A candid conversation with financial advisor Faisal Sheikh challenges the Muslim community’s obsession with buy-to-let property and the recent outperformance narrative of Sharia funds, urging a shift toward backing real, productive businesses. The episode also wrestles with crypto’s value (or lack thereof) in Islamic ethics, practical portfolio constraints for everyday Muslims, and building financial literacy—especially for Muslim women.

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 

09:25 – Sharia funds landscape; small/mid-cap basics

12:30 – “Outperformance” myth (US tech overweight) + risks

19:19 – Deejah Money: goals-first, empowering Muslim women

27:17 – Crypto: speculation vs real utility (Islamic lens)

34:01 – Practical steps: emergency buffers, limited options, risk

36:35 – Personal story: scarcity mindset, decisions, teaching kids

60:20 – Parting advice: buffers, education, and when to seek advice