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​"Learn about the inheritance and teach it, for it is half of knowledge."
- Sunan Ibn Majah, 2719
The Purpose of This Book
This book is written for Muslim readers who are exploring the questions:
Do I understand the Islamic principles of personal finance and inheritance?
And how can I thoughtfully apply them while living in the United States?
Understand Islamic Principles
Help readers understand key Islamic principles of personal finance and inheritance.
Plan with Islamic Guidelines
Guide them in thinking through their financial lives in accordance with Islamic guidelines.
Planning Implementation
Share practical considerations and illustrative steps for approaching implementation using commonly available tools under U.S. financial and estate laws.
Inside the Book
A planning framework organized in three parts
to guide your financial and estate planning journey
1
Foundations of Islamic Financial Responsibility & Estate Planning
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Understanding Islamic Principles of Personal Finance
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Structuring Our Finances According to Islamic Guidelines
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Estate Planning During Life
2
Islamic Inheritance Framework
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An Overview of Islamic Law of Inheritance
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Heirs and Their Shares Explained
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What Happens at Death
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Practical Calculations and Case Studies
3
Practical Guidance for American Muslims
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Implementing Your Financial and Estate Plan
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Common Challenges and Mistakes to Avoid
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Charitable Giving and Waqf in Estate Planning
About the Authors
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Saadia Ahmed is the co-founder and Principal Advisor at Kaizen Financial Strategies, LLC. She is a CERTIFIED FINANCIAL PLANNER® practitioner with an MBA in Finance and is passionate about financial literacy and women's financial empowerment.
Iftikhar Ahmed is the co-founder and Managing Partner of Kaizen Financial Strategies, LLC. He is a CERTIFIED FINANCIAL PLANNER® practitioner with a Bachelor of Science in Electrical Engineering and a Master's degree in Information Systems Management.
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