Islamic finance and business are halal ways based on Shariah law. The benefits are so much more significant than those of the failing conventional banking system. We at salatallayl teach people the best alternatives to conventional banking, halal mortgage, halal insurance, halal investment options, etc.
Are credit cards Haram in Islam? Credit cards are considered not allowed because when you get one from a bank, they make you sign a contract. If you don’t pay back what you owe on time, you have to pay high interest rates, which is not fair or right according to Quran and Islamic Finance. …
Who is zakat eligible? Zakat is an obligatory charity in Islam that gives wealthy Muslims a chance to uplift the poor and needy. It is a chance to help your Muslim brothers and sisters. They are in trouble and need aid during their hardships. If you are reading this article, then Congratulations! You have been …
The term “fitrah” in Islam has many meanings. It includes both a broad concept and a specific practice. In short, fitrah in Islam is a deep idea. It’s about the natural state of humans and a specific charitable practice. It stresses the importance of compassion, solidarity, and giving basics to the needy. This is especially …
In Islam, Sadaqah means giving to others without being required. It includes acts of kindness, giving money, or doing good things for others. The purpose is to make Allah happy and seek His approval. The Prophet (ﷺ) of Islam once said that every good thing you do is a form of charity. For example, when …
Islamic life insurance or Takaful insurance is a word from Arabic, and it comes from the idea of taking care of each other’s needs or guaranteeing each other. In this system, people in a group agree together to help and support each other against any loss or damage. The whole group works together to assist …
Is affiliate marketing halal? Yes, Affiliate marketing is Halal, and many people are doing it in an ethical way. Affiliate marketing in Islam is generally considered permissible (halal). However, there are certain principles that you must know if you are planning to start affiliate marketing or if you are already doing it. In this post, …
Is forex trading halal? Yes, it is halal to exchange currencies when it is done with the following Shari’ah rules and precepts. Trading different types of currencies in Islam These are the following Shari’ah rules and precepts upon which trading different currencies is halal in Islam. Selling and Buying Currencies in Islam: Simple Rules Getting …
Is dropshipping Halal, The Answer is Dropshipping is not Halal because, In the view of Islamic scholars and from the Hadiths of Prophet Muhammad (ﷺ), conventional types of dropshipping ( general stores, single-product stores, and branded niche dropshipping) may not align with Shariah principles. After all, they involve online retailers selling items they do not …
Halal Business Ideas are the best opportunity in 2024 because, In the future, there will be almost as many Muslims as Christians. From 2010 to 2050, the world’s population will become more numerous and reach 9.3 billion, a significant increase. During this time, Muslims will grow a lot, by 73%. Source: Pewresearch.org The first step …
Takaful Insurance is a legitimate (Halal) alternative to conventional Insurance based on Islamic Finance principles. Takaful is an Arabic word derived from the word “Kafala,” meaning guaranteeing each other. The decision of the Islamic Jurisprudence Councils has established Islamic Insurance. Takaful insurance companies were created as a different choice from regular insurance. Regular insurance is …