Tagged: shekra

November 19, 2013 @ 10:19 am By Charles Luzar  |  

Fajr Capital Advisors and Crowdfund Capital Advisors have released a report (embedded, bottom of article) to “highlight crowdfund investing as a powerful new tool to fuel the development of a vibrant entrepreneurial culture in Muslim majority markets.” Crowdfund investing builds communities, encourages risk sharing, democratizes… Read More

February 17, 2013 @ 8:06 am By Wamda  |  

New joint investment concept “Shekra” is drawn from the Arabic phrase “sherik fekra” in Arabic, which means “share an idea.” The platform was launched in Cairo last November by seven founders who come from backgrounds in technology, aviation, investment and banking, who have pooled their resources to… Read More

November 12, 2012 @ 8:29 pm By Reuters  |  

A new web portal launched in Egypt says it is the first crowd funding service in the country that obeys the principles of Islamic finance. Crowd funding allows large numbers of investors to become shareholders in a project by contributing very small amounts of money,… Read More