Five Halal Business Ideas With High Profit That Muslim Should Do By Abduljelil Kabeeroh Oluwakemi

Muslims have been known as fore runners in business, science and other aspects of civilization. The principles of Islamic financial transactions span back to the 14th century. The early Muslims involved in trade and merchandise that created opportunities through the Mesopotamian colonies down to west Africa.

Halal Business can be defined as any kind of entrepreneurial business producing only halal products and services or those permitted in the Islamic norms and principles. To be more specific, a Halal business must comply with the Qur’an or the Hadith.

Halal Business may be classified into categories like food, beverage, medicine, cosmetics, clothing, services like tourism, accounting, banking, finance, etc.

Halal business ideas have a wide area of operation as well as great demand. With a good knowledge of Halal rules and Islamic principles, you can prosper in any of the Halal business ideas and expand your business globally.

1. Set out with a good intention: Abubakr As-Sideeq (RA) was a wealthy merchant that conducted his business with integrity. He was the first man to attest to faith. When he became Muslim, he continued his business and was also calling to the path of Allah. Some eminent companions accepted Islam at this instance of Abu Bakr. Among which were: Uthman bin Affan, Zubair bin Awam Talhah bin Ubaidullah, Abdur Rahman bin ‘Auf, Sa’ad bin Abi Waqas and Abu Ubaidah bin Al-Jarrah (RAM). These were men of status who later proved to be great assets for Islam. They were all from the ten whom Allah gave glad tidings of paradise from earth. Indeed this action of Abubakr earned him supreme success both in his lifetime and afterlife. In relation to business, start with a good intention, have a positive psyche, hit the ground running and aim for success in both worlds.

2. Indulge in ‘Halaal’ transactions: Allah the Exalted informs us in the noble Qur’an thus: “O you who believe! Eat not Riba (usury) doubled and multiplied, but fear Allah that you may be successful.” (Q3:130).

Besides usury, Muslims also need to avoid any business related to alcohol, gambling, pornography and all that Islam forbids in entirety. Although, some of those businesses seem lucrative. However, there’s no success in aiding evil behind the scene. In addition, we’re forbidden from hoarding up goods in anticipation of scarcity. This is often done with the intention to make huge profit when the real scarcity occurs.

3. Build trust through sincerity: A good instance can be cited from the life of the messenger of Allah (PBUH). His sincerity with Khadijah was what earned her love for him. There should also be fairness in deals. While Islam doesn’t set profit limit, there’s also no need to exploit customer’s naivety. If there’s any fault in the good, its best one reveals it or fix it before sale. Allah’s Apostle (PBUH) told us: “He’s not one of us, the one who deceives us”. Another uncommon practice in recent times is adjustment of measures. It is so rampant that even gas stations do it in certain geographical locations. This is an act that is highly detestable as it incurs the wrath of Allah.

4. Start little, expand large: One secret of business success is diversification and reinvestment of profits. A good example can be taken from the life of AbdurRahman bin Auf (RA). When he migrated to Madinah, his ansari brother donated half of his wealth to him. In return, Ibn Auf (RA) told him: “may Allah bless your wealth and family. Just show me the way to the market”. He set out by selling dried butter milk with just two dirhams. He later moved to selling horses and made more profits by adding the saddles to his stock. As Allah blessed him more, he expanded into agricultural produce and export trade. He was stupendously rich and he donated generously in charity.

1. Catering Service

If cooking is your passion Halal catering service can be a good halal business idea for you. Prepare delicious Halal food and deliver them to several clients like offices, residences, parties, etc. Good quality food, timely delivery, and smart packaging will earn you more clients. Apart from that, personal contacts, social media publicity are also helpful. Cooking classes are a very good Halal business idea for you if you are an expert cook. Halal cooking classes have good demand. You can teach students at home, at a commonplace, or by a virtual medium like zoom or Duo, etc. Good publicity and marketing are essential to growing this business.

2. Web Designing

Web designing is a very lucrative Halal business idea. If you have web designing training you can start this business. Many Islamic business enterprises need to develop or update their websites and you can get good business from them. Your company must have a website so that you can get orders and payments online. A good idea of web content, navigation, and SEO is essential for becoming an efficient web designer.

3. Create a YouTube Channel

YouTube channels are immensely popular now. You can start a YouTube channel on Islamic Religion which is a great Halal business idea. As the viewership of your channel increases, you will get more income. Make the content of your channel interesting by inviting good speakers and common people for their opinion. You must have the idea of launching YouTube channels. Sharing the link of your channel on various digital platforms and social media will make your channel more popular.

4. Calligraphy

Become a calligraphy teacher and help students learn how to write Arabic in a majestic manner using ancient techniques, helping individuals boost their creativity and developing talents.

You can make a business out of Islamic themed greeting cards for special season such as Eid and Ramadan.

5. Bookshop

You can open a bookshop where you can sell the Quran and other religious books on the Muslim religion. There is a large market for the Holy Quran and other religious books especially if you have done your homework before stocking your bookshop with books. Irrespective of what you may think, there are not enough book shops in the the world today.If you are good in storytelling, then you may choose to become a children’s story publisher, creating material around Islamic stories which are child friendly, full of colors and Islamic teachings and lessons.

Conclusion

At the end of the day, your passion and hard work will play an important role in the success of your business. No matter which Halal business you start you will have to work hard and smart to succeed in it. We would like to invite our readers to give feedback on any of the above-mentioned Halal business ideas by sending us an email message. If you have become successful in any Halal business initiative, please write to us. We will be happy to share your story with our readers from around the world.