Assalamualykum
I am against Riba because it doesn’t bring any happiness and blessings of Allah on business. I had a business of consumer products distribution agency, but I lost this business cause in this business my investment was from bank loan with Riba. I have paid the whole installment with Riba but I don’t have the business and benefits from it though it is still running. I feel happy about it after two years realizing the inner meaning of it. So I am against any sort of Riba base business interaction in my life. Please Muslim brothers of the world fight against Riba base financial activities and this way it will bring our financial prosperity with the blessing of Allah (SWT) to our peaceful life.
Presently I have a limited company based on Interior design and Architectural design with four partners doing business in Bangladesh without any Riba base investment. Recently we found out that in Bangladesh real estate base business is booming up to its real height. Specially ‘planned city building’ will be the best business for the upcoming years. As well as stock exchange business (which has increased 107% within last 1.5 years), food chain shop, organic agro base production and hospital or diagnostic centre.
We seek honest and Islamic minded joint venture investor and technical knowledge for those grounds. Which we will greatly appreciate and will welcome your extended hand towards us in the name of Allah(SWT) for helping each other.
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Comments
zakariyya isah (not verified)
Islamic bank in bangladesh
Thu, 2010/04/22 - 12:58Assalamu Alaikum brother from Bangladesh.
why dont you visit Islami Bank Bangladesh Limited (IBBL) it is an excellent Islamic Bank offering very good services to their clients. Insha Allah you will get all that you want there.
Goodluck,
nazhp
May Allah Bless You
Sat, 2010/04/24 - 15:03My Dear Zakariyya Isah
I am extremely sorry to say that the way the IBBL working in Bangladesh; their system unfortunately not following the Sharia rules for financing their project. Hence forth my father was a banker and he had some training for Islamic banking from IBBL and from that training when my father indicates something specific rules of Islam, for Riba function in IBBL the Managing Director could not answer properly why they are doing conventional banking just changing the name of the term and pretending that they are providing pure Islamic Banking.
So not only me those who had loan or project investment from them everyone of them admitted that IBBL is doing business same as conventional banking just using the name of Islam. so I and so many concise BD people don't depend on them.
Walaikum Assalam
nazhp
Genuine offer for investment and profit.
Thu, 2010/04/29 - 15:45Proposal @ 1
Land Area total= 9216 sft
Price = 3.96$ million
Aprtment building area = 5529.6 perfloor X 11 = 60825.6 sft
Building or Apartment making cost = 1.47$ million
Total Investment = 3.96$ million + 1.47$ million = 5.43$ million
Saling price per sft = 221$
Total saling price= 221$ X 60825.6sft = 10.34$ Million
Time Duration = 18 months(Maximum)
Proposal @ 2
Land Area total= 14400 sft
Price =7.35$ million
Aprtment building area =8640 per floor X 12 =103680 sft
Building or Apartment making cost = 2$ million
Total Investment = 7.35$ million + 2$ million =9.35$ million
Saling price per sft = 221$
Total saling price= 221$ X 103680 sft =20.29$ Million
Time Duration = 18 months(Maximum)