Theworldbyowner.com Review

Based on looking at the website, theworldbyowner.com appears to be a platform for selling and buying businesses, acting as a marketplace where business owners can list their ventures for sale and prospective buyers can browse opportunities.

The site emphasizes direct owner-to-buyer transactions, potentially reducing brokerage fees.

However, a closer examination reveals several critical aspects that warrant a cautious approach, especially from an ethical standpoint within an Islamic framework.

The absence of crucial information commonly found on legitimate and trustworthy platforms raises significant concerns regarding its transparency and reliability.

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Website Transparency: Lacking. Key information like “About Us,” clear “Terms of Service,” and comprehensive “Privacy Policy” is not readily accessible or prominently displayed.
Customer Support Information: Insufficient. Direct contact methods beyond a basic form are not evident.
Pricing Structure: Unclear. Details on listing fees for sellers or any potential transaction fees for buyers are not immediately apparent on the homepage.
Security Measures: Not explicitly stated. There’s no clear indication of how user data and financial information are protected.
Ethical Considerations Islamic Perspective: Risky. The inherent nature of buying and selling businesses without transparent, clearly defined contractual terms, and the potential for gharar excessive uncertainty in transactions, coupled with the lack of detailed Sharia-compliant financial guidance, makes it highly problematic. Business sales can involve complex assets, liabilities, and future projections, which necessitate clear disclosure to avoid deception. The platform’s emphasis on direct transactions, while potentially cutting costs, also removes layers of professional oversight that often ensure proper due diligence and ethical dealings.

The world of business transactions, particularly those involving assets and liabilities, requires utmost clarity and transparency in Islam to avoid riba interest, gharar excessive uncertainty, and maysir gambling-like speculation. While the concept of buying and selling businesses is permissible, the methodology and underlying contracts must adhere strictly to Islamic principles. A platform that lacks comprehensive legal disclaimers, clear terms for dispute resolution, and explicit mechanisms for ensuring fair value and full disclosure of assets and liabilities introduces significant ethical risks. The absence of these fundamental elements means transactions conducted through such a platform could inadvertently involve aspects that are not permissible, leading to unjust outcomes for either party. It’s not just about the what but the how.

Given these concerns, engaging with theworldbyowner.com carries inherent risks from both a general consumer and an Islamic ethical perspective.

It’s imperative to prioritize platforms that offer robust legal frameworks, transparent processes, and clear communication channels.

Here are some ethical and permissible alternatives for business and asset transactions, focusing on clarity, transparency, and often a tangible product or service:

Flippa: A marketplace for buying and selling online businesses, websites, and digital assets. It provides a structured process for listings, due diligence, and secure transactions, often involving escrow services. While not explicitly Sharia-compliant, its structured approach reduces uncertainty compared to less regulated platforms. It focuses on digital assets, which are generally easier to define and transfer.
BizBuySell: A large marketplace for buying and selling small businesses. They often work with brokers, which can provide an additional layer of professional due diligence and structuring of deals, helping to mitigate some risks of direct owner-to-buyer interactions, though brokerage fees apply.
LoopNet: A premier marketplace for commercial real estate listings. While not directly for selling entire businesses, many businesses are sold with their associated real estate. This platform offers detailed property information, which is crucial for transparency in real estate transactions.
Amazon Business: Not for selling entire businesses, but an excellent platform for B2B procurement of goods. If the focus is on tangible asset sales rather than entire business entities, Amazon Business provides a highly structured and transparent purchasing environment.
eBay Business & Industrial: Similar to Amazon, this section of eBay allows for the buying and selling of equipment, machinery, and various industrial assets. It’s for specific assets rather than complete businesses, offering a clear transaction process for tangible items.
Alibaba.com: A global B2B marketplace for sourcing products and engaging in bulk trade. It offers mechanisms for secure payment and dispute resolution, making it suitable for clear, contract-based commodity transactions.
LinkedIn for M&A Professionals: While not a direct marketplace, LinkedIn is invaluable for connecting with merger and acquisition M&A professionals, business brokers, and investment bankers who facilitate business sales through formal, legally binding, and typically transparent processes. These professionals often ensure adherence to due diligence and ethical practices, reducing gharar.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

Theworldbyowner.com Review & First Look

A superficial glance at theworldbyowner.com presents a straightforward proposition: a platform designed to connect business sellers directly with potential buyers, bypassing traditional brokers and their associated fees.

