One way to welcome the Islamic New Year is to prepare yourself better. You can start by managing money according to sharia principles.
Concept of Holding Money in Islam
According to Rista Zwestika Reni, CEO & Founder of Finante.id, there is a concept of holding money to hold in Islam, namely that we save money with the aim of being on guard not hoarding it.
The priority of holding money in Islam is aimed at fulfilling obligations first, including surviving, debt and nazar. After the obligations, the next priority is sunnah with the scope of infaq, sadaqah and wakaf. After obligations and sunnah, money can be used for mubah, such as trade and cooperation. The last priority is makruh, namely the need for luxury goods.
Manage Money According to Sharia Principles With Wadiah and Mudharabah Akad at Jago Syariah
Apart from being more blissful because you can manage your finances according to sharia principles, with Jago Syariah you can have multiple bank accounts for savings, expenses and investments in 1 application.
1. 20 Saving Pockets for 20 savings with Wadiah Yad Dhamanah akad
You read that right, Jagoans, at Jago Syariah you can have 20 savings. So, finances can be more organized and financial goals, alhamdulillah, can be achieved according to the target.
Do you want to separate qurban savings, savings to buy a smartphone and savings for next year's halal vacation? Create 3 different Saving Pockets so that the funds don't mix.
And, of course, the Saving Pocket is in accordance with sharia principles because it uses Wadiah Yad Dhamanah akad without interest.
2. 20 Spending Pockets for 20 types of expenses
Apart from setting aside money regularly for savings, you also need to manage expenses properly. Because there are various types of expenses, to make them easy to manage you can use the Spending Pocket.
Just like the Saving Pockets, you can create up to 20 Spending Pockets to separate your daily expenses, paying bills, snacks at the office, monthly online shopping, transportation costs, streaming services, self-rewards, and many more.
And, you can make payments directly from each Spending Pocket as each Pocket has its own account number. So it's more practical because you don't need to transfer money to the Main Pocket first.
The Spending Pocket also uses Wadiah Yad Dhamanah akad without interest and can be linked to QRIS Jago Syariah and Jago Syariah Visa Debit Card for non-cash payments.
3. 20 Sharia Deposit Pockets for long-term financial goals and investment purposes
Do you have financial goals that take quite some time to achieve or want to start trying to invest to secure the future?
The Sharia Deposit is the right choice. Using Mudharabah Muthlaqah akad that offers the distribution of competitive profit sharing, the Sharia Deposit makes it easier for you to become better at achieving your long-term financial and investment goals.
You can have emergency fund savings, Umrah and Hajj savings, as well as savings to buy a house and a car in the form of Sharia Deposits.
Don’t worry if you suddenly need emergency funds in the Sharia Deposit. Free of penalties or fines for early disbursement and offering proportional profit sharing, that is part of the benefits of saving money in the Sharia Deposit.
Time to save, invest and manage expenses more reliably and worry-free with Jago Syariah.
Download the Jago application here for those who don't have it yet, then complete the Jago Syariah account registration from anywhere and anytime.
