Halfinance

📌Bridging the knowledge gap in Islamic finance

📌Educating Muslims in search for financial stability, independence and prosperity in an ethical manner

[Halfinance @halfinance]

Why Islamic finance?

What is wrong with the current financial system?

Why do we need an alternative?

We need Islamic finance to promote financial justice.

The foremost principle of Islamic finance is the prohibition of interest (riba).

[Halfinance @halfinance]

Did you know interest does not only arise when giving/taking loans

One of the common forms of (riba)interest in our society is
In the exchange of currency or commodities. Riba occurs when a currency/commodity is exchanged for the same type of itself in quantities

[Halfinance @halfinance]

Did you know that @halfinance is embarking on a mission to close the knowledge gap on Islamic finance

[Halfinance @halfinance]

Speak with our experts to learn more about financing solutions that are tailored to your specific needs.

Click the link https://t.co/d9uXOq9a7J to Talk to the Expert

[Halfinance @halfinance]

We understand the challenges of growing a business with little resources. Even more so as a business owner looking for halal/ethical investment.

The Murabaha (cost plus sale) model is popularly used by Islamic financial institutions to provide the lever that businesses need.

[Halfinance @halfinance]

The Murabaha financing is simply done by the bank purchasing the goods/raw materials from the supplier directly and selling it to the customer at an agreed mark-up (profit rate). The customer then pays the bank the agreed sale sum in instalments over an agreed period.

[Halfinance @halfinance]

It can be tempting to accept agreements when you're gaining at the expense of others, especially when the "odds seem to be in your favour".

But remember, we don't do that here.

We stay Halal 100%

[Halfinance @halfinance]

Takaful is a cooperative system of restitution in the event of loss, established as an Islamic or sharia-compliant alternative to conventional insurance.

You’re unsure of where to start?
Don’t worry! Our experts are here to help.
Click the link in the bio to Talk to the Experts

[Halfinance @halfinance]

With natural disasters hitting the world and fundraisers flying around, it is important that we prepare ourselves for unforeseen circumstances.
In the event of a financial loss e.g.,damage to home due to natural disasters or domestic fire, insurance can help mitigate the impact.

[Halfinance @halfinance]

Welcome to a new week!

As you render and employ services, endeavour to follow the sunnah by specifying the cost implication and reaching an agreement prior to execution.

These guidelines are always for our benefit

#islamicfinance #muslimsinbusiness

[Halfinance @halfinance]

Do you want to explore these options but don't know how?

Why not Talk to the Expert today?

Click the link https://t.co/Hv4sLw057F to Talk to the expert

[Halfinance @halfinance]

Halal Investment options for you!

[Halfinance @halfinance]

These options include both the traditional “land” and “gold” investments as well as more sophisticated financial instruments which usually need a bit more explaining and vetting by a shariah scholar.
Read the full article https://t.co/MtGovm7dA6

[Halfinance @halfinance]

It’s another business week!

As a business owner in a capitalist world, it may be tempting to hide product flaws to maximise profit. Your islamic ideals should impact your business.
Do not allow transitory benefits deprive you of eternal joy.

[Halfinance @halfinance]

It's the beginning of a new week!

Another week of prospecting and closing deals.

As you finalise any transactions, make sure that all conditions are clear and that all parties are on the same page.

As a best practise, all agreements should be documented.

[Halfinance @halfinance]

Want to Talk to the Expert?

Click the link in the bio to get started.

[Halfinance @halfinance]

What should they all do?
p.s. the answer is at the end.

Tayo now earns 250,000 Naira every month.He wants to invest some of his wealth in a way that will yield financial success without compromising his ethical values, but he doesn't know where to start.

What should he do?

[Halfinance @halfinance]

Talk to the expert is a service offered by Halfinance to individuals, families, & entrepreneurs to help them navigate and make the right decisions on career, savings, investment, wealth management, personal finance, insurance, &business financing at an affordable fee.