I have developed an Islamic way of borrowing for small businesses.
This is how it happens, A person gives you money as a loan and you give them a % of profits or loss of your company for the duration of time.
For example, Person A gives you a 0.5 million loan for a 2% share in the profits/loss of the company for 6 months.
You can calculate your company’s profit or loss monthly and pay that person if it is a profit, and if it is a loss you can write it down. After 6 months you return the loan amount minus the loss. or extend the agreement for another 6 months.
It works very well for companies that are in sectors with minimum risks. Please let me know your thoughts I am looking forward to your comments 🙂
Original Facebook: Islamic Loan for companies
I once went to pray in another sect’s mosque. I asked them about the way they pray and I tried to pray like them. I was very nice to them and they were nice to me. However, at the end imam, shb asked me who are you? what do u do? I gave a general answer nothing specific. Then he asked me “Show me your wallet how much money you have” (why we judge people based on their financial status.) I had some 40 rupees in it. Though before imam shb could say anything I showed him my bank cards and the whole congregation smiled. I wasn’t allowed to enter the mosque the next morning. We have become so intolerant that we don’t see people praying in each other’s mosques. We don’t even want to share our beliefs. we should become more tolerant.
میں ایک دفعہ دوسرے فرقے کی مسجد میں نماز پڑھنے گیا۔ میں ان کے ساتھ بہت اچھا تھا اور وہ میرے لیے اچھے تھے۔ البتہ آخر میں امام نے مجھ سے پوچھا کہ تم کون ہو؟ آپ کیا کرتے ہو؟ میں نے عمومی جواب دیا کچھ خاص نہیں۔ پھر اس نے مجھ سے پوچھا “مجھے بتاؤ کہ تمہارے پاس کتنا پیسہ ہے” (ہم لوگوں کو ان کی مالی حیثیت کی بنیاد پر کیوں فیصلہ کرتے ہیں۔) میرے پاس اس میں 40 روپے تھے۔ اگرچہ امام صاحب کچھ کہنے سے پہلے میں نے اسے اپنے بینک کارڈ دکھائے اور پوری جماعت مسکرا دی۔ مجھے اگلی صبح مسجد میں داخل ہونے کی اجازت نہیں تھی۔
In the last few days, Imran Khan’s Govt has made so many mistakes regarding their dealing with TLP.
Today was the worst day when Police opened fire on TLP.
While I disagree with the methods of TLP but what do you expect from them?
There are deaths on both sides, there is still time to handle this with maturity. Otherwise, there will be more deaths in the Holy Month of Ramadan.
Pakistan citizen portal sending notifications for surveys about flour prices. I had a vision 3 years back of a social network where you can even cast your votes, vote on policies, do referendums and census, etc.
One day we will see all of this, In Shaa Allah.
Facebook Post: Elections on Social Media
Instead of NLE if we introduce a passing criteria that every 10 students will have to publish a research paper in an international journal.
That would have been much better for learning of medical students.
Facebook Post: NLE
Facebook Post: Vote