#shariahcompliance

[sarafscreening]

Explore Halal Coins for Ethical Investment: Your Guide to Shariah-Compliant Digital Assets in 2024

In recent years, cryptocurrency has evolved rapidly, offering numerous opportunities for ethical and responsible investments. However, for Muslim investors, the challenge is finding digital assets that comply with Islamic law. This guide will explore Halal coin investments, focusing on Shariah-compliant digital assets that offer ethical avenues for financial growth.

What Are Halal Coins?

Halal coins refer to cryptocurrencies that align with Shariah principles. In Islam, financial transactions must adhere to ethical standards, avoiding elements such as interest (riba) and uncertainty (gharar). Halal coin investments allow Muslims to engage in the crypto market while staying within the bounds of Islamic finance.

Why Choose Shariah-Compliant Cryptocurrencies?

Muslim investors are increasingly interested in digital assets that align with their religious beliefs. Shariah-compliant cryptocurrencies ensure that investment practices are ethical and avoid prohibited activities. These coins are typically based on transparency, fairness, and avoidance of high-risk speculation. For instance, they avoid industries like gambling, alcohol, and pork, making them ideal for investors seeking ethical opportunities.

Understanding Halal Coin Investments in 2024

As cryptocurrency evolves, more coins are being designed to comply with Shariah law. This section of our guide will delve into the key considerations for investing in Halal coin investments in 2024 and beyond.

Key Features of Halal Coins

When selecting a Halal cryptocurrency, assessing its compliance with Islamic finance is essential. The following are some key features to look for:

Transparency: A coin must have clear, transparent operations that allow investors to understand its mechanics.

Asset-backed: The coin should be backed by tangible assets to avoid excessive speculation.

Profit-sharing: Many Shariah-compliant projects focus on profit-sharing models, adhering to Islamic principles instead of charging interest.

Top Halal Coins to Consider in 2024

Below are some Shariah-compliant digital assets that are worth considering for ethical investments:

OneGram: OneGram is a cryptocurrency backed by gold, ensuring it meets the requirements of Shariah law. Each coin is linked to a gram of gold, offering stability and an ethical approach to crypto investments.

X8 Currency: X8 Currency is backed by a basket of eight fiat currencies and gold, making it a stable and Shariah-compliant cryptocurrency. It focuses on minimizing risk and volatility, aligning with Islamic financial guidelines.

Stellar (XLM): Although Stellar isn't exclusively Shariah-compliant, it has been recognized for its compatibility with Islamic finance. Stellar’s blockchain facilitates cross-border payments and asset tokenization in a transparent, low-cost manner.

The Importance of Ethical Investments in Islam

Islam promotes investments that contribute positively to society and discourages harm. When engaging in Halal coin investments, you are not only pursuing financial gain but also ensuring that your wealth is earned ethically and responsibly.

Risk Management in Halal Coin Investments

Like all forms of investment, Halal cryptocurrencies come with certain risks. However, Islamic finance encourages mitigating excessive risks by investing in tangible assets or coins with real-world utility. Always perform due diligence and consult with a Shariah advisor when in doubt.

Saraf Screening: Ensuring Shariah Compliance in Crypto

If you're unsure about which digital assets comply with Islamic law, Saraf Screening offers a solution. Saraf Screening provides tools and resources to help investors verify whether a cryptocurrency is Halal or not. By using Saraf Screening, you can ensure that your crypto portfolio aligns with your religious and ethical beliefs.

The Future of Halal Coin Investments

With the global adoption of cryptocurrencies on the rise, Halal coin investments are expected to gain further traction. In the coming years, we anticipate more projects specifically designed for the Muslim market. These coins will likely continue to focus on ethical investing, profit-sharing, and avoiding high-risk, speculative activities.

What to Expect in 2024 and Beyond

As 2024 unfolds, we expect more Muslim investors to enter the crypto market. Governments and financial institutions are also increasingly recognizing the demand for Shariah-compliant assets, leading to more regulatory clarity. This opens the door for innovative Halal cryptocurrencies that cater to the ethical concerns of Islamic investors.

How to Get Started with Halal Cryptocurrency Investments

If you are ready to explore Halal coin investments, it’s important to follow a few key steps:

Research: Always start with thorough research into the coin's fundamentals, including its use case and Shariah compliance.

