Personal Finance

NFTs give you something that can’t be copied. Not a picture itself (anyone can take a screenshot). Here we’re going to use art as an example, because its most common nowadays, but NFTs can be used for real estate, contracts, and a number of other things. NFTs are a digital means for proving the ownership of an asset, like your car’s title proves you own it. Add to that with an NFT, you can also track who has owned that digital asset in the past and what was done with it, just like getting a Carfax tells you the history of your car’s sale and repair.

There are three situations in the market currently where they use the word “staking” but mean something different each time. You need to learn what’s being *done* instead of just relying on the words used.

It’s not that hard and its not impossible to build a halal retirement portfolio. Follow these simple steps.

Lots of people ask me year after year, “I’ve paid my Zakat, is it wrong for me to claim a tax deduction? Am I benefiting from my charity by taking a tax deduction?”

In this video I answer the question “Can I claim a tax deduction for paying my zakat?”

Working with a non-profit client this morning, we reviewed their giving policy and services. Because previously the org tried to do *everything* for everyone, they essentially limited the funding they could secure. Why? Because it was that much harder to define exactly what they do and who they serve. Mission creep is a huge issue in non-profits. The assumption is that by doing less you somehow are less. That can’t be further from the truth. Do less, be more, and earn more. It’s all possible.

A questioner writes asking: “What is the Islamic legal characterization (fiqhi takyeef) of a gift card? Do the rulings (Ahkam) of currency exchange apply to a gift card? Ex: Can i sell 100 dollar gift card for 90? Would that be impermissible because of inequality?”