Are you on track to ACHIEVE the goals that you set for yourself? 🙂
Many of us have deviated from our goals. Or at times, totally forgot about it.
Today, I want to share with you 5 steps on how you can maintain your laser beam focus to achieve your goals.
Personally for me, one of my goals is to be debt free by 1st March 2019.
Will I achieve it?
Make Doa for me that I will stay focus and istiqamah to achieve my goal!
And may Allah S.W.T. grant the same to you too!
Amin. Insya’Allah! 🙂
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Today, I want to share with you….
5 Steps To Maintain“Laser Beam Focus”To Achieve Your Financial Goals, The Shariah Compliant Way in Singapore.
These 5 steps are the exact steps that I have taken to maintain my focus to achieve my goals.
And I am confident, it will be useful for you too!
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1. Super Clear and Specific Goals
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First thing first, you need to be clear on what you want to achieve.
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Too many people when I asked them what they want to achieve.
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They gave me vague answers.
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I want to be rich. I want to be happy. I want more money.
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I want to be super fit.
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My personal take on this, unless you are super clear on what you want, it is difficult for you to achieve your goals.You need to be super clear and be as specific as possible on what you want to achieve.
. And then you WORK RELENTLESSLY towards ACHIEVING them.
Myself sharing with fellow financial practitioners on how to guide their clients to set financial goals
Example if you aim to buy a car. so geram that COE prices in Singapore now lowest in 8 years. Just bought mine 2 years ago!!!
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…………….. BE AS SPECIFIC AS POSSIBLE!
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Are you aiming for a new car or a second hand car?
Are you aiming for a Japanese car like Honda Civic Hybrid,
Mazda MX 5-RF , Subaru Impreza 5D, Toyota Alavalon?
Or perhaps a continental car like Mercedes-Benz, BMW, Audi, Volkswagen or Volvo?
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Aiming for a Porsche Boxter is VERY DIFFERENTcompared to aiming for a Chery QQ! 🙂
Segregate your goals into short term goals.
And also long term goals.
When will you like to drive that Porche Boxter?
By end of the year? In 2 years time? Or in 10 years?
Be very specific on them.
And MEASURE your progress.
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2. Belief System
. The 2nd step to maintain “Laser Beam Focus” To Achieve Your Financial Goals
The Shariah Compliant Way in Singapore
is to BELIEVE that achieving those goals that you set for yourself is POSSIBLE.
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Napolean Hill says, “Whatever your mind can conceive and believe, your body can achieve.”
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I agree with Napoelean Hill 100%.
As most of you have known, I am a financial consultant whospecialises in helping Muslim families plan their finance the shariah compliant way in Singapore.
And it is common in my line of work, that I face many skeptics.
Skeptics when it comes to growing their money the shariah compliant way in Singapore.
Deep in their heart, they want to do it. But at the same time, they don’t believe that it can be done in Singapore.
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They told me,
” Islamic Finance is EXPENSIVE. It is only reserved for the rich Arabs.”
“It is DIFFICULT to understand.”
“It is troublesome/leceh/mafan.”
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Before I get anyone to engage me as their financial consultant, I make them BELIEVE first that planning your finances the shariah compliant way in Singapore is POSSIBLE!
Planning your finance the shariah compliant way can be done in Singapore! 🙂
I debunk the myths or their self imposed/self limiting beliefs one by one.
(Powerpoint Slide From a Seminar I Conducted at Singapore Management University)
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I showed them case studies.
Numbers.
Evidences. On how it can be done in Singapore.
I transfer my personal conviction by sharing my shariah compliant investment philosophies, relevant to Singapore’s context.
I told my skeptics.
You have to believe that it is possible.
In fact, I make sure that all my clients are as convinced as me before I agree to partner with them to plan their finances, the shariah compliant way in Singapore.
I turn my skeptics into ambasaddors.
You have to believe and be 100% convinced that your goals are achievable!
Only then, you can make it happen! 🙂
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And of course, when you set goals you gotta to be REALISTIC.