Consult with Experts: Engaging with Islamic finance scholars or using tools like Saraf Screening can help ensure that your investment is Halal.

Diversify: Don’t put all your resources into one coin. Diversifying across multiple Shariah-compliant cryptocurrencies can mitigate risk and increase the likelihood of long-term returns.

Stay Informed: The crypto space is dynamic, with new regulations and innovations happening frequently. Keep updated on market trends and regulatory developments in Islamic finance.

CONTACT US: 

If you are ready to start your journey into ethical crypto investments, feel free to Contact Us at Saraf Screening for expert guidance and tools to ensure your investments are Shariah-compliant.

Address:  Single Business Tower - Floor 39, office 05 - Dubai UAE

Phone: 054 357 1111

Website: https://sarafscreening.com/

[kang-thea]

Bisnis Atomy sudah dapat sertifikat syariah loh di Malaysia 👍 #atomy #shariahcompliant #malaysia #atomymalaysia #bigger https://www.instagram.com/p/Co6swYurHFl/?igshid=NGJjMDIxMWI=

[abe-yih-prudential-bsn]

Mari sama-sama kita pelajari dari kisah pengalaman Syarima Ghazalli. 1) Duit Pampasan insuran konventional haram diambil dan mesti dilupuskan. 2) Duit pampasan insuran konventional tidak bole digunakan untuk membayar hutang arwah. 3) Semak & pastikan semua financial (KWSP, Loan, insurans, akaun Bank dll) semua sudah ditukar ke shariah compliance (Islamic) 4) Sesal dahulu pendapatan, sesal kemudian tiada gunanya. Semoga Bermanfaat Credit to : Syarima Ghazalli www.wasap.my/60109384495/infotakafulAnda Ahmad Faris Perunding Takaful Pilihan Anda PruBSN Takaful 010 9384495 #biartahujangankeliru #periksapolisianda #shariahcompliance #PruBsnTakaful https://www.instagram.com/p/CUMiNjilpSb/?utm_medium=tumblr

[kazai89-blog]

Tengah cari tudung yang sesuai untuk aktiviti outdoor hujung minggu ni? Yela dah nama pun outdoor mestila nak tudung yang selesa nak pulak cuaca kat Malaysia yang tak menentu betul tak? Dah tak payah pening-pening dah sis semua! Try pakai TAHAN Exclusive Sport Hijab-Rania ni pernah masuk Wanita Hari Ini tau confirm puas hati! 😻 Tudung ni memang ramai yang beli sebab: 1. Kain sejuk dan selesa/breathable 2. Cepat kering 3. Labuh menutup dada 4. Harga mampu milik! . psst: stock makin surut guys! cepat PM saya sekarang! Atau wasap je terus di: www.wassap.my/0193752891 #hijabers #hitamNampakKurus #hikingmalaysia #muslimahhikers #gegirl #shariahcompliance #patuhsyariah #tudungcantik #tudungoutdoor #running #marathon #girlpower #cantik #jogging #quickdry https://www.instagram.com/p/B9IgB8kDVYl/?igshid=qscaglu02kuw

[btc-current-blog]

The Shariah-compliance debate over blockchain, and Ripple's expansion in Islamic countries

The Shariah-compliance debate over blockchain, and Ripple’s expansion in Islamic countries

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The Shariah-compliance debate over blockchain, and Ripple’s expansion in Islamic countries

[ad_2] View Reddit by piceto – View Source

[erik595]

L'argomento trattato da questa importante opera è la metodologia del #diritto #islamico e la sua applicazione pratica ai problemi di giurisdizione. #shariah #islam #legge #leggi #laws #islamiclaws #muslims #musulmani #libro #libri #libros #book #books #islamicpost #islamiccountry #shariahcompliance #shariahlaw #libriconsigliati #consiglidilettura #bookstagram #bookish #bookhaul #bookshelf #bookporn #bookworms #allah #instabooks #instalibri https://www.instagram.com/p/Bnfqu2ylkN3/?utm_source=ig_tumblr_share&igshid=1d1tbytx8vy02

[fincrew]

Takaful refers to a cooperative form of insurance governed by Shariah law. Takaful members contribute to a pool of funds that members can use to receive financial support in a covered loss. The Takaful system is built on cooperation, responsibility, assurance, protection, and assistance among groups of participants. Put another way. It involves providing shared contributions to those in need.

