Aman Amanah

Services to help you be Riba-free

Wealth Distribution

Wasiat, Wakaf, Sedekah, Zakat

Find out more

Wealth Management

Cash Flow Practices As A Muslim

Find out more

Wealth Protection

Permissible Insurance

Find out more

Wealth Accumulation & Enhancement:

Savings & Islamic/Shariah Compliant Investments

Find out more

Wealth Puriication

Dismissal Of Impure Wealth & Also Zakat

Find out more

Wealth Accumulation: Navigating Your Way Towards a Specified Goal

Every one of us will have multiple financial goals throughout our lives. It may be that we want to go on a trip every year, or to have a million dollars by 50. As Muslims, going for Umrah and Hajj is also one of our goals. For most of us, we work towards these goals by saving a portion of our monthly income. We then wait before we accumulate enough to achieve those goals. 

In fact, most of us are missing out on growing these assets. We wish our assets to be secure but missed an opportunity. Some are also uncertain about the halal-ness of such products and instruments and are unwilling, until they find out more. 

Fret not! We are a team of highly specialised experts in the field of Shariah-compliant investments. We can curate a portfolio specified to your unique circumstance, while ensuring that it is fully Shariah-compliant.

Find out more.

Wealth Enhancement: Invest The Ethical Way

Some investments are heavily embroiled in Riba. As one of the major sins in Islam, we have to take steps to ensure that our investments are fully Shariah-compliant. 

We are the Shariah-compliant experts who will help you manage your wealth in accordance with Islamic principles. We understand that each individual has unique needs, so our goal is to provide solutions tailored specifically for YOU!

All of our resources and advice pertaining to the maqasid shariah come from among some of the top Shariah Advisory Boards in this world including AAOIFI, IFSB as well as Bank Negara, Malaysia.

Have a question? We happy to answer them

Wealth Distribution: Ensuring a Smooth Inheritance Process

Why do some families drift apart after the demise of their loved ones?  What are some implications to your loved ones should you fail to plan the distribution of your estate upon your demise?

There are those having the view that faraidh is outdated and unfair.  And they question the relevance of faraidh in these current times. Others thought that they can will away their jewelry and car to whomever faraidh heir they want to. The vast majority also thinks that estate planning and distribution is only relevant to those who are in their retirement phase; this is in fact a very narrow view of estate management.

 The truth is, many of our muslim brothers and sisters are still clueless or confused on the issues of WASIAT, FARAIDH and ESTATE PLANNING INSTRUMENTS in our Singapore context!

Set an appointment with us, or better yet, attend our Islamic Inheritance Course to have a better understanding of the issues.

Wealth Maintenance: Attaining Barakah in Our Lives Through Our Finances

More often when talking about wealth maintenance, we will discuss cash flow. It refers to the delicate balancing of cash inflows and outflows. Without proper tracking of our expenses, it is easy to mismanage our finances.

Another major component of wealth maintenance also includes our assets and more importantly, our liabilities. Most of us in Singapore will have some form of liability in one form or another. 

The questions is then, how do we manage and balance out finance effectively and efficiently? We can help you with that.

Wealth Protection: Safeguarding Our Interests and Those of Our Loved Ones

Singapore is one of the most expensive cities to live in. Yes, indeed this is true, most of us are living with debts ie. housing debt. While we are working hard towards the journey of financial freedom, we tend to overlook wealth protection, which is a crucial aspect of wealth management. Thus, it is a self-duty to ensure that one’s wealth will be secured from losses or degradation in value caused by life’s uncertainties, such as illnesses, dependants’ loss of financial support due to premature death of a breadwinner, legal lawsuits etc. that requires one to use up their savings to pay such costs.

A conventional way of wealth management is using life insurance, medical insurance, critical illness insurance, professional liabilities, and third-party liability insurance are some of the commonly used vehicles. A contract for insurance is one that involves uncertainty (gharar). The insurance contract is seen as haram, or forbidden, because it contains riba, maysir, and gharar. 

Instead, Islamic wealth management uses the takaful contract instead of the conventional insurance. Unfortunately, in Singapore we have yet to have a takaful insurance for our wealth protection needs. 

So how do we protect our wealth then?

Surah Al-Baqarah 275 to 281

275. Those who eat Riba[ 1 ] (usury) will not stand(on the Day of Resurrection) except like the standing of a person beaten by Shaitan(Satan) leading him to insanity. That is because they say: ”Trading is only like Riba ( usury )” whereas Allah has permitted trading and forbidden Riba(usury). So whosoever receives an admonition from his Lord and stops eating Riba(usury) shall not be punished for the past; his case is for Allah(to judge); but whoever returns [to Riba(usury)], such are the dwellers of the Fire – they will abide therein.

276. Allah will destroy Riba(usury) and will give increase for Sadaqat(deeds of charity, alms, etc.) And Allah likes not the disbelievers, sinners.

277. Truly those who believe, and do deeds of righteousness, and perform As- Salat(Iqamat- as- Salat) , and give Zakat they will have their reward with their Lord. On them shall be no fear, nor shall they grieve.

278. O you who believe! Be afraid of Allah and give up what remains(due to you) from Riba (usury)(from now onward), if you are (really) believers.

279. And if you do not do it, then take a notice of war from Allah and His Messenger but if you repent, you shall have your capital sums. Deal not unjustly (by asking more than your capital sums), and you shall not be dealt with unjustly (by receiving less than your capital sums).

280. And if the debtor is in a hard time(has no money), then grant him time till it is easy for him to repay, but if you remit it by way of charity, that is better for you if you did but know.

281. And be afraid of the Day when you shall be brought back to Allâh. Then every person shall be paid what he earned, and they shall not be dealt with unjustly.

“Verily Allah The Exalted is Pure, and accepts only that is pure.” (Hadith recorded by Imam Muslim r.a.)

The Prophet ﷺmay cursed the receiver and the payer of interest, the one who records it and the two witnesses to the transaction and said: “They are all alike [in guilt].” (Hadith recorded by Imam Muslim r.a.)

The Prophet ﷺsaid: “A dirham of riba which a man receives knowingly is worse than committing adultery thirty-six times.” (Hadith recorded by Mishkat)