Tag: financial planning
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How I Started Investing in Unit Trust and How It Saved My Family
I started investing in unit trust when I was fresh out of university and just stepping into the working world, about 20 years ago. Back then, it wasn’t a consistent habit – more like whenever I had some extra cash lying around. Why? Because I had to juggle between two priorities: saving for emergencies and…
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How My Client Secured Her Family’s Home Without Conditional Hibah
Let me share a story about a client who wanted to ensure her family home stayed with her loved ones without financial complications. Passing on property isn’t always straightforward, especially when faraid and housing loans come into play. Why She Doesn’t Choose The Conditional Hibah Route At first, she considered a conditional hibah for…
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Takaful as a Tool to Relieve the Debts of the Deceased
Takaful: A Practical Solution for Settling Debts After Death When someone passes away, any outstanding debts they leave behind must be paid using their assets, even if it means using up everything. This ensures their obligations are fulfilled before the remaining wealth, if any, is distributed to their heirs. However, if the deceased leaves no…
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Are Unit Trusts Suitable for Emergency Funds? Let’s Break It Down.
Yesterday, I met a friend who’s going through a rough patch in her career – her future feels uncertain, and she’s understandably stressed. During our chat, she shared how a unit trust agent approached her at the café she is currently working at. The agent, initially pretending to need her mobile number for venue bookings,…
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Aliyawanders 