Types Of Takaful

The parties to a conventional insurance contract are the policyholder and the insurance company. In return for insurance coverage, the policyholder pays the insurance company. Takaful, however, involves both the insurer and the insured as contract participants. Several types of contracts are used to manage the takaful contracts and coverage.

Wakalah (agency)

Mudharabah (profit-sharing)

Hybrid Model

Wakalah

The takaful operator, or Islamic insurance company, becomes a third-party agent and handles the takaful contract. It is the agent who manages participants’ funds. Participants pay a fee for the agent’s services.

Mudharabah

Unlike Wakalah contracts, Mudharabah contracts allow takaful participants to share profits with the contract company. The takaful participants provide capital through the premiums they pay. The contract manager invests the participants’ money into Sharia-compliant investments using his expertise and skills. Profits are shared between participants and the manager according to an agreement. A shared gain compensates the manager for their time and experience rather than paying a flat fee, and a manager does not receive compensation if the investments do not profit.

Hybrid Model

Hybrid Takaful, also known as mixed Takaful, combines elements of both Wakalah and Mudharabah. The takaful manager in this model receives a set Wakalah fee and a portion of the investment profits.

What Are The Advantages Of Takaful Insurances

Economic Benefit

Savings, investments, and income largely determine economic growth. Here’s how Takaful has impacted all three:

As Takaful products include a savings and investment component, they have become more complex and helpful in providing early preparation (in case of an emergency) to policyholders.

In Malaysia, because Takaful is Shariah Compliant, it is a popular instrument for saving compared to conventional insurance. Furthermore, non-Muslims can also get involved, which further strengthens its appeal.

Takaful’s can pool their funds effectively. By encouraging investment, the country’s Gross Domestic Product (GDP) increases, thereby boosting the nation’s income.

You Earn Profits Instead Of Bonuses

All participants and shareholders share profits from investments. It is unlike conventional insurance. Any extra profit or money derived from this coverage goes to the shareholders of the insurance companies.

Interest-Free

The traditional insurance industry aims to increase profit by collecting premiums and gaining interest on under-owned accounts. On the other hand, Takaful is aimed at achieving cooperation among participants.

Cashbacks

A certain amount of cashback is offered for certain Takaful products if no claims are made during coverage.

Good Deeds

The fundamental concept of Takaful is cooperation. A pooled fund provides financial assistance. People under Takaful collectively contribute to this. God will bless the participants both in this life and the next. Regardless of participants’ religious beliefs, the Takaful system benefits everyone regardless of color or creed.

[daniel-publicgold]

MEGA SEMINAR PUBLIC GOLD =========================== . Perhatian Buat Orang Bangi dan juga Ampang. Malam ni jangan lupa tau ada Mega Seminar Anjuran Public Gold. Masuk PERCUMA laa. Bagi yang berminat nak tahu pasal EMAS tapi takut dapat salah info dari orang yang tak betul. Ni la peluang keEMASan anda untuk tahu segala rahsia tentang EMAS. Ajak je kawan-kawan korang semua. Pergi beramai-ramai meriahkan majlis Ilmu ni. Bermula jam 8.30pm ni tau. Masa daftar tu tulis nama saya sebagai Introducer anda. Muhammad Daniel Nelison bin Stephen (PG00101715). Nak memudahkan urusan pendaftaran nanti. Mana tahu boleh menang Lucky Draw macam yang saya dapat aritu! Jangan lepaskan peluang ni. Ilmu EMAS pun dapat, Gold Bar EMAS pun dapat. In sha Allah. Muhammad Daniel Nelison Authorised Dealer Public Gold PG00101715 📱http://segramsebulan.wasap.my #seminar #bangi #ampang #wahchan #pohkong #habibjewels #emas999 #pelaburan #pendidikan #publicgold #pg10 #shariahcompliant #goldbar #dinar #dealer #PGG100Network #nextmohdzulkifli #rekemas #malaysia #selangor #putrajaya #kualalumpur https://www.instagram.com/p/Bp6r_VIApMf/?utm_source=ig_tumblr_share&igshid=3jqhdq2pmvs0

[48coins]

