Financial Education 02

Personal financial planning is one of the important tasks every individual and family should consider working on. It helps understand the current financial position of an individual or a family and identify future goals and objectives in the short and long run. It also involves preparing a detailed financial plan to be able to reach those objectives. American Muslims need getting involved in financial planning like any other family. However, it is even more true for immigrant Muslims who would be careful in selecting financial products and financial institution that fulfil religious rules on financial transactions.