‘Halal Capitals’ was started in the year 2017 with the intention to build the ‘Islamic Economy’. An Economy which creates opportunities to make a Halal Earnings and Livings for Muslims across the world. While there is less information about Halal Business and process in the markets. We have developed a fool proof business plan from the roots to ensure 0% interest and 0% haram products or practices transactions.
Thus, we introduced three concepts into building our ‘Islamic Economy’ Project. They are 1. Islamic Investments 2. Islamic Mutual Funds 3. Islamic Insurance (Takaful) . Unlike, other conventional businesses. In Islamic Shariah, all three fall under business category. There is profit/loss in both the three concepts, unlike conventional business models.
1. ISLAMIC INVESTMENTS
In investments as per Islamic Shariah. You become a sleeping partner with our company. You become partner in profit/loss in investments and do not involve in day to day operations of the business. We earn profit, we share with you. We don’t earn profits, we can’t share with you. Investments are locked in for a period of 3 months/6 months/12 months. You are allowed to decide on lockin period and you cannot withdraw funds in this lockin period. The investments start from Rs. 25,000/-
2. ISLAMIC MUTUAL FUNDS
‘Save your amount in small installments and also earn profits on them by investing in our monthly systematic investment plans. You can start investing from Rs. 500/- to Rs. 24,999/- per month. You can pay manually every month or opt for monthly auto deductions on a specific date from your account.
3. ISLAMIC INSURANCE (TAKAFUL)
‘In insurance as per Islamic Shariah. You become member by paying an yearly participation fee of Rs. 2000/- per person. During the year, if you avail the insurance (medical) you will be eligible to avail a insurance of upto Rs. 1,00,000/- for all kinds of operations. At the end of the year, if you do not avail the insurance, your amount will be refunded (either less or more) based on the usuability of the amount and earnings from the investments we make on insurance accumulated amounts. There is also a chance that you completely loose the fee, even if you didn’t avail the insurance. Read more…