Business
The Andalus Institute, & Making Money the Halal Way

Author: Althea Chokwe
To the outsider, Islam is a strict religion. Extending past tenets and a holy book, Islam is meant to be a way of life for its nearly two billion adherents. The terms halal and haram are thrown around often, but their meaning is tremendous to the faith. Halal is “permissible,” and haram is the exact opposite; these two categories are used to classify everything from food to music to legal matters. An interesting aspect of this black-and-white system pertains to financials and business ventures. No Muslim is allowed to engage in business that goes against the religion; working while in accordance with religious doctrine is mandated. Although most settle with an average line of work, some go out of the way to promote Islamic values and be successful simultaneously, a decision considered most ideal.
For Muhammad Al Andalusi, a philosophy as this is part-and-parcel with his calling. 27 years old and living in Saudi Arabia with a wife and kids, Al Andalusi relies on teaching Arabic to fund a fast-paced, flexible lifestyle, often documenting his travels through the Middle East and elsewhere on social media. The entrepreneur founded the Andalus Institute in 2019, intending to help other Muslims learn classical Arabic, the language of the Qur’an. A job like this definitely earns the halal stamp, but it continues further to the point of actively contributing to Islam. Knowledge of Arabic is seen as preferable, if not mandatory, since Muslims value the original Qur’an more than any translated version.
While Al Andalusi does not engage in the field of Islamic theology, his institute piques Muslims’ intellectual curiosity, plus that of others learning Arabic for professional and social reasons. Besides an understanding of and appreciation for the Qur’an, the Andalus Institute represents Al Andalusi’s decade-long quest to learn Arabic in its most eloquent form, an uphill battle that required him to relocate from Europe to Egypt for six long years. These studies forced the entrepreneur to change his daily habits and mindset drastically. Attaining multiple years of progress in Arabic within a year alone made Al Andalusi downgrade to a phone that was obsolete compared to the regular smartphone model. In his own words, Muhammad saved time without the distraction of an app-laden device, a tactic that he directly credits with his quick advance in the Arabic field.
The intense focus with which Muhammad perfects his craft is part of his spoken philosophy of seeking elm, or knowledge. Al Andalusi, as a teacher, uses every opportunity he can to communicate some rule or tip of the Arabic lexicon on Instagram and Facebook. His job consumes every part of his life, an observation that elucidates the level of commitment Al Andalusi has for the school he created. He already enjoys respect and awe amongst the online Muslim community, with other high-profile influencers recommending the Andalus Institute to non-Arabic speakers. Considering the importance of Qur’an recitation and study, teaching classical Arabic was always going to be a successful endeavor. Before 2019, Al Andalusi had worked on other online startups for a European audience whilst in the United Kingdom, yet he could not maintain an acceptable profit margin. One day, it reached the point where the Spanish native took time off and locked himself away, minimizing contact with even his family. He read for hours at a time, patiently waiting for a better business idea to manifest itself. That period was a time for questioning and soul-searching, which was logical because entrepreneurship is an extremely volatile field. Additionally, Al Andalusi had dropped out of school at the age of 16. He recalls not being interested in the traditional Western system anymore, a strong opinion for a teenager. Al Andalusi had no regrets, but paying off a $9,000 debt would not be easy without a university degree.
That same introspection is what Al Andalusi teaches each cohort that enrolls in the institute. There is no point in striving for a higher purpose such as religion without looking after oneself first. At the start of the program, everyone listens to a video of Al Andalusi outlining the study and sleep habits he expects them to adapt to maximize their productivity. In case you were wondering, the entire curriculum is meant to be finished within 15 months. Of course, one can stay as long as they like and there is lifetime access to the user portal, but the Andalus Institute makes sure to boast that students, as long as they do as they are told, become fluent within the intended time frame. While everyone is different in terms of goals and outside commitments, mental preparation is Al Andalusi’s way of ensuring no one overstays their visit. For a $2,000 price tag (at a generous discount of $997 for the time being), such guidance and care make the offering quite appealing to even the busiest customer.
In all honesty, the scaffolding and design of the Andalus Institute stem, for the most part, from Al Andalusi’s personal experiences. The vocabulary-first methodology is what the founder used to learn, not just Arabic, but French and English, also, as if the features of the school are what Al Andalusi wishes he once had to facilitate his own educational experience. Even the students notice and it is apparent that this modus operandi builds trust between a business and the clientele. Couple this with Muhammad’s constant presence on social media, giving the world a glimpse of behind-the-scenes goings-on, his followers feel that they know him through and through.
The language guru is a great friend of transparency, a trait that renders him approachable, as well. For a mostly Muslim consumer base, his willingness to discuss personal views on Islamic decrees and to differentiate himself from other influencers with a scholarly, studious persona is highly attractive. Even if the rest of the world may view Islam as narrow-minded, harsh, or unaccommodating, practicing Muslims love it precisely for the motivation and high standards set. And, while the halal versus haram debate is at times head-scratching and mind-bending, there are many answers to secular questions overlooked.
