The Financial Cost of Polygyny
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 Published On Jul 23, 2023

Invest with us at Cur8 Capital - https://cur8.capital

Many a Muslim gathering discusses the topic of second wives, but when is it financially feasible? We've crunched the numbers. You'll want to sit down for this.

You'll want to sit down for this.

Average household expenditure data: https://www.nimblefins.co.uk/average-....
Institute of Fiscal Studies tool: https://ifs.org.uk/tools_and_resource...
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About us
We're Ibrahim & Mohsin - ex-city lawyers and authors of "Halal Investing for Beginners". We've been studying investments and the traditional Islamic sciences for 13+ years. Over the year we've been published by the Financial Times, the World Economic Forum, Foreign Policy etc.

Today we run a sharia-compliant wealth management platform that manages over $35m in assets. We make videos about investment, personal finance, careers, and entrepreneurship.

We do this to make downtrodden communities better-off. To take people of colour, Muslims, and minorities from being among the poorest in society to the richest.

For more about the team visit: https://www.islamicfinanceguru.com/ab...
To find out what we invest in, and invest alongside us visit: https://cur8.capital/

Remember, with investing, your capital is at risk. This is not financial advice. If in doubt, always talk to a financial advisor.

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TIMESTAMPS
00:00 - Why we're doing this video
00:30 - Who are we?
01:00 - Our methodology
02:56 - The cost of running one household
04:15 - The cost of running more than one household
04:54 - Who can afford it?
06:22 - What about using benefits/welfare to afford multiple wives?
07:36 - What if the second wife supports herself and waives financial support?
08:18 - When might polygyny be justified?
09:16 - Summary

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#muslimcouplesstatus #relationships #polygyny #polygamy #secondwife #muslimah #relationships #ifg #marriageadvice #muslimmarriage #nikah #muslimwomen

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