The Daily Dinar

Finance, business and money matters from a Muslim perspective

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Entries from April 2007

Engtech: 14 Tips to Get More Done in Less Time

April 30th, 2007 · No Comments

//Engtech have an excellent list of tips to help you get more done in less time. It’s all worth reading and valuable, but our favourite is number three — use technology efficiently — as it is something that is often overlooked in many of these sorts of lists that one sees. And when […]

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Tags: Tools

Weblo Real Estate: Building Castles in the Sky?

April 28th, 2007 · No Comments

Want to buy Mecca? Well, that will be $1,000. Dubai? That will be a bargain at just $50,000.
This is Weblo, supposedly one of the hottest trends on the internet at the moment, self-describing itself as monopoly on steroids. Created by Rocky Mirza, the site allows users to buy, sell and develop […]

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Tags: Investing · Real Estate

Getting Things Done (By Other People)

April 27th, 2007 · No Comments

The Wall Street Journal have a piece about building an e-commerce website and how costs might be kept down for startups or businesses just entering the marketplace.
Hiring a Web developer to build an e-commerce site from scratch can cost at least $5,000, and often far more. But there are cheap alternatives for those […]

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Tags: Business

Find great deals on ebay

April 23rd, 2007 · No Comments

If people misspell words on ebay they will often not appear in user searches. For example, a person might list an Apple Eyepod instead of an Apple Ipod. As a result, these auctions don’t attract the same degree of attention as those with correctly spelled named: people just can’t find them. This […]

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Tags: Bargains · Tools

How to calculate the nisab of zakat

April 19th, 2007 · No Comments

Calculating the nisab of zakat can be confusing. Islamic Law, etc have published simple instructions to make it much easier for Muslims to work out whether they must pay zakat on their savings.

Gold and Silver are sold in Troy ounces.
one gram equals 0.03215 troy ounce
Let the daily bid price be P
Let the Nisab […]

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Tags: Islam

The Virginia Tech Tragedy

April 19th, 2007 · 1 Comment

Our thoughts and prayers go out to all those who lost loved ones in the Virginia Tech massacre. Each and every lost life is a tragedy.
There was, among the victims, a young Muslim graduate student named Waleed Shaalan. Muslim Matters have a tribute post for people to post their condolances and Tariq Nelson […]

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Tags: Uncategorized

How To Organize All Of Your Financial Documents In A Filing Cabinet

April 18th, 2007 · No Comments

The Simple Dollar have some excellent advice on how to organise your filing cabinet. This is well worth reading.
After you’ve organised your filing cabinet, Seeking Alpha have some advice for you on which financial documents you should keep and which documents you should discard.

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Tags: Personal Finance

Check your FICO score for free

April 16th, 2007 · No Comments

American readers may be interested to know that it is possible to ‘check’ one’s FICO score for free online using this service.

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Tags: Tools

Threatening to Disconnect

April 13th, 2007 · No Comments

Wisebread have a great post describing their experience getting the cable provider Comcast to reduce their rates. After receiving their bill from the provider, Wisebread decided to act. The story is entertaining but, more importantly, it provides an important lesson for all of us: it often pays to ask..
So on behalf of Wisebread […]

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Tags: Bargains

Is it better to buy or rent?

April 11th, 2007 · 1 Comment

The question of whether it is better to buy or rent is often an easy one for Muslims as, depending on where one lives, halal finance options may not always be available. Often, home ownership is seen as more or less given: the Great Australian, American, or Calathumpian Dream.

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Tags: Real Estate

How Waiters Can Steal Your Card

April 11th, 2007 · No Comments

British television program The Real Deal shows how easy it is for waiters to steal your credit/charge card details using a hidden card skimmer.

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Tags: Uncategorized

Save Time on the Phone

April 11th, 2007 · No Comments

Interactive Voice Response (IVR) systems can be annoying at times with their maze of options (”Press 1 for accounts, press 2 for customer service, press 3 for support, press 4 for sales..”) and time spent waiting for someone to answer. Ivrhacks is a useful user-maintained database of shortcuts for many Australian, American, Canadian and […]

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Tags: Uncategorized

Immigration and Innovation

April 2nd, 2007 · 1 Comment

UC Berkeley’s School of Information have published an interesting study of immigrant entrepreneurs in the United States. Some of their findings include:

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Tags: Uncategorized

12 Free Personal Finance Applications

April 2nd, 2007 · No Comments

When it comes to managing one’s personal finances, good software can make all the difference; particularly if your financial dealings are more complicated than a single bank account and an ATM card. Throw in some shares, an investment property and the need to manage depreciation on some work-related assets and things can become a […]

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Tags: Personal Finance · Tools

Why managing your career is so important

April 2nd, 2007 · No Comments

Free Money Finance has a great post demonstrating the importance of managing one’s career. They offer a case study of four college students who each graduate at 22 and start off with jobs earning $25,000 p.a.
Graduate A didn’t manage his career well and only managed a 3% average annual increase in wages. […]

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Tags: Personal Finance