Publication:
Islamic Wealth Management For Low Net Worth Individuals (LNWI): A Social Business Approach

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Islamic Wealth Management For Low Net Worth Individuals (LNWI).pdf (253.71 KB)

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2020-10-15

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Universiti Sains Islam Malaysia

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Abstract

Financial planning and independence are commonly reserved for the middle- and upper-classes of the society. Islam recognizes several methods to alleviate the burden of the poor, mainly through financial assistances in the form of alms, endowments, and charity. Without financial literacy, however, the poor may not benefit from these supports effectively. Therefore, this paper proposes wealth management for the poor via a social business approach. This initiative could become an alternate solution to reduce poverty.

Description

3 rd INTERNATIONAL SEMINAR ON ISLAM AND SCIENCE 2020 (SAIS 2020) COVID-19: IMPLICATION, IMPACT AND SOLUTION Date: 15 October 2020 Organized by: Persatuan Kakitangan Akademik USIM (PKAUSIM) In Collaboration with: International Halal and Fatwa Centre (iFFAH) & Fakulti Syariah dan Undang-Undang (FSU)

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Islamic wealth management, social business, financial independence, poverty.

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https://oarep.usim.edu.my/handle/123456789/18385

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2020 SAIS