Too many people set a goal that is not realistic.
Deep in their heart that they dont believe they can achieve it.
Every year, set goals and never achieve them.
At last, it becomes a self fulfilling phophecy.
When they set goals, they dont achieve it.
When they set goals, they dont achieve it.
This happens even when the goal involves a super low target. Because it has become a self fulfilling phophecy.
My advice is for you. Touch your heart.
Set a goal that you strongly believe that you can achieve and work relentlessly towards achieving them.
3. Your Surroundings
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Thirdly, you have to take note of your surroundings.
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Your environment.
On the authority of Abu Musa al-Ash’ari, Prophet Muhammad (Peace Be Upon Him) said “A good friend and a bad friend are like a perfume-seller and a blacksmith: The perfume-seller might give you some perfume as a gift, or you might buy some from him, or at least you might smell its fragrance. As for the blacksmith, he might singe your clothes, and at the very least you will breathe in the fumes of the furnace.” Bukhari and Muslim
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You need to maintain a positive circle of family and friends.
Friends who want to see you succeed.
Friends who genuinely feel happy for your success.
One of my business mentors used to say, “If you hang out with 9 losers, you will see the 10th later.”
Be conscious of who you surround yourself with. You need put effort in that.
(Fellow Muslim financial consultants in Singapore at a recent Hari Raya event)
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To become a shariah compliant champion investor has its own set challenges.
Surround yourself with positive minded friends.
Surround yourself with people who are interested in finance. In entrepreneurship.
In personal development.
Especially those who earnestly looking at doing things the shariah compliant way.
No man is an island.
Work together with people.
Encourage each other.
You can go far alone. Your can go further together! 🙂
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4. Eliminate Distraction
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Eliminate distraction.
When you set out your goals, whether you want to clear your riba based loans in Singapore.
Or whether you want to achieve any of your financial goals the shariah compliant way in Singapore.
Confirm + Chop, there will be people who are negative towards your ambition.
They say you are not good enough.
They say you cannot do it.
Doesn’t matter what evidence you provide. What justifications you give. Whatever things you say to convince them. They insist that your goals are impossible to achieve.
Even worse – they try to bring you down.
They membawang spread rumours about you. Some are plain jealous.
What I want you to do is to spend lesser time with them.
Don’t cut off silaturahim.
Just spend lesser time with these people.
You cannot satisfy everybody.
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You know in this world, there is one particular animal.
One insect which only sees shit.
In this world, there are many beautiful things. Flowers. Trees.
But this insect – similar to a group of people – only sees shit.
In their eyes, they only see problems.
My entrepreneur friends term these people as LALAT… or flies.
Don’t bother about them.
Think about your BIG WHY.
Think about your love ones who want to see you succeed.
Kalau orang DOWNkan you. You kena tunjukkan you UP!!!
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I am sorry that I am a bit emotional about this.
I have seen too many good businesses get sabotaged due to envy.
Too many people quit because of what other people say.
My friends, our lives in this world are temporary. We are preparing bekalan for the akhira which is forever.
Timeline of a human being
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Why worry about what other people say?
Why do we want to focus on unnecessary distractions?
Those Who Mind Don’t Matter, and Those Who Matter Don’t Mind!
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Let me share with you what distractions did to me.
I stay in Punggol. And I have an financial advisory appointment with my client at Punggol Waterway Point.
It is just a 5 minutes drive from my home.
Due to many distractions in my mind, I unintentionally drove into an expressway.
To exit and uturn, I had to do it in Tampines.
When I returned back, I got stuck in a traffic jam.
A 5 minutes journey become a 40 minutes journey because of distractions.
What I learnt from here is that if you face distractions, eliminate them.
Stay focused on your goals.
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5. Mentor/Coach
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In life, you don’t have to bet on your destiny.
Don’t have to gamble. Find a mentor.
Find someone who has achieved what you set for yourself
and after you find one.
Sami’na wa atho’na. (Surah Al-Baqarah [2]:285)
Listen. And follow.
What I share with my family and friends, once you find a mentor, just follow him/her.