😞 🐃 QINTAR Token: Shariah-Compliant Cryptocurrency and Blockchain? 21-Apr-2019 For crypto lovers: 😞 🐃 QINTAR Token: Shariah-Compliant Cryptocurrency and Blockchain? What Is QINTAR? QINTAR is the first Sharia-compliant cryptocurrency that operates on a private, Sharia-compliant blockchain—the ISL Blockchain. Holders of Qintar on digital wallets will no longer need to travel to Mecca or Medina for the Hajj event having to worry about how to carry fiat currencies. Every year, more than 2 million pilgrims participate in the Hajj with 10 pilgrims annually between the Hajj and Umrah. - 😞 🐃 Continue reading #Blockchain #cryptocurrency #Qintar #ShariahCompliant #Token Reviews News Stories Daily https://48coins.com/qintar-token-shariah-compliant-cryptocurrency-and-blockchain/

[sarafscreening]

Understanding Shariah-Compliant Crypto Exchange: A Halal Approach to Digital Assets With an increase in Shariah-compliant crypto platforms, the world of digital finance has changed in amazing ways. These platforms are made to fit with Islamic ideals, making sure that all transactions and activities follow Shariah law. This is a way for Muslim investors to make investments that are in line with their religious views while still letting them join the growing digital currency market.

The Concept of Halal Crypto

As it relates to digital assets, “halal crypto” refers to digital money tools that follow Islamic rules. To be considered halal, crypto must meet certain requirements, such as not using interest-based transactions (riba), having too much uncertainty (gharar), or investing in businesses that aren’t allowed, like gambling, alcohol, or pork. By following these rules, we ensure Muslim buyers can trade digital assets without risking their faith.

Importance of Saraf Screening

We involve a thorough evaluation of digital assets to ensure they meet the stringent criteria set by Islamic law. This screening process looks at each digital asset’s technology, business plan, and financial practices to make sure they are in line with Islamic laws. By using Saraf screening, Shariah-compliant digital currency trading platforms give Muslim buyers peace of mind that their investments are moral and in line with their religious beliefs.

Conclusion:

Shariah-compliant crypto exchanges offer a much-needed solution for Muslim investors seeking to navigate the digital asset market without compromising their religious beliefs. By adhering to the principles of halal investment and implementing Saraf screening, these platforms provide a trustworthy and ethical alternative in the growing world of digital assets. As the demand for Shariah-compliant investment options continues to grow, these exchanges are poised to play a pivotal role in the future of digital asset trading.

[abe-yih-prudential-bsn]

Allahu akbar.. masih ramai yang ambil mudah atau tidak tahu tentang pentingnya muamalat Islam (patuh shariah) Contohnya, setiap tahun renew roadtax masih ambil insurans dan tidak pilih takaful. Lagi menyedihkan bila ditegur katanya sama sahaja keduanya ini. Begitu juga, ahli KWSP yang masih belum bertukar kepada akaun simpanan shariah bersegeralah menukarnya, kerana asal pendaftaran ahli ia menggunakan akaun simpanan konvensional. Katanya simpanan konvensional lebih menguntungkan. Pahala dosa belakang kira. Juga dividen ASB jangan lupa bersihkan peratus keuntungan yang datang daripada pelaburan yang tidak patuh shariah. Wallahu a'lam, kita bukan sahaja perlu melakukan (ibadat) yang bertepatan dengan syara' bahkan dalam (muamalat) juga perlu. Murka Allah bukan sahaja pada maksiat berzina, tinggal solat, minum arak, tapi juga pada muamalat yang berunsurkan riba, judi, rasuah dan sebagainya. Kredit : Ustaz Hassan Basri Ali Jom pilih yang patuh shariah! Perlindungan insuran anda juga pastikan yang patuh shariah (Takaful). 📲 https://tinyurl.com/TanyaTakaful Ahmad Faris Prudential BSN Takaful 010 9384495 #patuhshariah #produkpatuhshariah #shariahcomplience #ambilpeduli https://www.instagram.com/p/CeVDWjML5bG/?igshid=NGJjMDIxMWI=

[btc-current-blog]

The Shariah-compliance debate over blockchain, and Ripple's expansion in Islamic countries

The Shariah-compliance debate over blockchain, and Ripple’s expansion in Islamic countries

[ad_1]

The Shariah-compliance debate over blockchain, and Ripple’s expansion in Islamic countries

[ad_2] View Reddit by piceto – View Source

[alkasirportal-blog]

Blockchain-Assets

Al Kasir Portal brings to the world three new unique offerings branded as Al Mas, Al Haqeek and Al Falah. For the first time ever Blockchain-Assets backed by GIA certified Diamonds. All the three Blockchain-Assets are Shariah-compliant and built upon the Ethereum Blockchain. Hurry Up! Investor Now! Find out more at www.alkasirportal.com.