The site’s primary appeal lies in this perceived efficiency and cost savings.

However, a deeper dive into its structure and disclosed information reveals a stark lack of the transparency and robust legal frameworks that are fundamental for secure and ethically sound business transactions.

From an initial review, the website seems to prioritize a minimalist approach, which, while sometimes appealing, can be a red flag when dealing with significant financial undertakings like buying or selling a business.

Initial Impressions and User Experience

Upon visiting the homepage, users are immediately presented with a search bar for business listings and calls to action for selling or buying. Proofreadmyfile.com Review

The design is clean and uncluttered, making navigation seemingly intuitive at first.

However, this simplicity can mask a critical absence of vital information.

For instance, finding detailed “About Us” sections, comprehensive legal disclaimers, or even clear customer support contact details proved challenging.

This lack of readily available foundational information is a significant concern for any user looking to engage in high-value transactions.

Design: Clean, minimalist.
Navigation: Appears straightforward for basic searches.
Information Accessibility: Poor for crucial legal and operational details.

Missing Key Information and Transparency Gaps

One of the most glaring issues with theworldbyowner.com is the sparsity of information crucial for establishing trust and ensuring legal compliance. Mmobag.com Review

Legitimate business platforms typically feature readily accessible sections detailing their operational model, legal terms, privacy policies, and comprehensive support. Theworldbyowner.com falls short in these areas.

“About Us” Section: A critical omission. Without a clear “About Us” page, users cannot understand the company’s background, its mission, or who is behind the platform. This absence makes it difficult to assess the credibility and experience of the platform operators.
Terms of Service ToS and Privacy Policy: While these might exist somewhere, they are not prominently linked or easily discoverable. In any online transaction platform, especially one dealing with substantial financial assets, comprehensive and easily accessible ToS and Privacy Policies are non-negotiable. Their absence or obscurity creates significant legal and ethical risks for users.
Contact Information: Typically, a professional business platform provides multiple contact options, including phone numbers, email addresses, and physical addresses. Theworldbyowner.com seems to rely primarily on a contact form, which can be perceived as less responsive and less transparent.

Theworldbyowner.com Pros & Cons Focus on Cons

When evaluating a platform like theworldbyowner.com, it’s essential to weigh its potential benefits against its drawbacks.

While the concept of direct owner-to-buyer transactions might appeal to those seeking to reduce costs, the inherent risks associated with a lack of transparency and structured oversight far outweigh these potential advantages.

From an ethical standpoint, particularly within an Islamic framework, the platform’s shortcomings introduce significant concerns that could lead to unethical or problematic transactions.

Lack of Oversight and Due Diligence

The primary “pro” often cited for direct sales platforms is the avoidance of broker fees. Readyinternational.com Review

However, this comes at a steep cost: the absence of professional oversight and rigorous due diligence processes that brokers typically provide.

Without such an intermediary, the onus falls entirely on the buyer and seller, who may lack the expertise to identify red flags or ensure a fair transaction.

No Professional Intermediary: The platform does not appear to facilitate or require professional assistance, leaving users vulnerable to misinformation or incomplete disclosures.
Increased Risk of Misrepresentation: Without independent verification, sellers might be tempted to misrepresent their business’s financial health, assets, or liabilities, leading to gharar excessive uncertainty for the buyer.
Complexities of Business Sale: Selling a business involves intricate legal, financial, and operational details that untrained individuals may overlook, potentially leading to future disputes.

Insufficient Legal Framework and User Protection

A robust online platform for high-value transactions must provide a clear and comprehensive legal framework to protect its users.

This includes detailed terms of service, clear dispute resolution mechanisms, and transparent policies regarding data privacy and security.

Theworldbyowner.com appears to be significantly lacking in these critical areas, which poses substantial risks for both buyers and sellers. Multigiftcards.com Review

Ambiguous Terms of Service: If clear, detailed terms are not readily available, users operate in a legal gray area. This makes it difficult to understand their rights, responsibilities, and recourse in case of disagreements.
Lack of Dispute Resolution: Without a defined process for handling disputes between parties, conflicts can escalate, potentially requiring costly legal battles outside the platform’s purview. This ambiguity contributes to gharar.
Data Security Concerns: The absence of explicit information about data protection measures raises questions about how sensitive user information, including financial details, is handled and secured.

