Islamic financial planning: towards sustaining the financial wellbeing of Muslim families in Malaysia post Covid-19

• Main Authors: Mohd Yusoff, Zarinah, Engku Ali, Engku Rabiah Adawiah, Zakariyah, Habeebullah
• Format: Article
• Language: English
• Published: İLKE İlim Kültür Eğitim Vakfı 2021
• Subjects: BPH Islamic Economics; BPH531 Zakat; HG3368 Islamic Banking and Finance; HG8719 Islamic Insurance Takaful
• Online Access: http://irep.iium.edu.my/90389/7/90389_Islamic%20financial%20planning%20towards%20sustaining%20the%20financial%20wellbeing%20of%20Muslim%20families.pdf; http://irep.iium.edu.my/90389/; https://www.tujise.org/content/7-issues/16-special-issue-06-2021/9-a2380/tuj2380.pdf

Prior to the Covid-19 pandemic, it was reported that over 60% of the people in Malaysia only have enough savings to last them for less than 6 months in the event of loss of income. It is also reported that only 10.8% of urban Malaysian households have enough savings to withstand ‘financial shocks’...