Tagged: kapital boost

P2P Platform Kapital Boost Partners with Genpro on Indonesian SMEs

Kapital Boost, a Sharia based peer to peer platform, and Global Entrepreneur Professional (or Genpro), have announced a new partnership to support the development of SMEs in Indonesia. The collaboration will see Kapital Boost providing funding to Genpro’s members who qualify and demonstrate strong growth… Read More

SME Crowdfunding Platform Kapital Boost Receives Shariah Pronouncement by FSAC

Singapore-based Kapital Boost, an Islamic SME crowdfunding platform, has received a Shariah pronouncement from the Financial Shariah Advisory & Consultancy (FSAC) on its “Murabaha” crowdfunding structure. Murabaha is an acceptable form of credit sale under Islamic religious law. Financial Shariah Advisory and Consultancy (FSAC) was introduced… Read More

Islamic Crowdfunding as a Solution for SMEs

The spirit of entrepreneurship has always been a part of Islam. Nine out of ten companions of Prophet Muhammad (pbuh) who were guaranteed heaven were businessmen. Today, entrepreneurs continue to be a driving force of the economy. The lack of financial support for small and… Read More

Malaysian Curren$eek Smartphone App Wins Visa/AIBIM Asean Fintech Challenge

Curren$eek, a smartphone app that tells users where to find the best money-changer rates, won the Visa and Association of Islamic Banking Institutions Malaysia (AIBIM)’s Asean Fintech Challenge. The challenge was held in conjunction with the Global Islamic Finance Forum 5.0, to allow start-ups to… Read More

Islamic Crowdfunding Alliance Formed

A group of several prominent entrants in the crowdfunding sector will announce the formation of a new Islamic Crowdfunding Alliance or ICF Alliance on April 1st. Umar Munshi, founder of eThis Crowd (Singapore), M. Raafi Hossain founder of Narwi (Qatar), Erly Witoyo, founder of Kapital… Read More

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