Ethical Concerns: Gharar and Transparency

From an Islamic ethical perspective, the lack of transparency and structured due diligence on theworldbyowner.com is highly problematic. Islamic finance and business ethics emphasize clarity, honesty, and the avoidance of gharar excessive uncertainty or ambiguity in a contract and maysir gambling or speculative elements. Business sales inherently involve projections and future performance, but a platform should strive to minimize uncertainty by facilitating full disclosure and verified information.

Risk of Gharar: When financial and operational details of a business are not independently verified or are ambiguously presented, it introduces significant gharar, rendering the transaction ethically questionable in Islam.
Absence of Sharia-Compliant Guidance: The platform provides no guidance or mechanisms to ensure transactions comply with Islamic principles, such as avoiding interest-based financing or ensuring that the business itself deals in permissible activities.
Potential for Deception: The direct nature, coupled with a lack of oversight, creates an environment where deception is easier to perpetrate, undermining the Islamic principles of honesty and fairness in dealings.

Theworldbyowner.com Alternatives

Given the significant concerns regarding transparency, legal safeguards, and ethical compliance of theworldbyowner.com, it’s prudent to explore alternative platforms that offer more structured, secure, and potentially ethically sound environments for business and asset transactions. While no platform may be perfectly aligned with every nuance of Islamic finance without direct verification, those that prioritize transparency, clear contractual terms, and robust due diligence processes significantly reduce the risks of gharar and other problematic elements.

For Buying and Selling Digital Businesses & Websites

Flippa: Flippa is arguably the most well-known marketplace for buying and selling online businesses, websites, apps, and digital assets. It offers a structured auction and listing process, often includes escrow services, and provides tools for due diligence.
- Key Features: Escrow integration, Google Analytics integration for traffic verification, financial reporting tools, buyer/seller ratings.
- Average Price: Varies widely, from a few hundred dollars for small content sites to millions for established SaaS businesses.
- Pros: High volume of listings, established reputation, tools for due diligence, secure payment options.
- Cons: Competition can be high, some sellers may still present incomplete data requiring buyer diligence, fees for listings and success.
Empire Flippers: Specializes in selling established online businesses e-commerce, content sites, SaaS. They have a more rigorous vetting process for listings compared to more open marketplaces, which reduces gharar for buyers.
- Key Features: Strict vetting process for listings, in-house team assists with valuation and migration, detailed prospectuses for each business.
- Average Price: Businesses typically range from tens of thousands to multi-millions.
- Pros: High-quality, vetted listings, professional support, reduced risk of fraudulent listings.
- Cons: Higher price points, fewer listings than open marketplaces, stricter requirements for sellers.

For Traditional Small Businesses & Franchises

BizBuySell: One of the largest and most comprehensive marketplaces for buying and selling small businesses in the U.S. It lists businesses for sale across various industries and often connects buyers with brokers. Boombandit.com Review
- Key Features: Extensive database of listings, search filters by industry, location, and price, resources for buyers and sellers, broker directory.
- Average Price: Highly variable, from under $50,000 to several million.
- Pros: Huge inventory, useful search tools, access to professional brokers who can facilitate ethical transactions.
- Cons: Brokerage fees apply if using their services, information quality can vary by listing, due diligence is still paramount.
LoopNet: While primarily a commercial real estate marketplace, many businesses are sold with their physical locations. LoopNet is invaluable for finding commercial properties associated with business acquisitions.
- Key Features: Comprehensive commercial property listings, detailed property data photos, floor plans, demographics, broker contact information.
- Average Price: Commercial property sales are typically in the hundreds of thousands to millions.
- Pros: High-quality, detailed property listings, essential for businesses with physical assets, reputable platform.
- Cons: Not directly for selling entire businesses, only real estate.

For Specific Assets & Equipment Tangible and Clear Transactions

eBay Business & Industrial: This section of eBay is dedicated to selling equipment, machinery, wholesale lots, and various industrial assets. It’s suitable for transactions involving clear, tangible goods, reducing gharar.
- Key Features: Auction and “Buy It Now” formats, buyer protection policies, global reach.
- Average Price: Highly varied depending on the asset.
- Pros: Wide variety of industrial and business assets, established platform with buyer/seller protections.
- Cons: Not for selling entire businesses, only assets.
Alibaba.com: A global B2B marketplace for sourcing products, raw materials, and machinery directly from manufacturers and suppliers. Excellent for clear, bulk transactions of defined goods.
- Key Features: Large supplier network, trade assurance program for payment protection, detailed product specifications.
- Average Price: Varies based on product and quantity.
- Pros: Competitive pricing for bulk orders, wide range of products, trade assurance for secure transactions.
- Cons: Primarily for product sourcing, not for selling entire businesses.

