11 Halal business Ideas: Best route to be a Millionaire

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 towards financial freedom is getting started as soon as possible. Don’t think too much about it. The more you think, the more time it will take.

If you check online, every big and successful brand looks perfect with its website, how it manages things, and its branding, but you must know it takes time to happen.

These are easy to start halal business ideas that anyone can start in 2024 with even low budget and people are already dpoing it.

  • Halal Food Recommendation AI.
  • Islamic Finance AI Advisor.
  • Halal Content Filtering AI.
  • Halal Travel Planning AI.
  • Halal Healthcare Decision Support AI.
  • Islamic Lifestyle Virtual Assistant.
  • Halal Social Media AI Moderator.
  • Islamic Ethics Chatbot.

Some folks have thoughts about leaving their jobs and doing something new good for realizing it. I’ll share a few ideas, and I’ll tell you about some people who have already done this and found success.

Some started around 2013, and in just 10 years, with good advertising, they became well-known, even her Brand Huda Beauty was mentioned in Forbes magazine. You might have heard of one of them, the Generous Mona Kattan, who is the Global President of Huda Beauty.

Best halal business ideas

Living in this era, creating a successful brand comparable to giants like Nike and Adidas is not as challenging as it once was. Many brands have adopted a strategy known as dropshipping. Initially, they test the market by fulfilling orders through third-party suppliers.

As demand grows, these brands transition to holding their own inventory and collaborate with specialized teams such as marketing, inventory management, email marketing, and user-generated content teams.

Halal Business ideas CategoryHalal Business ideas example
Halal ClothingModest Essentials
aab collection
Halal Beauty and WellnessHuda Beauty
ibacosmetics
Inika Organics
Halal Finance and InvestmentAmanahadvisors
ShariaPortfolio
Halal Travel and TourismHalaltrip
Halaltravelguide
Halal Technology and InnovationThere are currently no specific examples available
Marketing Your Halal BusinessMuslimadnetwork
Halal Certification and ComplianceGlobalHalal Compliance Network
Islamic E-Learning PlatformsAl Balagh Academy
Islamic Social Media PlatformsSalam.ly.
Muslimfriednlyapp.com
Islamic Cryptocurrency and BlockchainIslamcoin.net
Halal RoboticsThere are currently no specific examples available
Halal Artificial Intelligence (AI)There are currently no specific examples available

Allah, the Most Powerful, has given us the knowledge we need in this world. However, sometimes we forget and become impatient, wanting everything right away without understanding the true ways to earn the wealth we desire. 

We must always remember and follow important principles for true success. These include being patient, trusting Allah’s plan, gaining knowledge, and seeking help through powerful prayers like Namaz-e-Tahajjud.

Some more Islamic principals that contribute heavily to any business’s success are:

  • Halal earnings.
  • Hard work and diligence.
  • Seeking knowledge from Quran and Sunnah.
  • Charitable giving (Zakat calculator).
  • Avoiding extravagance.
  • Financial planning.
  • Honesty and Integrity.
  • Avoiding riba (Interest).
  • Dua (Supplication).
  • Contentment.

This day, I have perfected for you your religion and completed My favor upon you and have approved for you Islam as your way.” (Quran 5:3)

This verse is more profound than you may think. Try reciting it in every situation, and you will realize it on your own.

Starting a modest clothing line.

Starting a modest clothing line, launching a halal fashion boutique, exploring opportunities in halal sportswear, and venturing into halal beauty and wellness are all exciting and potentially rewarding halal business. There are many examples of successful people in this industry, and it is a rewarding halal business.

aab collection its journey in 2007 upon recognizing a need for clothing that is graceful, in vogue, and, most importantly, modest. Originating as a new brand in London, Aab is now acknowledged as the preferred choice for premium modest wear, with a flourishing online presence.

Modest Essentials is a brand for hijab and modest clothing, providing the newest styles for young hijabi sisters.

Establishing a halal cosmetics brand.

