Most financial planning stops at retirement. You work out what you need to live comfortably for the rest of your life, build towards that number, and consider the job done.But there is a deeper ambition open to those who think beyond themselves: building something that outlasts you. Wealth that benefits your children and their children. Wealth that carries your values forward long after you are gone.In this episode, Fahad Al Rawahi looks at generational wealth through an Islamic lens, a framework that has existed for centuries, and turns it into practical steps for Gulf professionals today.What you will learn:🔹 1. Faraid: inheritance is prescribed, not chosen The Quran sets defined shares for spouses, children, parents and other relatives. Understanding faraid is not only a religious obligation; it is a financial planning necessity. Without a will that reflects faraid, your wealth may not be distributed the way Islam prescribes, and your family could face years of legal complications.🔹 Why expatriates need extra care As a Gulf expatriate, your assets may fall under the laws of your country of residence, your country of citizenship, or both. A qualified Islamic estate planner who knows both faraid and the local legal system is not a luxury. It is essential.🔹 2. Waqf: the Islamic endowment A waqf is an asset dedicated permanently to a charitable or religious purpose. It cannot be sold or divided, and its income serves that purpose indefinitely. Today, a Gulf professional can create one on a modest scale, such as a property whose rent funds a scholarship. It reflects the hadith that when a person dies, their deeds end except three: a continuing charity, beneficial knowledge, and a righteous child who prays for them.🔹 3. The values dimension The most powerful inheritance is not financial. It is the financial literacy, work ethic and relationship with money you pass to your children (see Episode 20). No inheritance survives in the hands of someone never taught to manage it.🔹 4. DocumentationAn Islamic will.A clear record of all your assets and where they are.Named beneficiaries on every investment and insurance account.Instructions for your digital assets. These are not morbid tasks. They are acts of love for the people who will be left behind.🔹 An honest challenge Most people who hear this will not write their will this week. But in Islam, writing your will is an act of gratitude, an acknowledgment that Allah gave you something worth protecting. You do not need to be wealthy to write a will. You only need things that matter to the people you love. Most of us qualify.Find an Islamic legal adviser this month. Not next year: this month. Draft it, sign it, and store it where your family can find it. Then go back to building the wealth that will one day fill it.This episode is general guidance, not legal advice.<a href="https://crypod

EP 30: Building Generational Wealth: Thinking Beyond Your Own Retirement

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