For Professional Facilitation Minimizing Uncertainty

LinkedIn for M&A Professionals: While not a direct marketplace, LinkedIn is an essential tool for connecting with qualified M&A advisors, business brokers, and investment bankers. These professionals specialize in facilitating complex business sales, ensuring due diligence, legal compliance, and often Sharia-compliant advisory where applicable.
- Key Features: Professional networking, direct messaging, company pages, industry groups.
- Average Price: Fees are typically a percentage of the transaction value.
- Pros: Access to highly skilled professionals who ensure transparency and ethical practices, reduced gharar through expert guidance, potential for Sharia-compliant advisory.
- Cons: Can be expensive, requires active networking to find the right fit.

How to Cancel theworldbyowner.com Subscription Hypothetical

Given the lack of explicit information regarding subscriptions or service models on theworldbyowner.com’s readily available pages, providing concrete steps for cancellation is challenging.

This ambiguity itself is a significant red flag, as transparent pricing and cancellation policies are hallmarks of legitimate online platforms. Infoaxe.com Review

Most reputable services clearly outline how users can manage or terminate their accounts.

If a subscription model were in place e.g., for premium listings or buyer access, the typical process would involve accessing account settings.

General Steps for Online Service Cancellation Applicable if Subscriptions Exist

In the absence of specific instructions from theworldbyowner.com, one would typically follow these general steps for canceling an online service or subscription:

Log In to Your Account: The first step is always to log into your user account on the website.
Navigate to Account Settings/Profile: Look for sections usually labeled “Account Settings,” “My Profile,” “Subscription,” “Billing,” or similar. These are typically found in the top right corner of the page, under a user icon or dropdown menu.
Find Subscription Management: Within account settings, locate a specific section dedicated to managing your subscriptions, plans, or payment methods.
Initiate Cancellation: There should be an option to “Cancel Subscription,” “Downgrade Plan,” or “Close Account.” Follow the prompts, which might include a confirmation step or a brief survey about why you’re canceling.
Check for Confirmation: Always ensure you receive a confirmation email or see an on-screen confirmation that your cancellation was successful. Retain this confirmation for your records.

Potential Challenges and What to Do

If theworldbyowner.com does indeed have a subscription model that is difficult to cancel, users might face several challenges:

Lack of Clear Instructions: If the website’s interface doesn’t make cancellation obvious, it’s a deliberate design choice that disadvantages users.
Hidden Links or Pathways: Sometimes, cancellation options are buried deep within menus or require multiple clicks to find.
Reliance on Customer Support: If self-service cancellation isn’t available, you’d likely be forced to contact their support team. Given the limited contact information on the site, this could be a difficult process.

In such a scenario, if you believe you have an active subscription or payment associated with theworldbyowner.com and cannot find a way to cancel, you would need to: 1stchoicememory.com Review

Check Bank/Credit Card Statements: Identify any recurring charges from “theworldbyowner.com” or related entities.
Contact Your Bank: If direct cancellation is impossible, you may need to contact your bank or credit card company to dispute the charges or block future payments, explaining the lack of a clear cancellation process. This should be a last resort.
Send a Formal Written Request: If an email address or physical mailing address is available, send a formal written request for cancellation, detailing your account information and the date you wish to terminate service. Keep records of all correspondence.

It’s a fundamental principle of ethical online business that payment and cancellation processes are transparent and user-friendly.

The apparent opacity around these aspects for theworldbyowner.com raises significant concerns.

Theworldbyowner.com Pricing

Information regarding theworldbyowner.com’s pricing structure is conspicuously absent from its main homepage and easily discoverable sections.

This lack of transparency regarding fees for listing a business, accessing premium buyer features, or any potential transaction-based charges is a significant drawback.

Reputable business marketplaces clearly outline their fee schedules, whether it’s a one-time listing fee, a subscription model, or a success-based commission. Olninc.com Review

The absence of this critical information creates an environment of uncertainty for prospective users, which is highly problematic, especially when dealing with significant financial assets.

