Muslims & Money: Why We Struggle to Build Wealth (and How to Fix It) | Ep 55 Ahmad and Adel (Nisba)
Description
This episode explores the challenges Muslims in the UK face around wealth creation, from limited savings to a lack of financial literacy. Guests Ahmad Ayoubi and Adel Bereksi-Reguig, co-founders of Nisba, share their personal journeys and vision for empowering Muslims with halal investment education and tools.
This podcast is hosted by Areeb Siddiqui, the founder and CEO of Kestrl, the app that helps people to grow their wealth without compromise
Find out more about our app here: https://kestrl.io/
And how we help banks here: https://business.kestrl.io/
Show Notes:
00:00 - Opening
01:36 – Meet the founders of Nisba
03:42 – Career journeys: trading, teaching & consulting
09:41 – Reconnecting through faith and charity
13:27 – Founding Nisba: from idea to platform
20:09 – Leaving conventional finance for halal alternatives
25:35 – The mission: education, tools & coaching
35:20 – Biggest financial challenges facing UK Muslims
43:06 – Who should own Islamic banks?
49:25 – Challenges in halal investing & boycotts
56:09 – Practical advice for young Muslims with savings
1:07:31 – Final thoughts