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Friday, November 13 - 2009

IslamiQ team up with Muslim Aid and MERCY Malaysia

  • United Arab Emirates: Sunday, November 25 - 2001 at 09:58
  • PRESS RELEASE

IslamiQ, the first online company dedicated to meeting the Islamic investment and financial needs of the global Muslim community, has joined 'MERCY Malaysia' and 'Muslim Aid' to promote their Afghanistan humanitarian campaigns, via its Zakah and Sadaqah Payment Gateway, featured on its www.IslamiQ.com site.

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MERCY Malaysia chose IslamiQ to carry out its Ramadhan Charity Campaign on its online Zakah and Sadaqah Center in order to leverage IslamiQ's existing members and visitors which are largely made up of Islamic banking and finance customers, practitioners, and academicians from the Middle East, Asia, US and Europe.

Muslim Aid, which has now been featured on the Zakah Payment Gateway for over a year, is also utilising IslamiQ to highlight its £5 million Afghanistan appeal in response to the deepening humanitarian crisis in the country.

The online Ramadhan campaigns will ensure that donors who wish to contribute to the Afghanistan appeals of MERCY Malaysia and Muslim Aid, will be able to do so in a convenient and hassle free manner via the internet, thus saving them time and effort.

IslamiQ's Zakah and Sadaqah Center, at www.islamiq.com/zakah_center , was launched in November 2000, with the purpose of creating a central reference point and centre for online donations. The Center enables donors to make their donations directly to the charity of their choice. The Center also features a wide range of information on Zakah, and an online Zakah calculator, to ensure that donors are fully informed about this key pillar of Islam, and of course so that they pay the correct amount, to their chosen charity.

"We are delighted that both MERCY Malaysia and Muslim Aid are working with IslamiQ to highlight their Afghanistan appeals. Clearly the plight of the Afghan people deserves the attention of all our members and visitors, and we look forward to assisting our charity partners to help the Afghan refugees with much needed medical and humanitarian aid, Insha'Allah," commented IslamiQ's CEO, Dr. Hasnita Dato' Hashim.

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Notes and media contacts

IslamiQ

IslamiQ was launched in March 2000, by Dr Hasnita Dato' Hashim, one of the pioneers of Islamic investment banking. The site offers information on and access to investment products that are in line with the principles of Shari'ah law.

IslamiQ is guided by a Shari'ah board, which includes three internationally renowned Shari'ah scholars. The company has offices in Dubai, Kuwait and Kuala Lumpur.

IslamiQStocks.com was launched in August 2000 and is the first website to offer a comprehensive "stocks screening service" across several key exchanges according to Shari'ah Law.

IslamiQFunds was launched in October 2000 as part of IslamiQStocks and offers a range of Islamic investment funds in a single site. The IslamiQFunds service is the first online funds supermarket dedicated to Islamic products.

The IslamiQ Zakah Payment Gateway was launched in November 2000, providing Muslims with comprehensive information about Zakah, as well as a "Zakah Calculator". This service assists donors to pay the correct amount of Zakah, as well as allowing them to send their donations directly to a charity of their choice.

In February 2001, IslamiQ introduced the first integrated Islamic brokerage service TradeIslamiQ, allowing IslamiQ members to screen, analyse and trade in US stocks.

IslamiQ launched its ScreenIslamiQ Subscription Service in August 2001, allowing investors to verify the Shari'ah permissibility of 8,000 stocks, across the NYSE, NASDAQ, American Stock Exchange and London Stock Exchange. The service, a first of its kind, allows investors to screen their portfolio of equities according to the principles of Shari'ah.

Visit us at www.IslamiQ.com

Issued on behalf of IslamiQ by Zeidan Consultancy, Dubai, UAE,
Tel: 9714-3315725, Fax: 9714-3315724,
URL: www.zeidan.net

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