic Finance
One of the most significant financial concepts in Islam is riba, which requires a transaction to have an ..read more