Most people treat Eid as the end of Ramadan. Smart investors treat it as the start of their financial year. Here are 3 things worth doing in the next 24 hours. 1. CONFIRM YOUR ZAKAT IS DONE If you calculated and paid your Zakat this Ramadan, great. If not, tonight is the time. A reasonable estimate paid with sincere intention is valid. Do not let the perfect be the enemy of the done. Quick calculation: add up cash + savings + investment portfolio value. If it exceeds roughly $550 USD (silver nisab, March 2026 prices), 2.5% is due. 2. SET YOUR ZAKAT ANNIVERSARY DATE FOR NEXT YEAR Most people recalculate each Ramadan which is fine, but the technically correct approach is your personal anniversary date. If you do not have one, set it today. Write it in your calendar for one year from now. This one small act eliminates the annual scramble forever. 3. MAKE ONE INVESTING DECISION Ramadan tends to be spiritually productive but financially quiet. Now that it is ending, make one concrete move: - No halal account yet? Open one this week (Wahed, Saturna, or a self-directed account with SPUS or HLAL) - Already investing? Top up with whatever you can - Received Eid gifts or have idle savings? Put a portion to work instead of spending it all One decision. Not a full plan. Just one move. Eid Mubarak to everyone here. May your wealth be blessed and your giving multiplied. What is one financial intention you are setting for the year ahead? Drop it below.

With Eid al-Fitr around just days away, Ramadan is when most Muslims with investments need to calculate their annual Zakat. Here is the complete 5-step checklist. STEP 1: CONFIRM YOUR ZAKAT ANNIVERSARY DATE Zakat is due once per lunar year after you've held wealth above the nisab threshold. Most people set their anniversary date at the beginning of Ramadan, but it can be any consistent date. If you don't have a fixed date yet, set one now. Use today as your anchor going forward. Consistency matters more than the exact date. STEP 2: CHECK THE CURRENT NISAB THRESHOLD Nisab is the minimum amount of wealth that makes Zakat obligatory. There are two standards: Silver nisab: 612.36 grams x current silver price Gold nisab: 87.48 grams x current gold price At current prices (March 2026 approximate): Silver nisab: approximately $550-600 USD / £430-470 GBP Gold nisab: approximately $7,500 USD / £6,000 GBP Most scholars recommend using the silver nisab because it is lower and more inclusive. If your total Zakatable wealth exceeds this threshold, Zakat is due. STEP 3: LIST YOUR ZAKATABLE ASSETS Zakatable assets include: - Cash and savings (checking, savings, emergency fund) - Investment portfolio (stocks, ETFs, mutual funds) - Gold and silver you own - Money owed to you that you expect to receive - Business inventory (if applicable) Not Zakatable: your primary residence, your car, your furniture, tools of your trade, pension funds locked until retirement (scholars differ on this last one). STEP 4: CALCULATE ZAKAT ON YOUR INVESTMENT PORTFOLIO Two accepted methods: Method A (simple): 2.5% of total portfolio market value at your Zakat anniversary date. Method B (precise): Calculate underlying Zakatable assets per share (cash + receivables). Musaffa's portfolio tracker automates this for most stocks. You typically pay less Zakat under this method because cash and receivables are usually less than market value. Either method is valid. Method A is more conservative (you pay more). Method B is more precise.

Ramadan is one of the most spiritually focused months of the year. But it's also one of the best times to get your finances in order — before the celebrations of Eid al-Fitr (the festival marking the end of Ramadan) begin. Whether you follow Islamic principles or simply want to make sure your money is working for you with integrity, here's a practical financial checklist for the final days of Ramadan. --- 1. PAY YOUR ZAKAT AL-FITR (FITRANA) BEFORE EID PRAYER Zakat al-Fitr is a compulsory charitable donation (think of it as a "purification tax" on fasting) due from every Muslim who has food beyond their basic needs. It must be paid before the Eid prayer — not after. The amount: approximately $10–15 USD / £8–12 GBP per person in the household (based on the cost of a staple food, updated each year by local Islamic organisations). Who it covers: yourself, your spouse, your children, and any dependants in your household. Where to pay: any reputable local charity or Islamic organisation — NZF (National Zakat Foundation) in the UK, Islamic Relief, local masjid fund. Do this first. It is time-sensitive. Once the Eid prayer starts, the window has passed. --- 2. CALCULATE YOUR ANNUAL ZAKAT ON WEALTH (IF DUE) Most people's Zakat anniversary (hawl — the full lunar year of holding wealth) falls in Ramadan, because Ramadan is when many of us first set a Zakat intention. Zakat on wealth: 2.5% of all Zakatable assets above the Nisab threshold (approximately $900 USD / £750 GBP at current silver prices). Zakatable assets include: cash savings, gold, silver, investment portfolios, money owed to you. For your investment portfolio specifically — two accepted methods: - Method A (simple): Pay 2.5% of total portfolio market value at your Zakat date. - Method B (precise): Calculate underlying cash and receivables per share, pay 2.5% on that amount. Apps like Musaffa automate this. If you've already done this calculation — great. If not, do it this week. Don't defer Zakat past your anniversary.

Zakat on investments: two accepted methods.METHOD 1: Market Value. Pay 2.5% of total portfolio value on your Zakat anniversary date. Simple and widely accepted.METHOD 2: Zakatable Assets. Find cash and receivables per share, multiply by shares owned, pay 2.5% on that total. Musaffa calculates this automatically.For SPUS: check spfunds.com for annual Zakatable assets per share. For HIWS and MWIM: use 20-25% of NAV as a conservative estimate.Nisab threshold is approximately 750 GBP or 900 USD at current silver prices. Zakat is only due after holding wealth above nisab for one full lunar year.Tools: NZF calculator at nzf.org.uk, Musaffa portfolio tracker, or a simple spreadsheet.Ramadan is approaching. What is your biggest question about Zakat on investments?

You've chosen a halal ETF. You're receiving dividends. But are you purifying them correctly? Most investors aren't — not because they're negligent, but because nobody explained it clearly. This post fixes that. RECAP: WHY PURIFICATION IS NEEDED A halal ETF holds companies that pass Shariah screening. But screening isn't binary perfection — some companies have minor non-compliant revenue (e.g., a tech company earning small amounts of interest on its cash). The screens allow companies where this is below 5% of total revenue. However, you as the investor are still receiving a proportional share of that impure income when dividends are paid. The obligation is to identify that impure amount and donate it to charity. This is purification. STEP 1: FIND YOUR ETF'S PURIFICATION RATIO The purification ratio tells you what percentage of your dividend income is impure and must be donated. Where to find it: SPUS: SP Funds publishes the annual purification ratio on their website (spfunds.com). Usually in the range of 1-3% of dividends. HLAL: Wahed publishes purification information in their fund documentation. HIWS: HSBC has historically been the least transparent about this. Check the HSBC Global Asset Management website for the fund factsheet. If you cannot find a specific ratio, use 3% as a conservative estimate, or email HSBC Amanah directly to request the data. MWIM: Invesco — check the fund's annual report or contact Invesco investor relations. As a newer fund, documentation is still developing. Zoya: Check the ETF's profile in Zoya — they sometimes publish or estimate purification ratios. Musaffa: Better source for ETF purification data — their platform often shows purification estimates. STEP 2: CALCULATE YOUR PURIFICATION AMOUNT Formula: Total dividends received × purification ratio = amount to donate Example 1 — Distribution (Inc) shares: You received £600 in dividends from HIWS this year. Purification ratio is 2.5%. Amount to donate: £600 × 0.025 = £15