Unclear Fee Structure

The website does not explicitly state how it generates revenue from its users. This could mean:

Hidden Fees: Fees might only be disclosed during the listing process or at a later stage, which can be frustrating and misleading.
Subscription Model: There might be a subscription for sellers to list or for buyers to access certain listings or features, but this is not openly communicated.
Commission-Based: It’s possible they take a commission upon a successful sale, but without clear terms, this is pure speculation.
Free Service with Ads/Data Selling: While less likely for a business transaction platform, some sites offer free services and monetize through advertising or selling user data, which has its own ethical considerations.

Why Transparent Pricing Matters

For any platform facilitating significant financial transactions, transparent pricing is not just good business practice. it’s an ethical imperative.

Informed Decision-Making: Users need to know the full cost of using a service before committing. Hidden fees can lead to unexpected financial burdens and erode trust.
Avoiding Gharar Uncertainty: In Islamic finance, ambiguity about costs and financial obligations contributes to gharar, making the transaction questionable. Clear pricing is essential for a valid contract.
Budgeting: Businesses and individuals need to budget for the costs associated with buying or selling. Without clear pricing, accurate financial planning is impossible.
Trust and Credibility: Websites that hide pricing information often raise suspicions about their legitimacy and overall business practices.

What to Expect on Reputable Platforms

In contrast to theworldbyowner.com, platforms like Flippa or BizBuySell openly publish their pricing models.

Flippa: Typically charges a listing fee e.g., $15-$49 per listing depending on features and a success fee e.g., 5-10% of the sale price. They clearly delineate what each tier of service provides.
BizBuySell: Often charges a monthly subscription fee for sellers to list their businesses e.g., $59.95 – $99.95/month and may have different tiers based on exposure.
Brokers: If a broker is involved as is common for higher-value businesses, their fees are typically a commission on the sale price, negotiated upfront e.g., 5-15%.

The absence of any stated pricing on theworldbyowner.com is a significant red flag and should prompt extreme caution from any potential user. Recruitment-boutique.com Review

It suggests a lack of professionalism and transparency that is crucial for financial transactions.

Theworldbyowner.com vs. Competitors

When assessing theworldbyowner.com against established competitors in the business brokerage and marketplace sphere, its deficiencies become even more pronounced.

Major players like Flippa, BizBuySell, and even professional M&A networks via platforms like LinkedIn, offer structured environments, greater transparency, and robust support systems that are largely absent from theworldbyowner.com.

The key differentiators lie in legal framework, verification processes, pricing transparency, and the overall professional infrastructure.

Legal Framework and User Protection

Theworldbyowner.com: Appears to offer minimal, if any, readily accessible legal terms, privacy policies, or dispute resolution mechanisms. This leaves users highly exposed to legal ambiguities and potential exploitation. The lack of a clear legal framework directly contributes to gharar uncertainty in transactions.
Flippa: Provides detailed terms of service, a clear privacy policy, and integrates with third-party escrow services like Escrow.com to secure transactions. They also have a buyer protection policy and a review system for sellers and buyers.
BizBuySell: Often facilitates connections with professional brokers who ensure compliance with local and federal regulations. While the platform itself is a listing service, it implicitly benefits from the legal expertise of its brokerage network. Their terms of use are comprehensive and publicly available.
M&A Professionals via LinkedIn: Engage highly skilled legal and financial experts who draft complex contracts, perform extensive due diligence, and ensure all transactions are legally sound and ethically compliant. This is the highest level of protection, though also the most costly.

Verification and Due Diligence Processes

Theworldbyowner.com: Appears to place the entire burden of verification and due diligence squarely on the buyer and seller. There are no clear mechanisms for the platform to verify financial statements, asset lists, or business claims, which is a critical flaw. This allows for significant potential for misrepresentation.
Flippa: Offers tools for sellers to connect their Google Analytics, Stripe, and other financial accounts for verification. While not a full audit, it provides a layer of data authenticity. They also have a vetting process for higher-value listings.
Empire Flippers: Known for its extremely rigorous vetting process. They require sellers to submit detailed financial records, proof of ownership, and operational details, and their in-house team verifies this information before a business is listed. This significantly reduces gharar for buyers.
BizBuySell: While less stringent than Empire Flippers, many listings are posted by brokers who have already conducted some level of preliminary due diligence on the businesses they represent.

Pricing Transparency

Theworldbyowner.com: As discussed, pricing information is opaque or non-existent on the public-facing site. This lack of transparency undermines trust and makes it impossible for users to make informed financial decisions.
Flippa, BizBuySell, Empire Flippers: All these platforms clearly state their listing fees, success fees, or subscription models upfront on their respective pricing pages. This allows users to understand the financial commitment before engaging.
M&A Professionals: Their fee structures are typically negotiated directly with clients but are always clearly outlined in a retainer agreement or engagement letter before any work begins.