In Islam, for something to be called halal, like the stuff we use to make ourselves look pretty, every part in it must be known and safe. That means, no parts from pigs, dead animals, blood, people, animals that hunt, snakes, or bugs can be in it. This helps us make sure what we use is good and follows our rules.

Mona Kattan is the leader of Huda Beauty, a company she started with her sisters, Huda and Alya Kattan. In the year 2013, they introduced eyelashes at Sephora, and very quickly, all of them were sold out.

Nowadays, their company is worth $1 billion, and they offer innovative things like body foundation, lip contouring pencils, melted eyeshadow, and 3D highlighters.

Launching a halal investment consultancy.

Starting a halal investment consultancy can be a good idea. People are interested in investments that follow Islamic rules. Halal investment consultancy can be a viable and rewarding halal business idea, especially given the increasing interest in ethical and Sharia-compliant finance (Islamic mortgage).

Certainly starting halal investment consultancy is not easy, and it needs a lot of patience. But in the future, halal investments will be important for sure.

For example, you can look for this Wahed.com platform that offers Halal investment opportunities. It’s designed to provide a Sharia-compliant way for individuals to invest their money. Wahed Invest allows users to create diversified investment portfolios by Islamic principles.

Building an online platform for halal products.

In the present era, uncertainty surrounds the halal or haram nature of daily consumables, ranging from everyday items to even social media platforms like TikTok. The industry has significant potential because many individuals seek protection from engaging with anything deemed haram or impure.

The global Halal Food market is experiencing notable growth, driven by key factors that highlight the market’s dynamic nature. One of the primary factors contributing to this expansion is the continuous growth of the Muslim population, expected to reach 2.8 billion by 2050.

Building an online platform for halal products can be a good business idea, considering the increasing global demand for halal products and services.

Global Halal Platform is an international platform where you can effortlessly market and trade wholesale halal products worldwide, almost like any giant e-commerce Amazon.

Developing halal certification apps

Creating halal certification apps can be a valuable initiative to cater to the needs of individuals who seek assurance regarding the halal status of products and services. 

Build a comprehensive database that includes detailed information about halal-certified products, their ingredients, and the certification process.

Implement a feature that enables users to verify the halal certification of a product by scanning barcodes or searching the database. 

Verifyhalal.com is an excellent example. Abundant opportunities await every individual; the only constraint lies in our limited thinking, a perspective often instilled in us during our school years.

Islamic e-learning platforms

Islamic e-learning platforms are online platforms that offer educational content related to Islam. These platforms leverage digital technology to provide a range of courses, lectures, and resources to individuals seeking to learn about various aspects of Islam.

While Islamic e-learning platforms have the potential to be successful, the key lies in careful planning, understanding your audience, providing high-quality content, and staying attuned to market dynamics.

  • Al Balagh Academy offers inclusive access to premier Islamic education globally, partnering with renowned Islamic scholars and contributing to the development of Islamic institutions. They have more than 38400+ enrollments.
  • SimplyIslam Academy serves as an online Islamic education hub, delivering high-quality courses since early 2021 through digital platforms.
  • Tawfiqonline Learning was established in 2019 to provide quality.

Islamic social media platforms

Starting an Islamic social media platform can be a unique and potentially rewarding halal business idea, but its success will depend on various factors, including market demand, competition, and the execution of the platform itself.

Islamic cryptocurrency and blockchain

In the world of finance, Islamic principles place a strong emphasis on ethical and Sharia-compliant practices. When it comes to cryptocurrencies and blockchain, there’s a growing interest in developing financial tools and technologies that align with these principles.

The goal is to create systems that follow ethical guidelines and adhere to the principles of Sharia law. And Islamcoin.net is a superb example for you all.

Islamic art and design tech

Islamic Art and Design Tech” is a creative and potentially promising halal business idea.

  • Virtual Islamic Art Gallery.
  • AR Calligraphy App.
  • Islamic Pattern Generator.
  • Islamic Virtual Reality Tours.

