PayHalal World’s 1st Takaful payment processing specialist

PayHalal Takaful payment processing specialist Serving the needs of your takaful customers often means outgoing payments to satisfy a claim or an annuity. Yet most customer touch points involve premium payments coming in. You need custom payments to ensure success.  Your Muslim customers share common concerns: is the takaful protection shariah compliant is the premium payment methodsContinue reading “PayHalal World’s 1st Takaful payment processing specialist”

Bahaya Riba dalam transaksi eCommerce

Riba merupakan perkataan Arab yang berasal daripada kata kerja “Raba”, yang bermaksud ‘tumbuh’, ‘melampaui’, dan ‘meningkat’. Ini merangkumi faedah yang dibayar oleh Bank atau pinjaman seperti pinjaman rumah, pinjaman kereta atau hutang kad kredit termasuk faedah tidak langsung melalui pembelian.Terdapat banyak bukti yang menunjukkan bahawa riba adalah haram dan merupakan antara sebahagian daripada dosa besarContinue reading “Bahaya Riba dalam transaksi eCommerce”

The Dangers of Riba

Riba comes from an Arabic noun which is from the verb Raba, meaning ‘to grow’, ‘to exceed’, and ‘to increase’. It includes interest which is paid by banks or on loans such as home loans, car loans or credit card debt including indirect interest through purchase. There is a lot of evidences showing that riba is haram and one of the most seriousContinue reading “The Dangers of Riba”

PayHalal eCommerce Transaction Volume spikes 1878%

Souqa Fintech’s shariah compliant financial technology division PayHalal has gained 1878% spike in its eCommerce payment volume transactions as PayHalal is gearing up fo Bursa Leap Market’s listing 3rd quarter of 2020 . Its Chief Financial OfficerMuazir Mokhtar said he is “confident that PayHalal will become World’s largest Islamic payment gateway”. While PayHalal has signedContinue reading “PayHalal eCommerce Transaction Volume spikes 1878%”

Covid19 Bill Tabled

The covid-19 bill has been tabled in parliament for first reading. As enclosed is a copy of it for your reading. In summary, the covid-19 bill seeks to do briefly three things:(a) Suspend the obligations of a number of contracts listed under its schedule (construction contract included).(b) Provide an extension of the limitation period expiringContinue reading “Covid19 Bill Tabled”

PayHalal‘s Islamic Digital Economic Accelerator To Bring The Islamic World Together

PayHalal is becoming the global standard for Islamic Fintech. Mass adoption of Islamic e-Commerce payment gateways is flourishing in the Islamic financial sector and with governmental support to expand the digitalisation of the Islamic economy, an ecosystem is being carved out for Shariah Compliant Fintech to flourish.Indication for Malaysia’s rising demand PayHalal a pioneer inContinue reading “PayHalal‘s Islamic Digital Economic Accelerator To Bring The Islamic World Together”

“Umatku yang baik ialah mereka yang berkorban dan umatku yang jahat ialah mereka yang tidak berkorban.”

Lembu yang dibeli untuk ibadah korban mestilah berumur lebih dua tahun, tidak sakit, tidak cacat, tidak kurus, tidak buta dan tidak bunting. Manakala kambing pula cukup umurnya mengikut ketentuan syarak. Lembu dan kambing korban mestilah disembelih dan dagingnya diagih-agihkan pada Hari Raya Eidul Adha. Sijil pengesahan penyempurnaan ibadah korban diserahkan kembali oleh Ahli Jawatankuasa MasjidContinue reading ““Umatku yang baik ialah mereka yang berkorban dan umatku yang jahat ialah mereka yang tidak berkorban.””

PayHalal Shariah Compliant Merchants Channel Requirements

PayHalal Prohibition list – List of Shariah Non-Compliant Business Activities and Business Transaction Specific merchant activities listed below are examples only and do not restrict the general categories of activities, goods , services or transaction. 1. Any business activities or transactions related to alcoholic drinks including production, distribution, retail and wholesale and supplying of services,Continue reading “PayHalal Shariah Compliant Merchants Channel Requirements”

BOLEHKAH BUKAN ISLAM BAYAR ZAKAT?

Soalan: Ada teman-teman saya yang bukan beragama Islam, namun pada setiap tahun mengeluarkan zakat dan memberikan sedekah. Apabila ditanya, kenapa mereka berbuat demikian, maka mereka menyatakan ia dapat menggandakan keuntungan perniagaan mereka. Saya keliru, apakah boleh bagi orang bukan Islam mengeluarkan zakat? Apakah statusnya masih dikira sebagai zakat? Bolehkah pusat zakat menerimanya? Apakah orang IslamContinue reading “BOLEHKAH BUKAN ISLAM BAYAR ZAKAT?”

Positive Affirmations from the Quran

Our inner conversations, words, thoughts, and feelings determine the kind of life and reality we experience. If we occupy our minds with negative thoughts and expect difficulties and problems, we will draw them into our lives. If we constantly think of success we will achieve success. If we find it difficult to think positively, affirmationsContinue reading “Positive Affirmations from the Quran”