Introduction
Halal Dollars Muddarabah is a program where you invest in Halal Dollars’ eCommerce business to earn a monthly profit share. Launched in 2023, it quickly gained popularity among our members, making it a rewarding journey for both our investors and the Halal Dollars company.
Why This?
We initially taught people how to start an eCommerce business. While many could start on their own, some found it too challenging to manage the business. They wanted to partner with us, investing their money while we, the Halal Dollars company, manage the business and share the profits based on an agreed percentage.
Benefits
The benefits are clear. Investors receive a monthly profit share without working or getting involved in the business, except for providing the capital. For Halal Dollars, it gives us access to more funds to grow our eCommerce business and increase the profits. For the Muslim community, it reduces unemployment rate by allowing us to hire more Muslims and train them in eCommerce.
When will I start receiving profit shares?
The month you invest is the collation month. The following month is for market analysis, followed by three months for operational setup and scaling. This ensures a strong foundation for consistent profitability. Your first profit share will be at the end of the sixth month, continuing monthly thereafter.
What is the incubation period?
The incubation period is from the time you invest until the end of the following month when your money isn’t working yet.
What’s the sharing formula?
The investor receives 32% of the profit, while Halal Dollars gets 68%.
Why does Halal Dollars get 68% of the profits?
Ecommerce is a robust business that relies heavily on human resources and amenities. We use our share of the profits to cover expenses like rent, salaries, bills, accommodation, maintenance, tools, and subscriptions.
What’s the average profits?
As of July 4th, 2024, the average profit recorded on a N1m investment is N250,000. This is shared based on the agreed percentage between investors and Halal Dollars.
What to expect?
As of July 4th, 2024, the last payment was N4,315 on a N50,000 investment and N388,000 on a N4m investment. These amounts may vary.
Guarantee
Mudaarabah follows Islamic finance rules with three scenarios:
- Profit: When a profit is made, it is shared based on the agreed percentage.
- Break-Even: When no profit or loss is recorded, the capital remains that of the investor.
- Loss: When no profit is made and a reduction in capital occurs, both the investor and the worker (Halal Dollars company) lose their investments. The investor loses part of their capital, while the worker loses their efforts and time.
It’s worth noting that with our years of experience, we have never experienced break-even or loses. In addition to that, we have an intricate risk mitigation strategy that offset looses and ensures profitability.
Risk mitigation strategy
Our risk mitigation strategy involves diversifying investments across various independent business units. This approach ensures that any potential losses in one area are offset by gains in others, maintaining overall stability and profitability.
How to quit
You can only request to quit the Mudaarabah program after 1 year. The 1 year counting starts after you receive your first profit share. All withdrawal requests will be processed 3 months after the request to quit is made.
Early Termination Policy
Exiting the Mudaarabah program before completing the due period violates the agreement and will result in the following penalties:
1. Future participation in the Halal Dollars Mudaarabah program will be permanently revoked.
2. All accrued profit shares must be refunded to Halal Dollars.
3. A 20% penalty fee on the invested amount must be paid to Halal Dollars.
How to Join
Joining Halal Dollars Mudaarabah is easy. After reading and agreeing to the terms, you request to join the payment gateway WhatsApp group. You will then be contacted on how to pay. Payments are made in multiples of N50,000.
Click Join to Pay below to make a request to join payment gateway group.
Contact Information
We are located at 1 Primate Adejobi Cres, Ikorodu Lagos. You can also send us an email at support@Halaldollars.ng. Our WhatsApp support team is always ready to assist you and answer any questions.
Compliance and Ethical Standards
Halal Dollars is a subsidiary of Saddleprime, fully registered in Nigeria and the UK. Saddleprime has been operating for over five years before Halal Dollars was launched in August 2022. We maintain transparency and adhere to high ethical standards in all our operations.
Community Impact
Through FutureWealth, we aim to make a positive impact on the Muslim Ummah by providing a secure and Halal investment option. This programme helps reduce poverty, creates employment opportunities, and supports economic growth in our community.