[fincrew]

A critical aspect of a responsible financial plan is to insure yourself. The choice between Takaful and conventional insurance is a dilemma many Malaysians may face. Both of them share the objective of protecting against financial loss, so they appear similar at first glance. A closer examination, however, reveals some significant differences.

What Is Takaful?

Takaful is defined as a joint guarantee. Essentially, it is an insurance policy based on Islamic principles. Takaful is a concept in which a group of people guarantees one another against loss or damage. Each participant contributes a certain amount of donation (tabarru) to a fund to fulfill their obligation. This fund is managed by a third party – the Takaful operator. The Takaful operator will compensate losses or damages per the agreement with its participants. A surplus is distributed only after the obligation of assisting the participants has been met. Takaful acts as a protection and profit-sharing venture between the Takaful operator and its participants through this principle.

How Does Conventional Insurance Differ From Takaful Insurance?

One of the most significant differences between Takaful and conventional insurance is that Takaful is based on Shariah law? Takaful is free of gharar, maisir, and riba. The main reason for the creation of Takaful was to eliminate these prohibited elements from traditional insurance. In conventional insurance, the insurer bears the risk associated with the insured. By contrast, Takaful is based on the theory of shared risk. Participants donate to a Takaful fund, and in the event of a loss, they receive the amount of their claim. In addition, Takaful participants retain an ownership interest in the fund, unlike conventional insurance. The participants’ contributions are invested into halal or sharia-compliant funds to earn investment income. When the Takaful operator generates a surplus, the participants and, sometimes, the Takaful operator will share. It puts everyone in a win-win position. The table below compares Takaful insurance to conventional insurance:

Takaful Insurance Conventional Insurance Based on cooperation Based solely on commercial factors Governed by Shariah and government laws Governed by government laws only Shareholders and Takaful plan holders can only invest in Shariah-compliant investment funds Conventional insurance premiums are invested in funds and investment channels that aren’t necessarily Shariah-compliant Unfettered by interest, gambling, and uncertainty (Riba, Gharar, and Maysir) It has elements of interest, gambling, and luck Takaful risks are distributed among participants who agree to assume risk jointly Risk is from an individual to a conventional insurance provider

Is Takaful Better Than Conventional Insurance?

Although takaful insurance isn’t physically cheaper than other forms of insurance, it may be more affordable in terms of its extra risk premiums. In harsh situations that would result in fund losses, takaful fund rates are usually fixed, and people prepared to take on additional risk are not always charged more. An individual with severe health conditions may be asked to increase his contribution to medical Takaful. Conventional insurance will charge more where additional risks have been identified (e.g., people in dangerous professions and smokers).

Can Non-Muslims Purchase Takaful?

While Takaful is based on Islamic principles, it is not a religious product, and anyone, including non-Muslims, can purchase it. Non-Muslims are increasingly beginning to participate in Takaful and Islamic finance products.

[daniel-publicgold]

Minggu gaji ni nak buat apa ye? Ha apa kata korang start simpan EMAS dan bayar secara ansuran selama 10 bulan. Kan lagi elok daripada korang tertanya mana pergi duit yang dah hilang? Kita mulakan dengan 1 Dinar; Harga 1 Dinar (RM898) + Premium (RM15) = RM913 First month korang bayar RM 112, next month and so on sampai bulan ke 10, cuma perlu Bayar RM89. RM89 sebulan? Mampu? - Tersangat la RENDAH dan tersangat la MAMPU. Nak tahu lebih lanjut call/WhatsApp sini; ➡️ 📱http://bit.do/EPP10 ➡️ 📱http://bit.do/EPP10 ➡️ 📱http://bit.do/EPP10 #epp #bayarsetiapbulan #ansuranemas #simpanankecemasan #savingmoney #publicgold #pg10 #shariahcompliant #goldbar #dinar #dealer #emasonline https://www.instagram.com/p/B25l29pjKMv/?igshid=16vaao6m5u1q4