Maydan Capital Ltd., a UK-based Fintech firm, is announcing the launch of its equity crowdfunding platform that reportedly provides vetted, early-stage, ethical and halal investment opportunities that are focused on tech-related accredited investors internationally.
Maydan’s fundraising platform, which is presently open for applicants, assists with kickstarting early-stage firms during their initial stage of business growth, and also addresses some of the common entry barriers these firms might face.
Via the Maydan platform, issuers can effectively communicate and support the distribution of their investment offerings to the family office, institutional, international and traditional investment communities.
While Maydan is eager to serve firms from all ethical sectors, the company “expects the majority of its early deals to come from the technology sector,” according to a release shared with CI. Maydan Issuers are “pursuing capital raises with targets between $100k and $10 million.”
Maydan’s launch has been announced at a time when investors are increasingly looking to put their funds directly in firms that are ethical and globally competitive. A report released by Moody’s Investors Service notes that Islamic finance has “maintained a long-established growth trend and is expected to continue rising in 2021 and beyond.” Maydan is “looking to capture and subsequently harness this increasing interest in ethical ventures,” the release noted.
Safdar Alam, CEO at Maydan, is a well-known professional in the international Islamic Finance sector, serving important roles in establishing the Islamic banking businesses at global banking institutions like UBS and JP Morgan.
Safdar Alam stated:
“Having seen the growth in this sector over the last three decades in institutional flows in money markets and the debt capital markets, it has become apparent that the benefits that trickle down to investors and entrepreneurs have lagged behind. An ethical investor has very little access to supporting growth businesses that align with their values, especially opportunities that have been highly vetted to a professional degree.”
He added:
“We believe it is important for ethically-aware investors to have access to opportunities to invest and grow their wealth in a meaningful way, and in a way that directs capital to businesses that are aligned to their values. Our platform allows capital groups around the world to exponentially increase their exposure to quality, ethical opportunities in the tech market.
He also noted that they’re “responding to the growing demand from socially conscious investors, and providing them with a world-class platform to connect with ethically-minded companies.”
Maydan is open to taking fundraising applications at this link.
As mentioned in the announcement, Maydan Capital is an equity securities, private placement platform for early-stage and growth firms. Maydan is focused on connecting accredited and sophisticated investors “directly to vetted equity offerings in emerging digital businesses, providing each a direct line to growth.”
As noted in the release, Wahed Invest claims to be the first automated investing service “designed for Shariah and ethical investing.”
The Wahed approach to ethical investing in the digital age “utilizes a human review panel to screen certain stocks, commodities and other investment types that are not socially responsible or Shariah compliant, before automating algorithm-based investments.”
Customers will “receive a recommended optimized and diversified portfolio based on their own risk tolerance.” Using Wahed, retail investors can now “digitally automate long-term investments and halal portfolio management at a low-cost.”