Be humble.
As long as the strategies shared do not trangress shariah and are Halal, just follow.
Dont argue with your mentor. Dont bicker with him.
Because your mentor can see what you cannot see.
And because we want baraqah ilmu.
We want our mentor to give blessings to the knowledge transferred to his/her murid/disciples.
Mentor will ensure you remain on track. And if you deviate, you will return to back to the correct path.
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I remember a story shared by one of my business mentors.
We all know donkeys.
Donkeys are known as stupid animals. They are usually preys in the jungle.
One day, a donkey went to the jungle…
All the animals were suddenly scared of that donkey.
All the animals suddenly ran away from that donkey.
Why?
Because the donkey walked in with a lion next to him. The donkey made friends with the lion!
When you make friends with a “lion” or a powerful mentor,
You make friends with people with proven successes.
People with credibility.
Your detractors will be nervous.
And as time pass, you will be like your powerful mentors.
And in return, achieve the goals that you are after.
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Follow these 5 steps closely. I doa that you will achieve all the goalsthat you have set for yourself for year 2018.
Amin. Amin. Insya’Allah. 🙂
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Now… If you are seeking a mentor, coach, consultant to share with you practical aspects on how you can save, accumulate and grow your money the shariah compliant way in Singapore, I am always ready to help you.
Myth #1: It is EXPENSIVE. It is only reserved for the rich Arabs.
(Arabic Businessmen enjoying a cup of tea)
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Helmi Hakim’s answer: Not true. You can start investing in shariah compliant funds with as little as $5/day or $150/mth.
Gone are the days where shariah compliant instruments are reserved only for the rich and institutional investors with minimal investment amount of $200,000.
Today, common man on the streets in Singapore can also be a shariah compliant investor, with only SGD$150/mth.
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Myth #2: It is obsolete. It is backward. Some lament that Islamic Finance use ancient strategies. More than 1400 years ago.
Might no longer be applicable today.
Today is modern times. Modern times must use modern investment strategies.
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Helmi Hakim’s answer: Not true.
In reality, Islamic Finance have timeless principles as stipulated in the holy Quran and Sunnah of our beloved Prophet Muhammad (Peace and Blessings Be Upon Him) which are relevant and applicable till the day of judgement.
The pertinent principles (no riba, no maysir, no gharar) haven’t change. The application perhaps have changed.
How we apply the pertinent principles essentially does change over time because the modern financial world and business as we know it today is very different to what happened 1400 years ago.
So essentially the modern financial Islamic Finance industry is about taking those crucial, pertinent principles.
And apply them in the modern context.
No riba. No Maysir. No Gharar. In the context of the 21st Century.
In fact, I can argue that most global financial problems in the world today happens because of Riba (Interest), Maysir (Speculation) and Gharar (Uncertainty).
Be it the subprime mortgage crisis in year 2008, the Asian financial crisis in year 1997, Euro Debt Crisis, 1MDB saga, anything you can think of.
Allah S.W.T. has given us the prescriptions to the global economic ailments in the holy Quran and sunnah of our beloved Prophet Muhammad (Peace and Blessings Be Upon Him). Why don’t we just follow them?
Of course, if I were to lay down everything here, my post will never end.
You can schedule a free consultation session with me to discuss more. Insya’Allah. 🙂
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Myth #3: It is FAKE.
Yek Eleh… They just replace the word “interest” with the word “profits”.
It is still conventional. But just dressed up as Halal.
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Helmi Hakim’s answer: Not true.
Name me any Islamic financial contracts. In essence, all of them are free from riba (interest), maysir and gharar.
Let me explain with a simple example.
Example, I set up a chicken rice stall.
Alhamdulillah.
My chicken rice is delicious.
A lot of customers queue to buy my chicken rice every day.
As a businessman, because I have one chicken rice stall that is so profitable, I want to expand my business.
I want to open up more stalls selling my delicious chicken rice.
Perhaps now my stall is in Tampines.
