Tuesday, 18 April 2023

IQ Option introduces Islamic account for Android users

Source: IQ Option. Crescent moon and a screen showing charts.
Source: IQ Option. Poster for the new Islamic account.

IQ Option, the online trading platform, has introduced Islamic accounts to its Android users. IQ Option's new feature aims to cater to the needs of Muslim traders, who were previously excluded from the trading market due to religious restrictions.

The IQ Option Islamic account has a one-time fixed fee and features halal stocks for trading. Traders can extend their positions to the next trading day for free. Traditionally, this would have required an overnight commission or swap fee, which is considered usury and prohibited by shari'ah law.

Islamic account users also have access to 21 halal stocks. These are shares of companies that do not sell alcohol and tobacco, as well as companies known in the Islamic world and traded on Islamic exchanges.

IQ Option's Islamic account has a one-time commission of US$1. According to IQ Option, competitors require traders to make a large deposit to open an account.

All IQ Option Islamic account holders are assigned a personal account manager, a feature previously reserved only for VIP account holders.

Traders can get an Islamic account on their own without contacting support. Registration must be done with a desktop PC, after which traders can use the account from any Android device.

Details

For those new to IQ Option:

1. Register a standard account on the IQ Option website. You will only need your email.

2. Log in with your email and password and click on your profile icon.

3. Tap the Islamic account activation link.

4. Deposit US$10 or an equivalent in your account currency.

5. The Islamic account will go live soon after, ready for trading on the IQ Option platform.

If you already have an IQ Option account:

1. Log in with your email and password and click on your profile icon.

2. Tap the Islamic account activation link.

3. Make sure you have at least US$1 on your account balance.

As with standard IQ Option accounts, Islamic accounts are also available in regular and VIP tiers. VIP accounts are available to traders who deposit US$3,000+.

The Islamic accounts are available for traders from 20 countries. In the APME region, Bahrain, Bangladesh, India, Indonesia, Iraq, Jordan, KSA, Kuwait, Lebanon, Malaysia, Oman, Pakistan, Qatar, the UAE and Yemen are supported.

Sheraton properties offer ramadhan and Eid promotions in Surabaya

Sheraton Surabaya Hotel & Towers presents 1001 Jamuan Ramadhan, an iftar offering at Kafe Bromo, and 1001 Kebersamaan Ramadhan, iftar moments in meeting rooms.

These offerings feature a selection of Middle Eastern to five-star hotel recipes of authentic Indonesian cuisine.

Sheraton Surabaya Hotel & Towers also has premium Nazywa hampers, which contain home-made cookies, authentic Indonesian layer cake (spiku), and delectable set cuisines. A portion of the money from every Nazywa hamper purchased is donated to Yayasan Panti Asuhan.

Meanwhile, Four Points by Sheraton Surabaya has created the Four You room package along with a Syawalan Raya hamper collection for the upcoming Eid holiday season.

"Our strategic location in the heart of Surabaya makes Four Points by Sheraton Surabaya a perfect choice for families and travelers to celebrate the essence of Ramadhan and Eid. With direct access to a renowned shopping centre in Surabaya, Tunjungan Plaza, and easy access to the city's major attractions and business districts, we are ensuring a marvelous holiday experience for guests in the bustling city of Surabaya," said Birgitta Mone, Director of Marketing Communication – Complex Sheraton Surabaya Hotel & Towers and Four Points by Sheraton Surabaya.

Ribena donates porridge in Malaysia

Working closely with local mosques in the Puchong, Shah Alam and Kuala Lumpur areas, Ribena has provided bubur lambuk – a porridge made with spices and coconut milk, a Ramadhan staple - to 500 mosque-goers for iftar. The bubur lambuk sets were also paired with Ribena drinks.