Job Description Overview: Compliance functions are a key component of company’s second line of defence for managing compliance risks. Its role is to ensure that the company operates with integrity and adhere to applicable laws, regulations and internal policies. A strong, independent compliance function can mitigate risks related to misconduct, money laundering and other formsContinue reading “Regulatory Compliance Manager”
Author Archives: PatSalam
For Real Muslims, Real Halal goes beyond food and beverages .
How you conduct business will determine if your goods and services are halal or haram Halal refers to anything that is permissible under Islamic law. End-to-end halal encompasses all aspects of a product’s production, from sourcing of raw materials to final packaging and logistics. Muslims are required by their faith to consume only halal products.Continue reading “For Real Muslims, Real Halal goes beyond food and beverages .”
Trillion Dollars Merchant Acquiring Industry is a vital part of the Global Economy
Merchant Acquiring is a rapidly growing industry that plays a crucial role in enabling electronic payments across the global economy. It is responsible for facilitating payment transactions between merchants, issuers, and card networks, enabling businesses to accept electronic payments from their customers seamlessly. With a market size surpassing $4 trillion, it’s evident that Merchant AcquiringContinue reading “Trillion Dollars Merchant Acquiring Industry is a vital part of the Global Economy”
My Two Cents – On Over hiring , Frugality and profitability
My Two Cents –On Over hiring , Frugality and profitability During the startup process, frugality often becomes essential to survival, and the focus is on keeping costs low in order to conserve resources and stay afloat. As a result, every expense is scrutinized and considered in terms of its overall value to the company. ThisContinue reading “My Two Cents – On Over hiring , Frugality and profitability”
Keep payment transactions safe and halal.Shield for your e-commerce business from fraudsters.
PayHalal what is it really? PayHalal Payment gateway safety features are crucial for secure electronic transactions. Authentication security, data encryption, and fraud detection are important safety features in payment gateways. PayHalal as a licensed merchant acquirer provides Industry standards for security compliance by payment gateways. PayHalal payment gateway provides with strong safety features in authenticationContinue reading “Keep payment transactions safe and halal.Shield for your e-commerce business from fraudsters.”
Manager – Merchant Sales and Acquiring
• Full-time • Government/ Corporate/ Islamic & Halal industry & Islamic Institutional Merchants Company Description Souqa Fintech is merchant acquirer in digital payments, facilitating payments transactions between consumers, merchants, financial institutions and government entities in Malaysia . Our mission is to create a shariah compliant digital payment ecosystem for the Islamic and halal economy throughContinue reading “Manager – Merchant Sales and Acquiring”
“You risk losing your money if your money is collected by a payment gateway that’s a unlicensed merchant acquirer “
1. Payment gateway and merchant acquiring license: A payment gateway is a technology that facilitates online transactions by processing credit card payments. A merchant acquiring license is a permit issued to a financial institution to process electronic payments on behalf of a business. 2. Regulations: Payment gateways and merchant acquiring licenses are subject to governmentContinue reading ““You risk losing your money if your money is collected by a payment gateway that’s a unlicensed merchant acquirer “”
PayHalal reduces your shopping cart abandonment by 88.7%
PayHalal is a payment gateway that is designed to serve the needs of Muslim customers who prefer to shop online in a way that is compliant with their religious beliefs. PayHalal provides a convenient and reliable method for conducting transactions in accordance with Shariah principles, which can benefit e-commerce businesses by boosting sales, customer loyalty,Continue reading “PayHalal reduces your shopping cart abandonment by 88.7%”
Haram income destroys life
Impact of haram income on individuals, their loved ones, and society. Haram income refers to any earnings acquired through wrongful means not sanctioned by Islam. While income is often associated with salaries and financial rewards, it can also include non-monetary gains such as recognition and praise. However, if the source of this income is haram,Continue reading “Haram income destroys life”
“Every flesh nourished by haram deserves fire” (Hadith Shu`abul iman,5521)
If a Muslim chooses not to use a shariah compliant bank or payment method, they may be engaging in a financial activity that is not in accordance with Islamic law. This could lead to their wealth being considered unlawful by Islamic standards, which may have spiritual consequences for them. Additionally, using conventional banks or paymentContinue reading ““Every flesh nourished by haram deserves fire” (Hadith Shu`abul iman,5521)”
PayHalal 