Why Quarterly Review?
In Islamic finance, managing money is a trust. Regular review ensures your assets comply with Shariah principles, avoiding gharar and riba. With Qist, we recommend quarterly reviews because the Qist cycle (3-day grace, 2% fee) reflects short periods for you to assess your finances.
What to Check in Your Portfolio?
Review assets: Do you still own the underlying asset? Is USDC available? Ensure no unexpected interest or gharar in contracts. Qist returns surplus to the buyer, so confirm all transactions follow the 'seller owns the asset' principle.
Practical Steps for Review
1. Open BaseScan and verify your smart contracts. 2. Calculate profits/losses in USDC. 3. Ensure installments are paid on time (3-day grace). 4. If surplus exists, confirm it is returned. With Qist, everything is transparent.
Benefits of Regular Review with Qist
Qist is built on clear Islamic principles: no riba, no gharar, surplus returned. Quarterly review gives peace of mind that your money works according to Shariah. With only 2% fees and no interest, you participate in a fair economy.
How Qist Implements This
On Qist, every contract is open and verified on BaseScan. We provide a simple dashboard to review your transactions. Export quarterly reports and ensure surplus is automatically returned. Start your review today with Qist.
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Educational content only, not financial advice