(Copyright belongs to Google Map)
I want to open one in Punggol, one in Pasir Ris, one in Woodlands, one in Jurong West and one in Somerset.
But, I dont have much money.
So what I do, I become a bond issuer. I approach people like yourself.
You give me $100,000.
I promise you that every quarter, or every half year or perhaps every year, I will give you money.
Regardless, my new chicken rice stall makes money OR lose money, I will still give you money.
The money that I give you is called coupons.
From shariah compliant perspective, the coupons is not permissible because it is still known as interest and essentially riba.
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So how do we do it the shariah compliant way?
Again, I approach you.
This time round, I invite you to be my business partner in this new stall.
You run the stall for me.
I share with you my secret delicious chicken rice recipe.
At the end of the day, we share our profit and loss.
You take 70%, I take 30%. This is allowed from shariah perspectives. In Islamic Finance, it is known as Musharakah.
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For another stall, I approach my friend.
This time round, my friend told me that he doesn’t want to run the stall.
But he wants to be an INVESTOR.
Okay. He contributes $50,000 to my new stall.
This time round, we have an agreeable profit sharing ratio.
Perhaps, I take 70% and he takes 30%.
However, if our business loses money, my friend’s loss will be limited to the $50,000 capital that he contributed.
This is allowed from shariah perspectives. In Islamic Finance, it is known as Mudarabah.
Based on the above example,
I just like to illustrate that the application of Islamic Finance in our daily lives is REAL.
It is not just simply dressing up something that is haram to something that is Halal.
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Myth #4: It is DIFFICULT to understand.
It is too exotic. Too mysterious. Too unknown.
Mudarabah? Murabaha? Musharakah? Ijarah Muntahia Bithambleek?
Very confusing…
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Helmi Hakim’s answer:
Well. The Malay proverb says, “Alah bisa, tegal biasa”.
Anything we do for the first time might feel difficult.But if we do it a lot of times, it becomes easier.
Because it becomes familiar and second nature to us.
In fact, when I first started my journey as a financial consultant in year 2007, I have ZERO educational background in Islamic Finance.
I had Diploma in Accountancy from Ngee Ann Polytechnic.
Sure! You asked me on how to interpret financial statements back then, Insya’Allah, I would be able to assist you.
But you asked me about Islamic Finance, I will stare at you with a blank face.
At that point, I just relied on the Fatwas by MUIS, our religious authority in Singapore. Nothing more than that.
Gradually, I upgrade myself.
I took my degree, Bachelor Of Science (Hons) Banking and Wealth Management with University of Wales (UK).
They have a module on Islamic Finance.
Then, I took an Islamic Finance Certification with Australia Islamic Finance Centre (AUCIF).
Currently, I am studying for my exams, Certified Islamic Finance Executive by Ethica Institute which is based in Dubai.
The point, I am trying to bring across is that we have to start somewhere. A journey of a thousand miles began with the first step. The first step towards the right direction.
Insya’Allah, if we have set our niat right, Allah S.W.T. will guide us, show us the path and make it easier for us.
So, get started! 🙂
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Myth #5: It is troublesome/leceh/mafan.
Make money, make money only lah. Religion should be set aside.
No need to distinguish whether it is Halal or Haram.
As long we can make money, it is for the greater good right? Why need to think too hard?
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Helmi Hakim’s answer:
There are 2 ways of making money.
The shariah compliant (halal) way. And the non shariah compliant way. If you can make money the shariah compliant way, why do it the non-shariah compliant way?
At the end of the day, you still make moneyright? 🙂
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To say that making money the shariah compliant way in Singapore is troublesome is not true at all.
In fact, the basic fundamentals of how shariah compliant fund makes money and non-shariah compliant funds make money is the about the SAME.
The only difference is the underlying assets.
To do it the shariah compliant way, the underlying asset has to be shariah compliant.
No pork. No alcohol. No casinos.
And other pertinent requirements (absence of riba, maysir and gharar) to ensure that the financial transaction and the underlying assets are permissible in Islam. Shariah compliant. Halal wa Thoyibban.
