By Ilana Polyak
September 7, 2014
Shortly before the start of Ramadan—the Muslim holy month, marked by sunrise-to-sundown fasting, which fell in July this year—the calls to Naushad Virji’s office started. His financial-planning clients were ready to make their large yearly donations to the poor, a practice called zakat.
Many prefer to do so during Ramadan, believing that acts of kindness are multiplied at that holy time. They needed Virji’s help in calculating the appropriate amount, as Islamic law, or Shariah, obligates them to give 2.5 percent of their income. “We help them calculate that,” Virji said…
Check out the full article here: https://www.cnbc.com/2014/09/05/muslim-advisors-help-observant-clients-invest-the-islamic-way.html