Your Feedback: What Is Your Biggest Money Problem?

We’d like to get some feedback from you to see how we can serve you better.

Our ultimate goal with this project is to increase education for the Muslim community about personal finance. In that respect, we’d like to know what your biggest money issue is. What are you struggling with, what barriers are you facing? What can we provide that would help solve your #1 problem?

You can email us back, leave a comment on the website, or tweet or Facebook us – or take our survey. Either way, please give us your feedback to help us better serve you.

Omar Usman

Omar Usman is a founding member of MuslimMatters, Qalam Institute, Muslim Strategic Initiative, and Debt Free Muslims. He is a regular khateeb and has served in different administrative capacities in various national and local Islamic organizations. You can follow him on Google+ or on Twitter @ibnabeeomar. Check out his latest project at Fiqh of Social Media.

One Comment

  1. UH
    September 23, 2013

    ASA – looking for some guidance and wanted to ask what you think are my options…

    Situation: Hamdillah have a house that is debt free (gifted from parents) … accountant (family friend) told us that it could be done tax free … we went ahead with it and then Canada Revenue Agency (CRA – Canada tax authority) came back and told me that I owe them ~$60k (they are correct – the accountant was wrong).

    Issue: I dont have $60k to pay them but they are willing to set me up on some payment plan which naturally involves interest (higher rate than market). I approached six of the islamic mortgage providers and none of them are willing to use a debt free house worth $350k for a $60k loan. My options are either a) dont pay CRA anything (not an option being entertained), b) pay CRA per their payment plan but get charged higher interest rate, or c) get a loan from a conventional bank at a lower rate then what CRA is charging me and then pay the bank loan off (still have to pay interest though).

    Please offer your suggestions…

    Wasalaam,

    Brother trying to avoid interest

    Reply

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