Overall Professional Infrastructure and Support

Theworldbyowner.com: Appears to have limited customer support options, primarily relying on a contact form. There’s no evident commitment to providing resources, guides, or robust assistance for complex transactions.
Flippa: Offers comprehensive help documentation, buyer and seller guides, and a support team for technical and transactional issues. They also have an active community forum.
BizBuySell: Provides extensive resources, articles, and guides for both buyers and sellers, covering topics from valuation to legal considerations. Their customer service is generally more accessible.
M&A Professionals: Offer personalized, expert-level support throughout the entire sales or acquisition process, including financial modeling, legal advisory, negotiation, and closing.

In summary, while theworldbyowner.com might seem appealing due to its direct approach, its severe lack of transparency, legal safeguards, and verification processes makes it a highly risky proposition. Watchesgmt.com Review

Established competitors, despite their associated costs, offer a far more secure, transparent, and professionally supported environment that minimizes the ethical and financial risks inherent in business transactions.

For anyone prioritizing security, clarity, and ethical dealings, these alternatives are unequivocally superior.

Ethical Considerations: Theworldbyowner.com and Islamic Principles

From an Islamic ethical standpoint, any platform facilitating financial transactions must adhere to principles that ensure fairness, transparency, and the avoidance of prohibited elements. The inherent nature of business transactions, particularly the sale of an entire entity with its assets, liabilities, and future projections, requires extreme caution. Theworldbyowner.com’s significant lack of transparency and robust contractual frameworks introduces several red flags regarding its alignment with Islamic principles, primarily concerning gharar excessive uncertainty and the potential for riba interest or maysir gambling/speculation in unverified deals.

The Problem of Gharar Uncertainty

Gharar is a central concept in Islamic finance that prohibits transactions where there is excessive uncertainty or ambiguity regarding the subject matter, price, or terms of the contract.

In the context of selling a business, this applies to: Srelease.com Review

Unverified Financials: If a buyer cannot independently verify the financial health revenue, expenses, profits, debts of a business listed on the platform, it introduces substantial uncertainty. Theworldbyowner.com does not appear to offer mechanisms to facilitate this verification.
Undisclosed Liabilities: A business may have hidden debts, legal disputes, or contingent liabilities not immediately apparent. Without a professional intermediary or a stringent disclosure process mandated by the platform, the buyer is exposed to extreme gharar.
Ambiguous Asset Transfer: The transfer of ownership of various assets tangible and intangible that comprise a business can be complex. Lack of clarity on what exactly is being sold and how it will be transferred can lead to disputes and constitutes gharar.

The platform’s emphasis on direct dealings, without clear, mandatory disclosure forms or third-party verification, exacerbates the risk of gharar. A legitimate Islamic transaction requires the subject matter to be well-defined, existing, and deliverable, and the price and terms to be clearly agreed upon.

Avoiding Riba Interest and Maysir Speculation

While the platform itself may not directly engage in interest-based transactions, the type of deals it facilitates and the manner in which they are conducted could indirectly lead to problematic scenarios:

Unverified Debt Structures: Many businesses carry debt. If a buyer assumes a business with unverified or undisclosed interest-bearing loans riba, they could be implicitly involved in a non-permissible transaction. A platform should encourage or facilitate full disclosure of all financial obligations.
Speculative Valuations: Without professional valuation methods or independent audits, business valuations on such platforms can be highly speculative. If a deal is based purely on unchecked projections or inflated claims, it can lean towards maysir, where the outcome is largely based on chance or unverified information, rather than a clear assessment of value.
Lack of Ethical Financing Guidance: The platform does not appear to offer any guidance on Sharia-compliant financing options for business acquisition, potentially leading users towards conventional interest-based loans, which are prohibited.

The Importance of Transparency and Fair Dealing

Islam places immense importance on transparency, honesty, and fair dealing in all commercial interactions. The absence of key elements like:

Clear Terms and Conditions: To ensure both parties understand their rights and obligations.
Accessible Contact and Dispute Resolution: To address issues fairly when they arise.
Information Verification Processes: To minimize fraud and misrepresentation.
“About Us” Information: To build trust and establish credibility.

