Foundations
Who is considered the “shareholder” in your personal finances?
What is YOU?
What is a safety net in personal finance meant to protect you against?
What is Emergencies and Inflation
What are equities, in the simplest terms?
What is stocks, shares, ownership/equity in a company?
Who bought the Ruma well in Madinah and expanded Masjid al-Nabawi?
Uthman Ibn Affan
What type of account has no contribution limits but is subject to capital gains tax?
Taxable/Individual Brokerage Account
What does the acronym IPO stand for?
Initial Public Offering
What is the ultimate goal of every business?
What are the two most common stable commodities to invest in?
What is Gold, Silver
What is the most important feature of an equity portfolio?
What is diversification?
Which Sahabi famously said he left his family “Allah and His Messenger” after donating all his wealth?
What is the annual contribution limit for a Roth IRA in 2025 (under age 50) and the catch-up amount over 50?
$7000 and $8000
In the U.S., which index tracks 30 large, established companies and is often seen as a measure of the overall market’s health?
Dow Jones Industrial
What is the age-old budgeting tool breakdown, and what are the allocations?
What is Needs (50%), Wants (30%), Savings (20%)?
How many months of expenses should you keep in cash savings?
What is 3-4 Months?
What is the relationship between risk and return
What is High Risk = High Return, Low Risk = Low Return?
"How excellent wealth is in the hands of a righteous man." (Musnad Ahmad 17096) Sahih
What education account has a $2,000 contribution limit per beneficiary?
What is Coverdell ESA
What is the term for a prolonged market decline of 20% or more from recent highs?
Bear Market
What is the bottom line of an Income Statement?
What is Net Income/Loss
How many months of income should your emergency fund cover?
What does ETF stand for and what are they in one sentence?
Exchange Traded Funds
Basket of Equities
What are the three filters used in Shariah-Compliant screening?
1. Business Activity
2. Financials
3. ESG/Ethical
At what age can you begin to withdraw from a traditional 401(k) without penalties and at what age can you withdraw the total amount?
What is 59.5, 65?
What indicates a recession?
Two consecutive quarters of negative GDP growth
According to John C. Maxwell, what does a budget do?
What is “A budget is telling your money where to go instead of wondering where it went.”?
What are the two qualities mentioned regarding fixed income investments?
What is the one main difference between an ETF and a Mutual Fund
ETFs are Index Weighted, passively managed
Mutual Funds are actively managed with an Investment Manager
ETFs have an expense ration
Mutual funds have load fees
Give me the Shariah-Compliant status of Doordash. Detailed per level. (1 Min Allowed)
Shariah-Compliant, Checks all levels
What is the eligibility requirement for an HSA?
High-Deductible Health Plan (HDHP)
Who is known as the “Oracle of Omaha”?
Warren Buffet
If your monthly income is $5,000 and your fixed expenses are $2,200, variable expenses are $1,300, and savings contributions are $1,000, what is your net cash flow?
What is $500?
At a 5% annualized inflation rate, what is the real value of $10,000 in three years?
What is $8,500-$8,800?
You invest 150,000 at a growing at an annual rate of 12% for 40 years? What is the final value?
What is ~$13,900,000-$14,000,000?
Give me the Shariah-Compliant status of Verizon. Detailed per level. (1 Min Allowed)
Not Shariah Compliant, Checks business activity, Misses Financials, Checks Ethics
What are RSU's and ESPP's? Name two key differences.
RSUs = Restricted Stock Units
ESPPs = Employee Stock Purchase Plan
Grant vs Purchase, Tax Implications
In options trading, what are the two “Greeks” that measure sensitivity to time decay and volatility, respectively?
Theta and Vega