Zakat is an Islamic tax that Muslims who qualify must pay. A Muslim whose net worth is below the nisab threshold or whose total annual wealth is below the nisab threshold is obligated to pay Zakat. What Is Zakat? In Islam, Zakat is a form of almsgiving given to the poor and needy…

Everyone has financial goals. And while these goals might be pleasant to think about, realizing them isn’t easy. That’s why you must have a solid financial plan. It helps you align your priorities and work towards your long-term financial goals more efficiently. …

Hey there, Malaysian car owner! There must be a time when you wondered, “What happens if my car gets stolen? Do I have to pay a deductible?” You’re lucky because we are here to explain what happens in such a situation. What Is a Car Insurance Deductible? To begin with, let us first define what a…

It is pretty familiar and equally frustrating in Malaysia to experience traffic accidents caused by poorly maintained roads and reckless driving. Therefore, the police and JPJ use roadblocks and summons to minimize traffic violations and create a safer environment. …

It will help if you buy homeowner’s insurance to cover your possessions, such as furniture, against fire, theft, and other risks. It may cost a lot to replace your possessions if they’re destroyed or damaged. However, some of the items may be essential to your life. …

Surety bonds are essential because they provide parties involved in various transactions with financial security and reassurance. Understanding the basics of surety bonds is necessary, whether you are a contractor submitting a bid for a construction project, a business owner looking for licensing approvals, or a judge ordering a defendant…

Most vehicle owners in Malaysia will tell you that buying a car is a cakewalk compared to maintaining it. If you’re planning on getting your first or next automobile soon, knowing which vehicle brands and models carry the most affordable maintenance costs can help you save a lot of money. What To Note …

We are living in an age where technology has permeated every facet of our life. Whether you are paying bills, shopping, booking cabs, or talking to your loved ones, or booking movie tickets, each task that once required us to get out of our home is presently a single click…

Maid Insurance in Malaysia is essential for safeguarding both employers and domestic workers. This article will examine the importance of this insurance policy for employers and its significance. How Does Malaysian Maid Insurance work? Malaysia Maid Insurance is a specialized insurance policy to protect employers from the risks of hiring domestic helpers or maids. Malaysian government…