Tag: Sharia

ALAMI nets funding for Shariah-compliant P2P SME lending

Indonesia-based ALAMI Group, which offers Shariah-compliant P2P SME lending services, has reportedly closed its pre-Series B funding round.

Saudi Arabia’s erad raises $2.4m for alternative financing service

erad, which offers Middle East-focused alternative financing platform for businesses, has raised $2.4m in funding.

Paul Pogba joins $50m Series B of Sharia-compliant investing app Wahed

Sharia-compliant ethical investing platform Wahed has received $50m in its Series B funding round as it plans to launch an ethical neobank.

Sharia-compliant FinTech platform Alami said to raise over $20m in funding

Sharia FinTech platform Alami Technologies has allegedly raised more than $20m in a mixture of debt and equity.

27 FinTech funding rounds from the last week that could show...

From InsurTech startups to cybersecurity ventures, the past week has seen several FinTech firms find funding to help them grow despite the global pandemic.

Wahed Invest reportedly secures $25m investment as it eyes global expansion

Wahed Invest, a Sharia-compliant ethical investing platform, has reportedly raised $25m in a funding round led by Saudi Aramco Entrepreneurship Ventures.

Wahed Invest launches its ethical investing services in the UK

Halal-focused ethical investing platform Wahed Invest has launched its services in the UK, the first of its kind in the country.

Sharia-compliant Maliyya closes $1.3m seed round from Ground1

Maliyya, a Sharia compliant P2P financing and investing platform, has closed a $1.3m seed round from Ground1 Ventures.

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