Bayt ul-Mal

Bayt ul-Mal (بيت المال) in Arabic is translated as "House of Wealth"
bayt ul mal (2)

Historically, it was a financial institution responsible for the administration of taxes in Islamic states, particularly in the early Islamic Caliphate.  It served as a royal treasury for the caliphs and sultans, managing personal finances and government expenditures.

Our mission is to empower our community with resources to manage their personal finances and government expenditures by guiding you on becoming your own "House of Wealth." We will work to help you develop your own unique financial map. Our focus is to educate you on how to stay clear of Riba, address situations when it’s used to offset your risk, and to empower our community with the knowledge that allow you to take the appropriate actions needed to achieve your financial goals through inviting specialists in their respective fields to share best practices.

Upcoming Sessions
  • January 31st - My Tax Strategy with a CPA

  • February 28th - Retire When I Want, Best Practices on Retirement Planning

  • April 25th - Fund an Education

  • May 23th - Business Owners

  • June 27th - Postponed due to Eid

  • July 25th - How to properly structure Trust and Will for Legacy Planning

  • August 22nd - Best Practices, Investing in RE, Stock Market, Businesses

  • September 26th - Best practices, Protecting your Accumulated Wealth

  • October 24th - Real Estate Investing, How do I start? How to build capital



Br. Shakeb

Shakeb Kundiwala is a licensed financial services professional with 18 years of knowledge and experience. Br. Shakeb empowers Muslims to be smart with their money by educating and assisting them in protection, accumulation, and distribution.