Opening a business in Somalia/Somaliland

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theyuusuf143
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Re: Opening a business in Somalia/Somaliland

Post by theyuusuf143 »

this year alone some somalilanders invested 5 million dollar to pontus marine a maid and berbera based compsny that will export fish to the worl, unfortunately shares are closed now.

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BoholKing
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Re: Opening a business in Somalia/Somaliland

Post by BoholKing »

Perfect_Order wrote:
BoholKing wrote:$10,000 is too small for a business those days. I have a better idea invest in a company as a shareholder
with a minimum 30% / 50% return yearly which equals
$3000/$5000 and you could withdraw your share anytime + profits.
I have heard 20 % but please due tell these businesses with 50% returns

I have heard of a Somali company in Dubai with 50% returns when I was in UAE last summer, my cousin told me its name but it escaped me. I will
have to ask again. I am also invested in a company with 30% return, not as impressive as 50% I know.
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Re: Opening a business in Somalia/Somaliland

Post by StormShadow »

Bohol

What kind of businessess are you involved in? If too personal NVM.
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Re: Opening a business in Somalia/Somaliland

Post by BoholKing »

Nah it is ok. Telecommunication and money remittance and a export company mainly food and hygiene goods. I am just a shareholder though.
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Re: Opening a business in Somalia/Somaliland

Post by Hyperactive »

Somalis are funny! how is fixed percentage? is riba? cause normal halal investment has ups and downs. some years you may not get any!!

that sounds fishy.
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BoholKing
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Re: Opening a business in Somalia/Somaliland

Post by BoholKing »

hyperactive It does have risks, the higher the percentage the more risk. The company I am telling Perfect Order about the 50% one has the most
risk because of its quick profit.
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Re: Opening a business in Somalia/Somaliland

Post by Hyperactive »

bro, I wouldn't mind risk but what I afraid, in haram iku so doomato.
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Re: Opening a business in Somalia/Somaliland

Post by BoholKing »

Fair enough. I wouldn't want haram gains either. So far the CEO's of the companies I am involved in seem to be religious, I always see them in the
UAE mosques.
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Re: Opening a business in Somalia/Somaliland

Post by Hyperactive »

Allah ko barakeyo halal kaaga. I don't have business ambitious. one time I sit with what calls, Islamic bank..... after 45 minutes, I just didn't find any differences of riba bank and I just moved on with my life.
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BoholKing
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Re: Opening a business in Somalia/Somaliland

Post by BoholKing »

Amiin. You don't have to be business ambitious to create wealth. What do the Somalis in Qatar do, do they work in the public services? Back in UAE majority of
Somalis in my area are self employed (business people).
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Re: Opening a business in Somalia/Somaliland

Post by Hyperactive »

there is business owners too, some work private sector or government.

I just don't find in me "a wanting or need" to be richer . Allah knows but inan kibro omban ka baqa :lol:

only thing I want to be independent from power/wealth folks. im by nature "mo'aarith" if they paying my bill, how you I can be against them.lool im training my self slowly, to live on minimum .lol
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Re: Opening a business in Somalia/Somaliland

Post by StormShadow »

Hyper

I heard you get deported if you do not have any job there what do you say about that? Does the qadar government pay you lacag for free?
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Re: Opening a business in Somalia/Somaliland

Post by Hyperactive »

lool@ hilaac. if one is illegal resident, of course they deport them if they catch the,.

no one gives me free money except my parents. I wouldn't want free money . im not disable bro.
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Lillaahiya
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Re: Opening a business in Somalia/Somaliland

Post by Lillaahiya »

viewtopic.php?f=245&t=244028

:lol: :lol: Advo waali bu dhameeye
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Re: Opening a business in Somalia/Somaliland

Post by Advo »

Lillaahiya wrote:viewtopic.php?f=245&t=244028

:lol: :lol: Advo waali bu dhameeye

:damn: I had so much time in my hands.
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