He saved $8k as a teen, but lost it in bad investments. Now he champions Islamic finance
Muhammad Ridhwaan Radzi hopes his Muslim investing platform can help dispel the notion that halal investing is limiting.
Muhammad Ridhwaan Radzi began investing at 17 in an Islamic fixed deposit. His passion for halal investing grew as he created content and organised events on the subject. After graduating from Nanyang Technological University, he co-founded RizqX, an investment platform aimed at providing Muslims in Southeast Asia access to halal investment opportunities.
RizqX now enables users to calculate and distribute zakat, a compulsory wealth contribution in Islam. Ridhwaan, now 30, has learned from financial mistakes, becoming more cautious and disciplined in his investment approach.
Written by urgent.news from Straits Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
