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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.
Shariah-compliant crowdfunding platform Ethis Global bags pre-Series A
Shariah-compliant crowdfunding platform Ethis Global has raised RM 6.8m ($1.6m) in its pre-Series A round.
Wahed Invest nets $8m in funding, valuing it at $100m
Sharia-compliant ethical investing platform Wahed Invest has raised $8m in funding, valuing the company at $100m.
HelloGold said to close Series A round from 500 Startups
Malaysia-based HelloGold has reportedly secured a Series A funding round from 500 Startups to support the integration and testing of blockchain technology on the app.
Halal-focused investment platform Wahed closes $7m seed round
Halal-focused ethical investing platform Wahed Invest has closed a $7m seed round from Cue Ball Capital and BECO Capital.