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How do Muslim Women save Money?

How do Muslim Women save Money?

A recent consumer study carried out by VoucherCodes.co.uk revealed that the average man in Britain has 32% more savings than the average British woman.

These figures are much higher when considering women from the South Asian community. This group has been highlighted as having a major disadvantage when it comes to employment due to several issues such as language barriers, discrimination, and racism, which affects their ability to earn enough to save.

Saving money allows people to put away money for future expenses: a large purchase; investments in education or a business; a financial cushion to handle possible emergencies.

This study aims to understand the methods that the women use to save their own income or the family income.

 

To read the report click 𝑯𝑬𝑹𝑬