iHilal.com launches Umrah Promotion
iHilal.com has announced the launch of a new Umrah initiative, which will continue through the holy month of Ramadan, to encourage Muslims worldwide to participate in Sharia’ah-compliant investment options. <br>
iHilal Financial Services, a leading online Islamic financial services provider has announced the launch of a new Umrah initiative starting in the holy month of Ramadan to encourage Muslims worldwide to participate in Sharia’ah-compliant investment options.
“The newly launched Umrah initiative is one of the many ways in which iHilal shows its commitment to Muslim communities around the globe,” said Ramzi Abu Khadra, CEO of iHilal Financial Services.
Visitors to iHilal website at www.ihilal.com, who open a new brokerage account or create an investment profile in an Islamic mutual fund, will be eligible for iHilal’s draw on two economy class return tickets to Mecca from wherever they are in the world. In addition to complying with Shari’ah guidelines, iHilal's Islamic mutual funds—featured in the Umrah promotion—offer Muslim investors the ability to manage their capital by specialised investment institutions. Moreover, mutual funds options available on iHilal are provided by a group of leading and well-known banks and financial institutions. To make investment options as affordable as possible to Muslim investors, iHilal enables the establishment of accounts with an initial balance of $2000.
Muslims interested in Islamic stock trading can start investing with as little as $500. Islamic stock options available at iHilal provide Muslims with access to over 1,000 stocks using the iHilal Islamic filter, which is based on the Dow Jones Islamic screening process.
Investors with iHilal Islamic stock trading service can monitor their account details and progress online. In addition, iHilal provides investors with real-time, updated stock research, news, and quotes on world financial markets. iHilal's Umrah promotion will continue through Feb 2002 and the winner will be announced during the upcoming Eid Al-Adha.