Understanding Ramadan and How you can Manage your Finances - Dr. Aliyu Dahiru
Ramadan is the ninth month of the Islamic Calendar observed by Muslims worldwide as a month of fasting, prayer, reflection and community. A commemoration of Muhammad's first revelation, the annual observance of Ramadan is regarded as one of the Five Pillars of Islam and lasts twenty-nine to thirty days, from one sighting of the crescent moon to the next.
As the year 2021 Ramadan begins, watch the Senior Lecturer at the Department of Economics and a Deputy Director (Training and Linkages) at the International Institute of Islamic Banking and Finance, Bayero University Kano-Nigeria. Dr. Aliyu Dahiru as he explains "About Ramadan, it importance for Muslims, the Do's and Don't during the season, and how individuals can manage their finances despite giving to the needy as it is a period of giving alms.