Muslims - All News And Posts By Crowdfund Insider

Qardus, an Ethical and Sharia-Compliant Financing Platform for Social Impact SMEs, Secures £318,837 via Seedrs

July 3, 2023 @ 7:55 am By Omar Faridi |

Qardus, which claims to be an ethical & Sharia-compliant financing platform for social impact SMEs and investors, has secured 106% (£318,837) of its £300,002 target from 153 investors (at the time of writing) with 17 days left in the firm’s crowdfunding campaign carried out via… Read More

Fintech Wahed Acquires UK’s iWill Solicitors to Help Muslims Prepare for the Future

February 15, 2023 @ 11:33 am By Omar Faridi |

Wahed has acquired iWill Solicitors, the UK pioneers “in Islamic wills, in a seven-figure transaction.” iWill Solicitors will “become a pillar of Wahed’s financial platform—helping ethical investors to secure the next generation.” Wahed also “acquires True Wills, a pioneering online Islamic will-writing service.” Wahed, a… Read More

Read more in: Fintech, Global | Tagged acquisition, europe, junaid wahedna, muslims, uk, united kingdom, wahed

MRHB DeFi Secures $5.5M to Bring “Ethical” Decentralized Finance to Underserved Communities

February 3, 2022 @ 9:39 pm By Omar Faridi |

MRHB DeFi, which claims to be the first decentralized finance ecosystem platform focused on ethical, sustainable and halal cryptocurrency-related opportunities, has secured $5.5 million via a series of private and public rounds which culminated in an initial DEX offering (IDO) that was “oversubscribed” on the… Read More

UK based IslamicFinanceGuru Secures £3.0M in Capital from Outward VC

July 20, 2021 @ 10:01 am By Omar Faridi |

IslamicFinanceGuru has secured £3.0 million in capital through a round led by Outward VC. Outward says it is pleased to confirm their investment in IFG, the UK-headquartered Islamic finance platform. Other investors include B&Y Venture Partners and angels. The platform has been designed to offer… Read More

Indonesia’s Vice President Says Digital Technology and Online Payments have become “Absolutely Necessary” due to COVID-19

August 12, 2020 @ 12:19 am By Omar Faridi |

Bank Indonesia (BI), the nation’s central bank, introduced the seventh Indonesia Sharia Economic Festival (ISEF) this past Friday. The event took place virtually or online, which was notably the first of its kind in the country. Established in 2014, ISEF is an international event that… Read More

Shariah-Compliant Canadian Fintech Manzil to Give Public a Chance to Invest in its Operations via Crowdfunding Platform FrontFundr

June 6, 2020 @ 2:14 pm By Omar Faridi |

Toronto-based Manzil, a Fintech firm that provides halal (permissible for Muslims) financial services and solutions including mortgages, wants to give the public an opportunity to invest in the firm via a private placement conducted on FrontFundr, a Canada based crowdfunding platform. Manzil’s management noted that… Read More