Bismillah

InshaAllah, based on the suggestions we received from many of you, we are going to introduce these new services:

1. Every week we will post the translation of financial Fiqh issue
2. Every 3 months we will discuss a business case
3. Every 6 months our private club will invest in one of these deals. We are not soliciting investment, the club is private for now, but we will share with you our insights as much as possible

Currently, we are investing in a seminar business in Malaysia. We will discuss the pros and cons and why we decided to invest in such a company.

Say, “I hold not for myself [the power of] benefit or harm, except what Allah has willed. And if I knew the unseen, I could have acquired much wealth, and no harm would have touched me. I am not except a warner and a bringer of good tidings to a people who believe.” [7:188]

Watch this conversation of investors Jim Rogers, Marc Faber, and Daniel Yergin recorded in 2003. It is interesting to see their forecast.

Click here to see the video

Things discussed: save, invest, China, India, US, Japan, Netherlands, Turkey, Europe, entrepreneurial culture, gold, oil, stock, trends, globalization, infrastructure, currency, debt, system, population, policy, power play, consumption, English language, Chinese language, world economy

Here is the video posted on YouTube:

The Riverside Conversations: a series of conversations for television hosted by Jim Rogers. Each installment will be 50 minutes long and concentrate, in depth, on one important issue.

Professor Bob Bontempo reveals how to self-awareness and emotional intelligence can enhance your income and career. Bontempo is the faculty director of Columbia Business School Executive Education’s “Persuasion: Influencing Without Authority.”

Dan was a single guy living at home with his father and working in the family business.

When he found out he was going to inherit a fortune when his sickly father died, he decided he needed a wife with which to share his fortune.

One evening at an investment meeting he spotted the most beautiful woman he had ever seen.

Her natural beauty took his breath away. Therefore he compelled to approach her, and he said,

“I may look like just an ordinary man, but in just a few years, my father will
die, and I’ll inherit $200 million.”

Impressed, the woman obtained his business card
and three days later,
.
.
.
.
.

she became his stepmother…

Women are so much better at financial planning than men….

“Big trees attracts wind.” This phrase means when you are big enough you attract attention. The good news is the Muslim population in France is big enough to attract non-Muslim fast food chains to sell Halal meat and remove pork from their menu; the not so good news is the controversy over such business moves.

Halal meat, or meat slaughtered in line with Muslim tradition, is at the centre of a political controversy.

Quick – a fast-food French restaurant chain – is testing out a new niche market, withdrawing all pork products from the menu and serving only halal meat in some of its branches.

Experts say that with more than 5 million French Muslims who are potential customers, Quick is targeting a booming market: the $7.5bn halal business.

But the mayor of Roubaix, a French town near the northern city of Lille, has launched a law suit against the food chain, arguing that it constituted “discrimination” against non-Muslims.

And Marine Le Pen, the vice-president of the far-right National Front party, has warned of “Islamisation”.

Al Jazeera’s Estelle Youssouffa reports from Paris.

Source: Al Jazeera

Bob Moore, owner of Bob’s Red Mill Natural Foods, gave his company via an Employee Stock Ownership Plan to his employees.

Click here for the story: http://marketplace.publicradio.org/display/web/2010/02/18/pm-bobs-oats-q/

HalalBucks monthly event.

A conversation with the founder of ABDUL-SALAAM TIMEPIECES.

When: Sat Feb 13, 2010 10:00 am (Pacific Time)

Bilal Abdul Salaam was a radio host, music producer, and assistant to Will Smith. He worked in product placement of high end watches and founded his Abdul Salaam timepiece company.

Join the mailing list to know about the details of this event.

Post your questions here for brother Bilal.

Here is the link to find out event details (you can attend by phone or online)

You can literally find wealthy people in any industry/profession. Yes, the average and the medium income differs from one industry to another, but why waste your life as an average-jo in something you don’t like when you can excel in something you do like?

So, work your passion, and money will follow you, inshaAllah.

Click here for the article: Jake Burton puts his personal stamp on Burton Snowboards

This lecture is A MUST listen for Muslims pursuing Halal wealth.

We contacted IlmQuest to buy the CD, but never heard back from them. However, after a little googling found the lecture online.

CD Set: Let’s Buy a House Islamically, By Ghassan Barqawi

After a quick search online, the following result was found:
[disclaimer: We have no affiliation with the result pasted below]

Buying a home is a major dream for almost every family. However, it is a decision that goes well beyond finances. You want your home to reflect your values and your lifestyle. The biggest advantage to owning a house over renting an apartment is that your house belongs to you. It’s your home, and that’s a pretty big achievement in itself. This is why when a person is ready to buy a house, emotion can often get in the way of effective decision making. Not only can it hinder sound financial planning, but it can lead one into major sins. This CD Set is a guide to know what Islamic Finance really is, how one can understand the different terms used by various Islamic financial institutes, and how to make the best decision for your family in this life as well as the next. Shiekh Ghassan had the honor to study under the late scholar of Yemen, Shiekh Muqbil bin Haadi al-Waadi’ee, and earned an Ijaazah in Hadith from him. He has a Masters degree in Business and is an advisor who is able to give guidance in the field of Finance. He is also the founder of the Islamic Institution of Islamic Studies of Columbia, South Carolina. At present he is the Imam of the Islamic Center of Mobile, Alabama.

JAK Bank and Swedish interest-free model.

Here is another article about it published by Feasta: The Foundation for the Economics of Sustainability.