Al Andalusi proves that it is possible to financially thrive and be an ardent follower of the Islamic faith simultaneously. And he can show that he is right: the Andalus Institute rakes in between $20K and $50K each month, starting to do so only six months after its inception. With the advent of other Islam-centered YouTube channels and startups, the online presence of yet another Muslim entrepreneur is speaking to a wider trend of more representation and diversity. As a result, due to the rarity of his sort, Al Andalusi has gained much loyalty. Identity is not the sole reason, but years of working on his main money-making skill are significant in explaining Muhammad’s success thus far. Through a halal business, Al Andalusi relates to his audience in a powerful way. The businessman is their fellow Muslim, advertising a product where they all benefit in a plethora of ways, most notably spiritually, making the institute’s program irresistible for followers to not purchase. It is apparent that relatability and authenticity are integral in the business model of the Andalus Institute.
You can connect with the author on LinkedIn here.
Business
Derik Fay and the Quiet Rise of a Fintech Dynasty: How a Relentless Visionary is Redefining the Future of Payments

Long before the headlines, before the Forbes features, and well before he became a respected fixture in boardrooms across the country, Derik Fay was a kid from Westerly, Rhode Island with little more than grit and audacity. Now, with a strategic footprint spanning more than 40 companies—including holdings in media, construction, real estate, pharma, fitness, and fintech—Fay’s influence is as diversified as it is deliberate. And his most recent move may be his boldest yet: the acquisition and co-ownership of Tycoon Payments, a fintech venture poised to disrupt an industry built on middlemen and outdated rules.
Where many entrepreneurs chase headlines, Fay chases legacy.
Rebuilding the Foundation of Fintech
In the saturated space of payment processors, Fay didn’t just want another transactional brand. He saw a broken system—one that labeled too many businesses as “high-risk,” denied them access, and overcharged them into silence. Tycoon Payments, under his stewardship, is rewriting that narrative from the ground up.
Instead of the all-too-common “fake processor” model, where companies act as brokers rather than actual underwriters, Tycoon Payments is being engineered to own the rails—integrating direct banking partnerships, custom risk modeling, and flexible support for underserved industries.
“Disruption isn’t about being loud,” Fay said in a private strategy session with advisors. “It’s about fixing what’s been ignored for too long. I don’t chase waves—I build the coastline.”
Quiet Power, Strategic Depth
Now 46 years old, Fay has evolved from scrappy gym owner to an empire builder, founding 3F Management as a private equity and venture vehicle to scale fast-growth businesses with staying power. His portfolio includes names like Bare Knuckle Fighting Championships, BIGG Pharma, Results Roofing, FayMs Films, and SalonPlex—but also dozens of companies that never make headlines. That’s by design.
Where others seek followers, Fay builds founders. Where most celebrate their exits, Fay reinvests in people.
While he often deflects conversations around his personal wealth, analysts estimate his net worth to exceed $100 million, with some placing it comfortably over $250 million, based on exits, real estate holdings, and the trajectory of his current ventures.
Yet unlike others in his tax bracket, Fay still answers cold DMs. He mentors rising entrepreneurs without cameras rolling. And he shows up—not just with capital, but with conviction.
A Mogul Grounded in Real Life
Outside of business, Fay remains committed to his role as a father and partner. He shares two daughters, Sophia Elena Fay and Isabella Roslyn Fay, and has been in a relationship with Shandra Phillips since 2021. He’s known for keeping his personal life private, but those close to him speak of a man who brings the same intention to parenting as he does to scaling multimillion-dollar ventures—focused, present, and consistent.
His physical stature—standing at 6′1″—matches his professional gravitas, but what’s more striking is his ability to operate with both discipline and empathy. Fay’s reputation among founders and CEOs is not just one of capital deployment, but emotional intelligence. As one partner noted, “He’s the kind of guy who will break down your pitch—and rebuild your belief in yourself in the same breath.”
The Tycoon Blueprint
The playbook Fay is writing at Tycoon Payments doesn’t just threaten incumbents—it reinvents the infrastructure. This isn’t another “fintech startup” with a flashy brand and no backend. It’s a strategically positioned venture with real underwriting power, cross-border ambitions, and a founder who understands how to scale quietly until the entire industry has to take notice.
In an age where so many entrepreneurs rely on noise and virality to build influence, Fay remains a master of what can only be called elite stealth. He doesn’t need the spotlight. But his impact casts a long shadow.
Conclusion: The Empire Expands
From Rhode Island beginnings to venture boardrooms, from gym owner to fintech force, Derik Fay continues to build not just businesses—but a blueprint. One rooted in resilience, innovation, and long-term infrastructure.
Tycoon Payments may be the latest chess piece. But the game he’s playing is bigger than one move. It’s a long game of strategic leverage, intentional legacy, and generational wealth.
And Fay is not just playing it. He’s redefining the rules.
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