The Operational Framework for Personal Finance Management Based on the Supreme Leader Ayatollah Khamenei’s Statement

Abstract

In personal financial management, individuals seek to manage their financial resources and achieve goals and financial satisfaction. In general, you can divide personal finance into two parts: income (equipment) and allocation of funds. Islam, as a comprehensive religion, has operational teachings in the area of personal finance allocation. The purpose of this research is to find operational principles for the allocation of personal finances, based on the statements of the Supreme Leader as an Islamist and a jurisprudent aware of the circumstances of the time. This operational framework offers general guidelines for personal financial planning. To derive these principles, we have referred to Ayatollah Khamenei’s statements using theme analysis method. The principles include two categories, positive and prohibitive that are outlined in this article.

Keywords

• personal finance
• islamic finance
• statement by supreme leader ayatollah khamenei jel classification: a13
• d14
• z12