SAFE Notes, Convertible Notes, and Startup Equity: A Shariah Assessment If you invest in startups, work in one or have founded one, you likely hold equity that exists only on paper: a SAFE note, a convertible note, stock options, or unvested shares. Before asking when zakat is due on any of these instruments, the prior […]
SAFE Notes, Convertible Notes, and Startup Equity: A Shariah Assessment Read More »
Zakat Before Liquidity: SAFE Notes, Options, and Unvested Shares The permissibility of SAFE notes, convertible notes, and equity compensation arrangements is addressed in Part 1 of this series. This article addresses a separate question: when do these instruments become liable for zakat, and on what basis does zakat remain deferred before that point? The Condition:
Zakat Before Liquidity: SAFE Notes, Options, and Unvested Shares Read More »
Calculating Zakat on Startup Equity: The CRI Method and the Liquidity Event Parts 1 and 2 of this series addressed the permissibility of startup equity instruments and the conditions under which zakat is deferred before a liquidity event. This article addresses two remaining questions: how to calculate the base of assets liable for zakat when
How to Calculate Your Zakat: A Complete Step-by-Step Guide Zakat is assessed at 2.5% of surplus wealth held for one complete lunar year above the nisab threshold. The rate and the principle are simple. The practical difficulty lies in identifying which assets are zakatable, applying the correct methodology to each asset class, determining which debts
How to Calculate Your Zakat: A Complete Step-by-Step Guide Read More »
Zakat on Retirement Accounts: A Complete Guide For many Muslim families in North America and beyond, the largest concentration of wealth sits inside a retirement account. Whether that balance counts for zakat — and how to calculate it if it does — depends on a single principle that the classical tradition is clear about. This
Zakat on Retirement Accounts: A Complete Guide Read More »
SAFE documents are not loans. They are warrants for future equity. The structure found in the SAFE agreement is permissible and offers a viable, interest-free solution to early stage funding for Shariah compliance minded investors.
Is SAFE document Equity Conversion Shariah Compliant? Read More »
ne of the most pressing concerns for all parents is their child’s future.
Many of us live in single-family homes, have only one breadwinner in the house, relatively small savings, and limited social network to rely upon.
How do we secure our families future in the face of adversity?
3 Powerful Ways to Secure Your Children’s Future (If You Die Early) Read More »
In this article we explore two forms of dispute resolution, arbitration and reconciliation, under Islamic law. This is a follow up to two previous articles where we discussed defamation as a case brought to court, as well as how Islamic courts operate. There will be two more followups to this article, inshallah that you can read about at the end
Two Men Enter: Arbitration, Reconciliation, and What Can Be Kept Out of Court Read More »
Estate planning is the act of planning your estate, i.e. what happens to your property after you die and who cares for your loved ones. With an estate plan, you get to say who gets what, when they get it, and who should look after the ones you care for when you are gone.
Having a will is part of an estate plan, but it is not the only part]
What is Estate Planning? Read More »
What We Will Cover In This Seminar:
Finance in the US. Buying a Home.
Why you need a financial plan.
Major purchases, investments, and debt.
Home Financing Seminar – October 29th Read More »
