Muxlim
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Muxlim was primarily known as a
social networking A social network is a social structure consisting of a set of social actors (such as individuals or organizations), networks of Dyad (sociology), dyadic ties, and other Social relation, social interactions between actors. The social network per ...
website for
Muslim Muslims () are people who adhere to Islam, a Monotheism, monotheistic religion belonging to the Abrahamic religions, Abrahamic tradition. They consider the Quran, the foundational religious text of Islam, to be the verbatim word of the God ...
s that was focused on lifestyle aspects of the community. Founded in 2006 by Mohamed El-Fatatry and Pietari Päivänen of
Finland Finland, officially the Republic of Finland, is a Nordic country in Northern Europe. It borders Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland to the south, ...
, the company was created as a Muslim lifestyle social media network with primary focus on Muslims in Muslim-minority countries. When the social network did not develop as planned, the company shifted its focus to provide marketing gateway services to the global Muslim consumer market, utilizing Muxlim.com as a launch pad for marketing messages by global companies. In February 2010, the company received the Tasavallan Presidentin kansainvälistymispalkinto (in English: The Internationalization Award of the President of Finland). In February 2012, Muxlim effectively shut down its social network services, as well as its Muxlim advisory services. This came after years of monetary losses. It is reported from the company's most recent financial reports that Muxlim's income was approximately 46,000 Euros while employer costs alone amounted to 300,000 Euros, with a total net loss for the year amounting to 865,000 Euros. In 2009 there was a recorded loss of 700,000 Euros. This came after an influx of investments jump-starting the company, in 2007 receiving US$2 million from Rite Internet Ventures, and was soon looking for more investments The Muxlim domain, as well as other services provided by the company such as IslamicTorrents.net, redirect to a promotional landing page for the founder's authorised biography. There has yet to be an official announcement regarding the fate of Muxlim.


References

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External links


DinarStandard.com: Muxlim.com: A Web 2.0 Destination for Muslims

BBC: Virtual world for Muslims debuts
Finnish social networking websites Internet properties established in 2006 Companies based in Helsinki Islam-related websites Islam in Finland