Oman launches halal e-commerce

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In a landmark partnership, Oman Data Park (ODP) and Rihal have joined forces to launch a pioneering digital platform, “Daily Millionaire”, aiming to redefine Sharia-compliant e-commerce within the global sharing economy. The first phase of the project involves a joint investment of US$13 million, underlining the strategic ambition behind this collaboration.

Daily Millionaire introduces an innovative model that blends e-commerce with ethical investment. The platform enables users to purchase fractional shares in luxury assets, including villas, gold, and premium cars, while participating in transparent digital raffles conducted through blockchain technology.

Developed with strict adherence to Islamic finance principles, the platform also includes a digital wallet and a loyalty rewards system, promoting responsible digital engagement and financial inclusion.

“We are proud to support high-impact digital solutions aligned with Oman’s Vision 2040. Our secure, sovereign cloud infrastructure will ensure the platform’s flexibility and scalability on a global scale,” said Khalid Al Abri, Chief Financial Officer (CFO) of Oman Data Park.

Rihal’s Chief Executive Officer (CEO) and Co-founder, Azzan Al Kindi echoed this sentiment, highlighting the platform’s mission to merge ethical values with technology.

“Daily Millionaire promotes digital justice and sustainable community engagement, reflecting the aspirations of a younger, values-driven generation,” he stated.

Utilising AI and advanced analytics, the platform seeks to create a fairer digital marketplace while also fostering local job creation and attracting international investment. With its Omani-Dutch collaboration and global outlook, Daily Millionaire positions itself as a new benchmark in ethical digital entrepreneurship.

This initiative represents a bold step forward in merging faith-based principles with cutting-edge innovation, setting a precedent for Sharia-compliant digital platforms that serve both economic growth and social good.

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