Halal robotics

“Halal Robotics” could be a good halal business idea in 2024. It means making robots and machines in a way that follows the rules of Islam. This could be useful in many areas like food preparation or helping people in a way that Islamic teachings allow.

It’s like having helpful robots that follow the good practices of Islam. People might like it because it’s both modern and follows their beliefs.

  • Disaster Response.
  • Halal Supply Chain Monitoring.
  • Healthcare Assistance.

t’s possible to source robots from China for your business, including those designed to align with Halal principles. This is what major brands like Apple and others have been doing all this time.

Opportunities exist all around us, and it’s essential to be astute in seizing them and making them succeed before others do. This aligns with the way the universe operates, and it echoes the wisdom already conveyed by Allah in the Quran.

“And I did not create the jinn and mankind except to worship Me.” (Quran 51:56)

It may seem like a lot, and it will continue to feel that way until you realize, “Till you see someone else do it! Ah! This is precisely what I had in mind to do.

Halal artificial intelligence (AI)

Creating a business focused on “Halal Artificial Intelligence (AI)” could indeed be a promising idea in 2024.

In recent years, we have seen the technology has become an integral part of our lives, and people are increasingly looking for solutions that align with their ethical and religious beliefs. “Halal Artificial Intelligence” essentially means developing AI systems and technologies that adhere to Islamic principles. This can be a significant market opportunity for several reasons.

  • Halal Food Recommendation AI.
  • Islamic Finance AI Advisor.
  • Halal Content Filtering AI.
  • Halal Travel Planning AI.
  • Halal Healthcare Decision Support AI.
  • Islamic Lifestyle Virtual Assistant.
  • Halal Social Media AI Moderator.
  • Islamic Ethics Chatbot.

faq

Is the halal meat business profitable?

The profitability of a halal meat business can depend on various factors, including market demand, competition, operational efficiency, and location. Here are some considerations to help evaluate the potential profitability of a halal meat business:

Market Demand:

Assess the demand for halal meat in your target market.

Competition:

Evaluate the level of competition in your area. If there is limited competition and a growing demand for halal meat, it may create a favorable environment for profitability.

Quality and Certification:

Ensure that your halal meat business adheres to high-quality standards and obtains proper halal certification.

Supply Chain and Sourcing:

Establish reliable and ethical supply chains for sourcing halal meat.

Marketing and Branding:

Invest in effective marketing and branding to create awareness and differentiate your halal meat business.

How to start a Halal business?

Alhamdulillah, starting a Halal business is quite straightforward. Begin by planning and ensuring that every aspect of the business, from product sourcing to order fulfillment, is free from any haram elements. For detailed guidance on how to initiate a Halal business, consider the following steps.

Plan Your Business:

Think about what kind of Halal business idea you have and it is easy to start.

Make Sure It’s Halal:

Check that everything in your business, like products and how you do things, follows Halal rules.

Get Halal Certification:

Ask for a Halal Certification that says your business is officially Halal.

Start Selling:

Once everything is set, start selling your Halal products.

How Halal is Halal mortgage?

The halalness of a halal mortgage is directly tied to the degree of its adherence to Islamic principles. The more in line it is with these principles, the more halal it is considered. For a comprehensive understanding of Islamic mortgages, please carefully read the detailed post provided on this topic.

Is Apple Halal or Haram?

I used to purchase iPhones in the past, but my preferences have changed, and I no longer buy them. The reason is that I’ve become more mindful of supporting brands that may be associated with unethical practices or wrongdoing. I now avoid any brands that I perceive to be involved in any form of harm or wrongdoing.

Author

  • Arish Husain

    Assalam Alaikum beautiful people! someone who loves Prophet Muhammad and his family a lot. I like finding new ways to teach important stuff, so everyone can understand what Allah wants from us and His plans. We learn to listen for whispers from Allah, understand big plans, get ready for whatever Allah has for us, and try our best. I hope Allah's blessings guide us on this special journey.Allah hu Akbar!

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