As Muslims, the practise of our beloved religion, Islam covers all aspects of our life.
Family. Community. Business.
To Ibadah. Morals and even areas such as our personal hygiene.
Islam does not adopt a secular model whereby religion plays little or no role in public affairs.
There is no segregation of ‘church’ and ‘state’ as such. Religion and our daily lives goes hand in hand! 🙂
Above are just some myths that I came across when meeting hundreds of Singaporean Muslims out there, to share on how they can plan their finance, the shariah compliant way in Singapore.
If you are looking on the practical aspects on how you can save, accumulate and grow your money the shariah compliant way in Singapore, you can always whatsapp/sms me at 96520134 to schedule a FREE consultation.
Or perhaps click here to schedule an appointment.
You will want to schedule it asap because I can only accomodate 5 slots per week.
Alhamdulillah. I just finished my 2-week army reservist. 🙂
Being in vegetation for a while with combat rations as my food supply, I was deprived of good food.
Many types of food ran into my mind.
Nasi Campur Sinar Cahaya at Pasar Geylang Serai
Roti John Steak Mama Power @ Old Woodlands
Epok Epok Ganja @ 1 Bedok Road
Everything seems so delicious at that point of time! … and then comes, this Nasi Lemak Burger by Macdonalds… 🙂
Okay lah. This is something unique.
Malay food combined with Western Food.
Nasi Lemak combined with burger.
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Never tried before.
So the first thing I did after I outpro and relaxed at home, was to chill at Macdonalds with my wife, sharing a Nasi Lemak Burger.
As I unwrapped my burger… a nice hint of the smell of santan greeted me….
and then out came the coconut flavoured chicken thigh patty, fried egg, caramelised onions, two slices of cucumber and a smear of sambal.
Those who have tried this burger definitely would agree with me, what makes this burger special is the sambal.
The sambal is amazing!
The sweet, spicy cameralised onion sambal is so refreshing, tantalised my tastebuds, and reminded me of the RM1.50 roadside Makcik Nasi Lemak at Johor Bahru.
Sweet, yummy sambal wrapped together with Nasi Lemak in banana leaves and Utusan Malaysia newspaper.
Difficult to find in Singapore, this kind of Nasi Lemak.
Overall, I will give Macdonald Nasi Lemak burger 5/5.
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This Nasi Lemak Burger also serves as a learning lesson for Islamic Finance Practitioners in Singapore.
Nasi Lemak Burger combines the BEST of Malay food – Nasi Lemak – and the BEST of Western food – burgers.
Islamic Finance Practioners can combine the BEST practices in Islamic Financial Planning and Conventional Financial Planning.
Let me explain and give practical examples.
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For Islamic Financial Planning, we save our contingency/emergency funds in Al Wadiah Savings Account.
Alhamdulillah, we know it is shariah compliant because it gives Hibah instead of Interest.
How much to save as contingency funds?
Best practices in conventional finance is to adopt a basic liquidity ratio of 3-6 months.
It means you can have 3-6 months of your monthly expenses in your Al Wadiah Savings account.
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In Islamic Financial Planning, we know in order to buy a house, the shariah compliant way is to use Murabahah, Diminishing Musharakah or Ijarah Wa Iqtina financing facilities.
In the future, once shariah compliant home financing is available in Singapore, we don’t overleverage and immediately
buy properties worth millions of dollars.
Take millions of dollars of shariah compliant financing because it is shariah compliant.
No. We dont do that.
We follow the best practices in conventional finance which is to follow closely this ratio known as, Total Debt Service Ratio (TDSR).
TDSR= Total Debt Yearly Repayment/Annualised Take Home Pay
This ratio measures the proportion of take home income, used to make regular payment of debts.
If it is lower than 35%, means HEALTHY.
It means that there is sufficient take home pay available to service debt repayments.
A ratio of 45% or above for this ratio is generally considered unhealthy and may risk of not being able to service these regular debt repayments.
Follow the recommended TDSR guidelines, even though if the financing facilities are shariah compliant.
Dont overleverage.