All these omissions on theworldbyowner.com collectively create an environment that does not promote ethical or Sharia-compliant business practices.

A platform that genuinely aims to serve its users should proactively mitigate these risks, not simply act as a passive listing board. Ajusa.com Review

For any Muslim considering using such a platform, the paramount concern must be whether the transaction can be conducted with full transparency, minimal uncertainty, and without involvement in prohibited elements.

Theworldbyowner.com, as it currently appears, falls short of providing this assurance.

Frequently Asked Questions

What is theworldbyowner.com?

Theworldbyowner.com is an online platform that aims to connect individuals looking to buy or sell businesses directly, bypassing traditional business brokers.

Is theworldbyowner.com a legitimate website?

Based on the website’s public-facing information, it lacks several key indicators of legitimacy, such as clear “About Us” information, transparent terms of service, and detailed privacy policies, making its overall legitimacy questionable.

What kind of businesses are listed on theworldbyowner.com?

The website’s design suggests it lists a variety of businesses for sale, though specific categories or types are not prominently detailed on the homepage. Inventmyidea.com Review

Does theworldbyowner.com charge fees for listings?

Theworldbyowner.com does not explicitly disclose its pricing structure or any associated fees for listing businesses or accessing buyer features on its main pages, which is a significant transparency concern.

How does theworldbyowner.com facilitate business sales?

The platform appears to act as a listing service, connecting buyers and sellers.

It emphasizes direct communication between parties, seemingly without extensive intermediary involvement from the platform itself.

Is it safe to use theworldbyowner.com for buying a business?

No, it is not considered safe.

The lack of transparent terms, dispute resolution mechanisms, and verified information about listings introduces significant risks for buyers. Pasadenauc.com Review

Is it safe to use theworldbyowner.com for selling a business?

Sellers also face risks due to the lack of clear contractual frameworks, potential for non-serious buyers, and the absence of clear payment security measures.

Does theworldbyowner.com offer any due diligence support?

There is no indication on the website that it offers or facilitates any form of due diligence support or verification of business financials or claims.

Users are expected to conduct their own due diligence.

How can I contact customer support for theworldbyowner.com?

The primary method for contacting theworldbyowner.com appears to be through a contact form on their website, with no readily available phone numbers or direct email addresses.

What are the main concerns about theworldbyowner.com?

The main concerns include a severe lack of transparency missing “About Us,” terms, privacy policy, and pricing, no clear dispute resolution process, and apparent absence of mechanisms for verifying business information. Hwalarm.com Review

Are there alternatives to theworldbyowner.com for selling a business?

Yes, reputable alternatives include Flippa for online businesses, BizBuySell for small businesses, and engaging with M&A professionals via platforms like LinkedIn.

Are there alternatives to theworldbyowner.com for buying a business?

Yes, alternatives include Empire Flippers for vetted online businesses, BizBuySell for various small businesses, and utilizing commercial real estate platforms like LoopNet if real estate is involved.

Does theworldbyowner.com support escrow services?

There is no explicit mention or integration of escrow services on theworldbyowner.com, which is a critical omission for securing high-value transactions.

What does “direct owner-to-buyer” mean on theworldbyowner.com?

It implies that the platform connects sellers and buyers directly, intending to cut out intermediary brokers.

However, this also means less oversight and professional guidance.

How does theworldbyowner.com ensure data privacy?

The website does not prominently display a privacy policy or details on how it handles and secures user data, raising concerns about data privacy.

Can I cancel a subscription on theworldbyowner.com?

If a subscription model exists, the cancellation process is not clearly outlined on the public website.

Users would likely need to log in and navigate account settings, or contact support if self-service is not available.

Is theworldbyowner.com suitable for large business acquisitions?

No, it is highly unlikely to be suitable for large or complex business acquisitions due to its apparent lack of professional services, legal frameworks, and comprehensive due diligence support.

What are the ethical implications of using theworldbyowner.com?

The lack of transparency, clear contractual terms, and verification processes introduces significant gharar excessive uncertainty, which is ethically problematic in Islamic finance and business dealings.

How can I verify a business listed on theworldbyowner.com?

Users would need to independently conduct comprehensive due diligence, including financial audits, legal checks, and asset verification, as the platform does not appear to offer these services.

Why is transparent pricing important for platforms like theworldbyowner.com?

Transparent pricing is crucial for informed decision-making, avoiding gharar, allowing users to budget effectively, and building trust and credibility in the platform’s operations.