Tagged: shari’ah

Property Investment Platform Yielders Receives Pre-Series A Funding, Gains Additional Regulatory Approval

Yielders, a property investment platform based in the UK that is also the first FCA regulated Islamic Fintech, has closed on a pre-series A funding round. Exact terms of the deal were not revealed. The capital infusion comes at the same time that Yielders is… Read More

UK based Islamic Crowdfunding Platform Yielders Receives Islamic Economy Award

The UK’s first FCA regulated Islamic Fintech platform, Yielders, has been awarded the Islamic Economy Award in the Money and Finance category. The Islamic Economy Award is overseen by Thomson Reuters and the Dubai Islamic Economy Development Centre. The Award recognises innovative world-class business initiatives… Read More

New Robo-Advisor Provides Access to Shariah Compliant Investments

New platform Wahed is said to be the world’s first automated investment service designed for Shariah-standard, ethical investing, The company reports it has raised $5 million in seed funding from individual and institutional investors including Khalid Al Jassim the Managing Partner of Afkar Holdings and… Read More

Goldmoney’s Network Accounts & Wealth Holdings Receive Compliant Endorsement By Shariah Supervisory Board of Amanie Advisors

Canada fintech firm Goldmoney Inc. (TSX: XAU) announced on Monday its Network accounts and Wealth Holdings have been endorsed as Shariah-compliant by the Shariah Supervisory Board of Amanie Advisors. The company stated that Islamic investors may now instantly purchase, save, and transact in gold globally… 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

Shari’ah Compliant Crowdfunding Platform Grows in Singapore & Indonesia

Singapore based startup Club Ethis may be the world’s first Shari’ah compliant crowdfunding platform and according to information provided by the portal it is growing fast. Club Ethis is guided by 2 in-house Islamic scholars. Ethis believes it has shown that Islamic Finance, crowdfunding and real… Read More

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