Holistic Financial Planning
Holistic Shariah financial planning is designed to help you create a plan that covers the individual parts of your financial life while ensuring that they all work together. The components of Islamic financial planning should include, but not limited to these areas: wealth generation, wealth protection, wealth accumulation, wealth purification, and wealth distribution.
Takaful & Risk Management
Among other things in Takaful is the approaches in risk sharing and its principles, which includes general requirement, credit risk, equity investment risk, market risk, liquidity risk, rate of return risk and operational risk. These aspects are important in the area of financial planning as they represent the driving components in the advice and recommendation.
University Education Planning
Education is the foundation stone for a child’s future security. While every parent wants to provide their children with the best of opportunities, other expenses sometimes take precedence. Sending your child to college in today’s times requires planning, strategizing, and investing in the right kind of funds. It needs a well thought of timeline and adequate revision and recalculation along the way.
Halal Investment Planning
The laws of Islam are divided into laws for various areas needed by individuals and society in life. The principles of investment that are used in Islamic finance are based on Islamic teachings related to the mu’amalat. It deals with the philosophies of Islamic finance, sources and types of laws in Islam and the considerations that need to be observed for investments to be considered Shariah.
Tax & Zakat Management
Tax planning is the analysis of a financial situation or plan to ensure that all elements work together to allow you to pay the lowest taxes possible. In addition, zakat paid can be used as a measurement of one’s wealth in life and in the hereafter. It also ensures the distribution of wealth between the rich and the poor. Tax and zakat management is vital in financial planning as it helps you to save.
Shariah Estate Management
The first object of the distribution of wealth is that it would be the means of establishing in the world a system of economy which is natural and practicable. Estate planning for Muslims involves property and asset distribution through wasiat or hibah and faraid in compliance with Syariah Law and its principles. It often involves the preparation of a wasiat with an understanding of faraid.
Personal Testimonials
ASWA Advisory has provided me an unbiased comprehensive financial planning report.
Khairul Azahar
The tax and zakat management planning proposed by the firm has helped me in managing my cash flow.