As we all know, London is an extremely expensive city and having fun on a budget can be quite tough at times. At Kestrl, we hope to make it easier for you to budget, save and invest, whilst still having a great time. Therefore, we’ve compiled some of our favourite budget friendly pastimes — perfect for weekends, the summer holidays & special occasions. We’re here to show you that there are endless ways to experience the hustle and bustle of London to its fullest without having to compromise your budget. Here are 15 things to do in London under £15!
Last week, we proudly announced the launch of our new Halal Investment Marketplace. With that, we held a three day roadshow where we were joined by our partners as they showcased their asset classes and answered frequently asked questions regarding investing. Check out our partners and more by exploring the Halal Investment Marketplace. Make sure to download the Kestrl App at https://kestrl.io/get-the-app
This week, Kestrl is proud to announce the launch of our highly anticipated Halal Investment Marketplace where you will be able to view, compare and invest in ethical and Sharia compliant investment products. Currently, our app uses Open Banking, allowing users to connect their existing bank accounts. They also receive an automated budgeting and savings tracker based on their spending. We are now excited to expand its offering to include investments, with the Marketplace being the first release on its roadmap.
In essence, they are investment tools that are regulated by the tenets of Shariah and the principles of Islam…
“Hi , I’m Safiyyah, a first year Economics student at the LSE from Malaysia. I wanted to share some top ways the Kestrl app has helped me achieve my financial goals in a way that doesn’t compromise on my beliefs…”
As a first-year university student, moving halfway across the world taught me many lessons, with one of the biggest being the importance of a good budget. Admittedly, I wasn’t very good at budgeting but Kestrl made it incredibly easy and almost effortless for me to do so. At the end of each month, I found myself anxious to open my…
Zakat is the third pillar of Islam and a mandatory tax of 2.5% on the wealth of those who are able to afford it- so we thought it would be interesting to see how much Zakat the two richest men in the world would have to pay!
Ramadan Mubarak from the Kestrl family to yours!
We pray that you all have a blessed month and are able to make the most out of the coming days inshAllah!
We’ve got a whole host of upcoming announcements and events this month, from product launches to exciting partnerships so do watch out for those.
In the meantime please check out last week’s ‘Money Matters’ webinar we held in partnership with National Zakat Foundation (NZF)and our Sharia Scholar, Mufti Faraz Adam. We spoke about Personal Finance for Muslims, the ins and outs of Zakat, and how Kestrl is hosting the NZF calculator and donation platform within its app!
From the highs of receiving a pay cheque, to debt-induced anxiety, the impact that money can have on our mental health is by no means simple. Being a practising Muslim adds another layer of complexity, whereby questioning the “sharia-compliance” of common financial products, and making the difficult decision of whether to use them or not, can increase the effects of money-induced stress.
This is exemplified further by stigmas surrounding financial precarity and its common consequences — such as debt — as well the mental health problems this can induce. …
How two Cambridge MBAs are attempting to transform the way in which Muslims interact and grow their wealth in the UK.
“Why don’t you use an Islamic Bank?”
It was a simple enough question asked by my good friend Daeng, after witnessing me pay for lunch with a Barclays debit card one day between lectures. And yet I found myself completely unable to give him a straight answer. …
If there’s been anything worth keeping from 2020, it’s the lesson that we cannot control the future. For this reason, many have ditched the age-old need to plan extensive New Year’s resolutions (that inevitably fall by the wayside before March) in favour of smaller-scale, realistic goals.
And we at Kestrl are no different! We believe goals should be centered around your present situation — and personal finance goals are no different. This means that focusing on your most urgent financial concerns, which for many have been amplified during this pandemic, is the key to gaining control over your finances. …