- Do you have an idea for a venture but don't have the finance to fund it?
- Are you looking for a way to fund your venture without taking out interest based loans or giving away some ownership/equity?
- Do you wish you could find out whether your idea will work or if others will like it?
Well, now you can! Halalfunder offers an exciting and practical way for turning your ideas into reality.
Many people are prevented from realising their ideas because of the mixture of investor and/or interest bearing loan models in existence today that either impose financial burdens or mean loss of some part of ownership . Particularly for Muslims Islam prohibits engaging in interest based loans and investments.
Halalfunder is a funding platform where people can offer benefits and rewards in return for people to the public in order to fund their project. Halalfunder does not provide loans or investments. Instead by turning to a community of interested people they can help make your project happen by buying its rewards - and creators always retain 100% ownership of their project.
Halalfunder is open to all ventures, big or small, in a wide variety of areas: small business, creating software, photography, social enterprise, new technologies, gaming, fashion, festivals, music, journalism, gastronomy, animation, publishing, film...
Through Halalfunder it is easy for you to build a community around your project and spread the news about your campaign to your friends, family, and fans.
It's completely free to register, apply, create and publish a project on Halalfunder and we do not charge anyone for backing a project. We simply charge project creators a percentage of the total amount raised and released. 5% for the "all or nothing" option and 8% for the "keep it all" option. Please note their is also a PayPal charge (please visit the PayPal website for details). Typically you factor this into your investment total.
It's easy to back a project. And backers can support their favourite project in many different currencies.
Projects and ideas for the biggest market in the world
With over 1.6 billion Muslims across the world, the "halal" market alone is worth an estimated US$2.1 trillion a year and is growing at US$500 billion annually due to an ever-increasing Muslim population. Muslims are predicated to account for 30% of the world’s population by 2025. Yet remarkably the majority of Muslims feel ignored by mainstream brands according to research carried out and there is a shortage of creative projects to meet Muslim needs. At Halalfunder we deeply understand and share the values of this global community. Our goal is to help people achieve their aspirations to create, support and access Muslim friendly, projects, products and services. Muslims today are deeply proud of their faith – and its core values are reflected in our "halal" guidelines.
For most Muslim consumers, halal is a basic product requirement. Halal is not only confined to foodstuffs but applies to everything. To be halal is to be Muslim friendly. Halalfunder welcomes any projects or ideas from anyone that are inclusive and Muslim friendly. It doesn’t have to be ideas and projects that are specifically aimed only at Muslims as long as its Muslim friendly. So whether your idea or project is purely a Muslim proposal or your hoping to make a halal product that appeals to everyone, Halalfunder can get you started.
Halalfunder is based in London UK and was founded by Habibur Rehman in 2012 and officially launched on the 1st Dhul Hijjah. Habibur is a qualified Information Security and Risk Management practioner. He is passionate about supporting the growth of the Halal market and believes that the crowdfunding model is an ideal solution for people to get halal funding and for others to support new Muslim friendly startups and projects.
Halafunder Ltd is a registered company: