24 - Pareto Principle and the Pillar of Zakat in Islam episode artwork

EPISODE · Mar 2, 2024 · 8 MIN

24 - Pareto Principle and the Pillar of Zakat in Islam

from MUSLIM WOMEN INVEST · host Dr Miral A Khalil

I just recently learned about a principle that has both fascinated and excited me as an investor, as a financial expert, and as a Muslim woman: the Pareto principle. The Pareto principle states that 20% of causes create 80% of consequences; for example, in the technology sector, if you fix 20% of bugs in a particular software, you'll see 80% of the glitches disappear. I sat with this for a time and thought about it in the context of the principle of zakat, or charity, in Islam. At first, you might not see how the two connect...but when you see what I saw, you'll be amazed by the connection! WORK WITH MIRAL: Sign up for my investing quiz waitlist: https://www.invest4lifemk.com/quiz-waitlist If you're ready to transform the trajectory of your life and the lives of your family members through investing, book a consultation with me: https://www.invest4lifemk.com/services CONNECT WITH MIRAL: Want to learn more? Visit my YouTube channel: https://www.youtube.com/@muslimwomeninvest Follow me on Instagram: https://www.instagram.com/muslimwomeninvest/

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24 - Pareto Principle and the Pillar of Zakat in Islam

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