Investor Testimonials
We have received numerous testimonials from satisfied investors who have benefited from our Mudaarabah programme. FutureWealth aims to build on this success, offering even greater opportunities for financial growth and stability. Here are a few testimonials from our investors.
29 thoughts on “Mudaarabah”
Assalamualaikum,I really love dis app.I av been in d group but I didn’t get d message clear .Now I can benefit from Halal Dollars because I can go through any topic better here ad ask questions.May Almighty Allah bless u as u a revive d Islamic ummah.
Assalamu Alaikum Wa Rahmatullahi Wa Barrakatuh… My question to Halal Dollar concerning the Mudarabah. If in a case where by the investor want to quit after 1 year, will the Halal Dollar pay him back all the capital he use in investing???
1. What if I want to add to my previous investment Capital or basically want to invest for someone?
2. What will be the future of investors on their money if halaldollars moderators eventually died as Allah takes life as He wishes?
Salamuailekum, please if one intend to increase his or her invested amount ,for example 50k was invested, then the following month and one decided to add 150k or 50k ,can one do that. thanks
Salam Alekun,
I need a spread sheet on how the profit is sharing on monthly basis.
Use the minimum amount follow about 100k .200k to 1million naira .The profit to be taking on monthly basis.
For example if I have intention of 1 million naira how much will be my profit at the end of one month.spread sheet is needed pls.
Ma Salam
Assalam alaikunm WaramotulLah Wabarakatuh,
I require few FAQ on the mudaarabah and also, I wasn’t able to join the WhatsApp group for mudaarabah.
The link for Mudaarabah has is not valid anymore
Asalam Alaykum Warahmatulah,
The Whatsapp link to join to request to pay for Mudaarabah is not going through.
Good morning , i am really interested in investing on this platform (Muddarabah). However, i will require more detailed explanation, especially the requirements for joining , how would the legal agreement be signed with Hallal Dollars and prospective investor etc.
I intend investing as soon as possible please when provided with the details.
Thank you
I have been trying to join the WhatsApp group but it’s not going. Kindly send me the link to join the mudarabbah group please
I’m interested in the programme
Asallam Alaykum Waramotullah Wabarakatuh,
I have perused through the publication and I would like to join as an investor.
Kindly send me details of joining through my email details below.
Regards.
Olabanji Kazeem B. (FCA, FCTI)
Jazakumu llahu kayran
Assalamualaikum warahmatullahi wabarakaatuh
I have interest in joining the future wealth how can i do it
Jazakumullahu khayran
Asalamualaikum waramatu llahi wabarakatu i wish to invest in mudaraba
Assalamu alaikum warahmatullah, may the almighty Allah bless your business activities in many more ways to come.amin ya Allah, ya Hayyu ya Qayyum,
Im interested
Nice one 👍
As’salamu Alaykum wa rahmatullahi wa barakatuhu, pls how do I participate in this Halal dollars
Salam aihlakum
How’s he working
This is a laudable programme
Assalam alykum woramotuLlahi wobarakatu,
My name is Mohammed Shittu Abduljeleel Adewale, I am a native of Iseyin in Oyo state, based in Lagos State, I’m interested in Halal dollars concepts and her IJTHIAD on Al ummah.
In the light of this I wish to join the MUDAARABAH concept as part of sunnah and all opportunities of trainings abounds at Halal dollar.
Jazakum Llahu ahiran jaza.
Barakallahu fihi
Jazakumulahu khairan jaza
Alhamduillah Masha Allah,may Allah bless your halal dollar in many more ways to come
Interesting to join
Assalam aleykum waramotulahi wabaratuhu may Allah guide to the right path, my question is if I invest within six months I want to quit as student in order paid school fees is it allow or must be attain a year as you said sir, how can I know much about the stuff because I want to know my money is used for halal that my objective to come here., jazakum lahu khair
This is constructive! May Allaah bless the effort.
BaarakaLlaahu fikum
A year is too long for quitting mudarabah. I thought we could quit after 6 months we start collecting profit. a year too long. What if there is a crash or issue that results in a crash before the completion of the one year
Salam alaykum sir what is the minimum share to start with and if I pay today when exactly is the sharing formula