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When you invest your money the shariah compliant way for your retirement, you can follow certain personal financial ratio guidelines.
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Savings Ratio = Savings/Gross Income
This ratio calculate the proportion of your income, you set up for savings. You need to save at least minimum 10% of your gross income.
Investment Assets To Net Worth Ratio = Invested Assets/Networth
This ratio compares the value of invested assets with networth.
An individual should have clear targets on accumulating capital for the longer term, excluding investment in the house that you are staying in.
The target is to have sufficient assets accumulated for retirement and other financial purposes.
If it is more than 50%, means HEALTHY.
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Above are just some best practices in conventional finance that I personally adopt to my Islamic Financial Planning services.
If you are looking on the practical aspects on how you can save, accumulate and grow your money the shariah compliant way in Singapore,
you can always whatsapp/sms me at 96520134 to schedule a FREE consultation.
Or perhaps click here to schedule an appointment.
You will want to schedule it asap because I can only accomodate 5 slots per week.
And next week, I will be heading for my long holiday to Oman and Dubai. Insya’Allah.
At times, when I discuss wealth management strategies with my friends, they say it’s difficult to make money the shariah compliant way in Singapore.
It’s easier in Malaysia.
In Indonesia. In Bangladesh. Or in Saudi Arabia.
But not in Singapore.
As a Muslim financial consultant who specialises in helping Muslim families plan their finances the shariah compliant way in Singapore, I am here to debunk such limiting beliefs.
I sum in up with my secret ABCDEFGH formula… I learnt it from my friends, fellow financial practitioners, and then innovate it further to ensure that it is customised and suitable for Muslims in Singapore.
With only the price of a plate of nasi lemak with crispy chicken wing ($5/day),
or $150/mth, you can kickstart your investment plan.
You can start planning your finance the shariah compliant way in Singapore.
Yes… With that $150/mth you can have access to shariah compliant stocks in our shariah compliant fund.
Shariah compliant stocks like….
Apple Inc
Microsoft Corp
Intel Corp
Google
Adobe
Harvey Norman
You DON’T have to fork out hundreds of thousands of dollars to buy shares.
Yes! At a price of a plate of nasi lemak with crispy chicken wings ($5/day)
OR only $150/mth,
you can begin to invest in shariah compliant fund that consists of these shariah compliant stocks. Super affordable right? 🙂
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Better Returns
You and I know that there is this thing called inflation.
It means that the value of your money erodes. Your purchasing power reduces.
Simply to say, your plate of nasi lemak with crispy chicken wings that costs you $5 today, will DOUBLE in price 10 years down the road.
The only logical choice that you have is to invest.
Make your money work harder.
Invest and grow your money to hedge and beat inflation.
And while you are at it, why don’t you do it the shariah compliant way?
Arrange “Your Financial M.A.P.” session at Takaful.sg for FREE.
And I will share with you more of my simple, easy to follow and proven financial strategies, that can help you get an effective PROFIT rate of between 3-5%/annum for an investment time horizon of 20 years.
That is better than leaving your money under your pillow or perhaps for some of you, in
your Khong Guan biscuit tin.
Do it with me.
And do it the shariah compliant way at Takaful.sg
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Coverage
Gone are the days, where when we mentioned coverage, we have to do it the conventional way.
Today you can have Death, Total & Permanent Disability AND Critical Illness coverage, the shariah compliant way.
You can adjust the coverage, that you want.
And the plan comes with a shariah compliant underlying fund.
In addition to that, an aqad contract can be done to remedy Maysir (Speculation) and Gharar (Uncertainty).
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Diversification
With a limited amount of money, you can diversify your funds.
Yes… With that $150/mth you can have access to shariah compliant stocks in our shariah compliant fund.
Shariah compliant stocks like….
Apple Inc
Microsoft Corp
Intel Corp
Google
Adobe
Harvey Norman
You know the old saying, “don’t put your eggs in one basket”.
Again. Arrange “Your Financial M.A.P.” session at Takaful.sg for FREE.
