Imams urged the ummah to be prudent in financial management by reviewing and reorganising personal finances through self-reflection on their expenditure sand lifestyle.
In the Friday sermon, imams said if it is beyond one’s means, then it is crucial to reduce unnecessary expenditure. One should also save money for the future.
Imams also urged the ummah to practice saving for emergencies and avoid incurring
debts.
The religious authorities called upon parents to set an example by instilling a saving habit in their children.
This includes teaching the importance of saving, maintaining a safety deposit box at home or a bank, and cultivating thriftiness.
Imams also urged the ummah to develop essential financial skills by making decisions aligned with Islamic principles, increasing awareness on financial management, improving financial knowledge, maintaining the right attitude towards personal finance and managing money wisely. – Azlan Othman
