Terms of Halal Investment
Terms of Halal Investment
Investors shall agree to follow these rules to safeguard your hard earned money. These rules are not just for our group, but for any company which offers halal investment and halal earnings across the world.
1. Earn Halal Money is not just you and me, but a family (group) of Muslim Investors. Who have invested their hard earned and halal money with us. Hence you should remember that, your actions shall be responsible not just for your money, but also the money of other investors.
2. Earn Halal Money strictly follows the Islamic Standards of Halal Investments. According to which, every business has Profits & Losses. And every investor shall accept both Profits & Losses. Which means, there could be some delays in payments and also you may get less payments. Everything is fair in Halal Business.
Unfortunately, some investors think low payments (sometimes) or delay in payments means the company is doing fraud. IF your mindset is as such, then please stay away from not just us, but the word investment. Investments are not for people who have such a thought.
3. Never invest haram money with us, some of the examples of haram money are:
- money taken on loan from a bank or financier for interest
- money taken wrongfully by lying or by cheating others
- money earned through bribes
- money earned through lotteries
- Amanah of other people (investing without their permission is also haram)
4. Never invest money, which is kept for emergencies or regular needs. Some of the emergencies and regular needs are:
- Medical Emergency
- Education Fees
- Marriage
- Hajj & Umrah (if scheduled within 6 months)
Because investments are for the long term and there could be sometimes delays in refunds. In Halal Investments, we cannot operate in pressure. Because, business has to be done with patience and proper planning. Investing emergency funds can disrupt not only your work, but also our operations.
5. Invest only from your savings. Invest only such an amount, which you think will give profit for the long term. Though you may earn weekly or monthly or quarterly profits, your main amount should be invested for the long term, to earn halal money with peace of mind.
6. Investors should be strong, fearless and not fall into words of people who are of low esteem. People of low esteem are always fearful and discussing your investment plans with such people may also instill fear in you. Earn Halal Money is managed by strong people, who are ready to accept any challenge, to safeguard your hard earned money. Hence you should totally keep trust in us and have a peaceful mind. inshaAllah
7.1 Our Profit/Loss sharing ratio is 80% Investors and 20% Our Group. For example, if we earn a profit of Rs. 1,00,000/-. Then the investors shall get the share according to investment from Rs. 80,000/- and our group shall get the profit of Rs. 20,000/-. All our transactions are strictly based on these ratios only.
7.2 Sometimes, for understanding purpose we share the profit percentage on investment. For example, we say if you invest an amount of Rs. 1,00,000/- you may earn a profit of 10%, i.e Rs. 10,000/-. However, you should clearly note that, this figure is only for understanding purpose and not be considered as profit percentage on investment (as it is not permissible). The actual Profit/Loss sharing ratio will be always as mentioned in point 7.1
7.3 The actual Profit/Loss sharing ratio will be always as mentioned in point 7.1, unless otherwise modified by us based on project requirement or emergency. For example, we can modify it to 90%:10% (or) 100%:0%. All these options are permissible and halal.
8. We do not invest in Share Market or Trading Platforms. Earn Halal Money considers investing in share market is haram as the money is not in the control of our group. Profits and losses depend on market fluctuations and not on actual sale of products or services. Hence the investors can be rest assured that we have zero investment policy towards share market, mutual funds or insurance related schemes.Â