Aligning your wealth with your faith for a prosperous and purposeful life, both here and in the hereafter.
Financial planning is the process of setting goals, developing strategies, and making informed decisions to manage your financial resources effectively. It's about creating a roadmap to navigate life's financial journey, from managing daily expenses to planning for major milestones like retirement, education, and leaving a legacy.
A solid financial plan provides clarity, confidence, and control over your financial future, helping you protect your assets and achieve your dreams.
For Muslims, financial planning transcends mere worldly goals. It is an act of worship and a fulfillment of our role as stewards (khalifah) of the wealth Allah (SWT) has entrusted to us. Islamic financial planning is rooted in Shariah principles that emphasize ethical earning, responsible spending, purification of wealth through Zakat, and avoidance of Riba (interest), Gharar (uncertainty), and Maysir (gambling).
Muslims also have a special approach to estate planning that requires a modified approach to advance directives, inheritance distributions, wills, and trusts.
At Zaki Financial, we offer tailored planning services to meet your unique needs, ensuring every recommendation is rooted in Islamic principles.
A holistic, in-depth analysis of your entire financial life, from investments and retirement to estate planning and Zakat calculation.
✓ Full Financial Assessment
✓ Halal Investment Strategy
✓ Retirement, Tax, Insurance, Charitable & Education Planning
✓ Islamic Estate & Inheritance Plan
$1,000 - $2,000
Based on complexity
Targeted advice for a specific financial goal, such as creating a Shariah-compliant investment portfolio or planning a major purchase.
✓ Retirement, or Education, or Estate Planning
✓ Portfolio Review & Allocation
✓ Debt Management Strategy
✓ Business Planning
$250 / hour
Consultation-based
A modern, technology-driven approach to get you started with an automated AI-driven planning
✓ Low-Cost
✓ Tailored to questions and answers but not personalized
✓ Automated Plans
✓ Easy Online Access
Budget/Saving or Tax or insurance or Education or Charitable Planning $29
Retirement Planning $49
Create an emergency fund
Create a budget
Optimize your cash flow
Pay off debt
Save for financial goals
Creating a personalized investment strategy
It should align with the individual's financial goals, risk tolerance, and investment preferences
Allocation between different investment types
Diversified and balanced investment portfolios
Specific, Measurable, Achievable, Relevant, and Timely (SMART)
Can be short-term goals, such as reducing debt, marriage, buying a home, hajj, or others
They can also be long-term goals, such as saving for retirement, education, paying off a home, having a charitable legacy, or passing on an inheritance correctly.
The ultimate goal is to achieve greater financial stability and security.
Setting retirement goals
Retirement age,
Expected living expenses
Sources of retirement income
Potential investment strategies to maximize your returns
Subjecting your retirement income to different stress tests, such as changes in inflation, investment performance, health, and life expectancy.
For you or your children higher education.
Calculating the future cost of college and graduate schools
Calculating how much how long you need to save now
College savings accounts
Scholarships and grants
Student loans?
Finding the most tax-efficient strategies
Tax-advantaged retirement accounts
Maximizing tax deductions and credits
Structuring your investments to minimize taxable income
Income deferral strategies
Reducing tax during retirement
Extremely essential for every Muslim living outside a majority-Muslim country
Children guardianship
Ways to distribute inheritance Islamically: will vs. trust
Protection for wife, children, and special needs
Protection from dispute, spending, divorce, and creditors.
Power of attorney in case of incapacity
Medical advance directives with Islamic consideration
Maximize the impact of your charitable giving
Minimizing your tax liabilities
Donating appreciated asset
Donor-Advised Funds
Qualified Charitable Distributions
Charitable trusts
Endowment
What insurance do you need? Auto, home, umbrella, health, disability, long-term care, or life
How much insurance do you need
The right insurance policies
Islamic considerations