And I will share with you my simple yet effective shariah compliant diversification formulae.
In addition, to the diversification strategies, I shared above.
It is customised specifically for Muslims who live in Singapore.
Schedule a session now! 🙂
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Easy Investment
A lot of my clients invest in stocks.
When I mention invest in stocks, I really mean it.
They do their homework.
They download the companies annual report.
And read the director’s statement.
To understand the companies direction better, they do a SWOT analysis on the companies.
Fundamental Analysis. Calculate the profitability, liquidity and investment ratios….
Vertical, horizontal analysis on the financial statements.
Calculate the intrinsic value of the particular stocks. Immerse themselves with further technical analysis.
100 days moving average, 150 days moving average. Many, many more time consuming researches…
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In the end, I looked at them sympathetically and asked them… “Tired or not???”
Most replied with a look of despair on their face, “Of course tired lah!!”
And I probed them further, “Where do you find time to do all those time consuming research?”
Most replied when they came back home after 10 full hours of office work.
Go back home.
Straight to their computers.
Staring at the screen.
Busy punching numbers into their excel spreadsheets.
Stared hard again at the flickering charts on the screen.
Every. Single. Night. Vicious cycle. And it continues on and on.
I told the, why not choose the easy way?
Dollar Cost Average… Put money monthly every month, and top up when the market price goes down.
Still can make a good, fair share of Halal profits.
And, now imagine.
All the time, you save, from having to spend countless hours of research,
you begin to spend it on your wife and kids,
your love ones.
(Myself with my wife, enjoying ourselves during our honeymoon at Morocco)
That is why I love this formula.
Easy Investment = More Quality Time With Your Love Ones = Happier, Blissful and More Fulfilling Life
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Flexibility
You can choose to take premium holiday.
Meaning today you start with the shariah compliant investment plan.
In the future, if unfortunate circumstances, cause you to be financially tight, you can stop paying the premium for a while.
And resume back when you are financially OKAY.
You can also adjust your premium accordingly.
Now you start your shariah compliant investment plan @ $200/mth.
In the future, when your pay increases, you can always increase to $500/mth or vice versa.
Super flexible right? 🙂
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Great Support System
Let me share with you a little secret.
Almost half of my clients who engaged me for shariah compliant investments have finance training background.
They either have a Diploma or Degree in Accountancy/Finance.
Or professional certifications like ACCA etc2.
The reason why they choose investing with me, is because of Great Support System.
We leverage on the expertise of professional fund managers.
Remember the scenario I shared above.
Today, you screened a stock, and you deemed it shariah compliant.
Another 6 months down the road, the stock may no longer be shariah compliant.
Because shariah compliant is not just “No Pork, No Lard”.
There are certain financial ratios that we have to abide to.
Where can we find TIME to analyse it every single month?
Precisely. Leverage on the expertise of professional fund managers.
There is so much, I have to share on the beautiful part of Great Support System.
But I will not divulge it here in my blog. Because some of them are my trade secrets.
Trade secrets that differentiate me from the rest of the 20,000 financial consultants in Singapore.
Arrange “Your Financial M.A.P.” session at Takaful.sg for FREE.
And I will share with you how you can benefit personally when you engaged me as your financial consultant.
Your partner to help you grow your wealth, the shariah compliant way in Singapore.
Insya’Allah. 🙂
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Halal
There is really a lot of strategies for you to earn your money.
No point make money, when it’s not Halal. Your rezeki is everywhere.
In the subsequent blog post, Insya’Allah, I will share with you in greater detail on shariah screening methodologies that is currently used in the world.
For now, we stick with these simple, yet powerful formula.
So, next time, if anyone tell you that it’s difficult, to plan your finance the shariah compliant way…
Tell them this simple, yet powerful ABCDEFGH secret formula.
See you around soon. Jazakallah Khayran! 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
A certified financial consultant, Helmi Hakim has won praise for his patience, perseverance and practicality when solving his clients’ financial concerns. For more information on how you can manage your finances better, contact Helmi Hakim at 96520134.
