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Seed Out

Finally a sustainable model that works | Seedout is a non-profit organization registered under 'Societies Act of 1860'​ that aims to maximize the impact...

Capifly secures pre-seed funding; eyes Southeast Asian market

Following its expansion into Saudi Arabia, Capifly, a Jordan-based provider of non-dilutive Shariah compliant venture capital to technology start-ups, confirms it has raised US$1 million in pre-seed funding. It is also in the advanced stages of setting up a US$10 million non-dilutive capital facility.

IMAN raising US$3 million post-seed round to support South Asian expansion

Having successfully closed a US$1 million seed round in February, Uzbek Islamic fintech start-up IMAN is now seeking up to US$3 million in investment...

Uzbek Islamic fintech start-up prepares to expand into South Asia as it eyes Islamic banking license

Currently in its final sprint of closing its post-seed round, Uzbekistan-based IMAN confirms that it will be applying for new licenses, including an Islamic banking one, beginning January and is on track to expand into new markets including Pakistan.

Hong Leong Islamic Bank partners with fintech start-ups to roll out social finance program

Guided by the twin pillars of digital and value-based intermediation (VBI), Malaysia’s Hong Leong Islamic Bank (HLISB) has partnered with fintech start-ups to roll out a new social finance program.

Ruba secures pre-seed funding to support Shariah compliant ENPL solution

Ruba secures pre-seed funding to support Shariah compliant ENPL solution

Manzil acquires Muslim Will following successful seed round

It has been a busy period for Manzil: the Canadian Islamic fintech start-up has secured CA$2.44 million (US$1.95 million) in seed funding and closed its first acquisition, expanding its services to include Shariah compliant estate planning.

SHUAA rolls out new Islamic venture fund for tech companies

High-growth technology companies across the GCC region can expect a boost in capital funding with the launch of SHUAA Capital’s latest Shariah compliant fund, SHUAA Venture Partners.

Uzbek Islamic fintech gets boost for superapp ambitions with successful seed round

Islamic fintech start-up IMAN, headquartered in Muslim-majority Uzbekistan, has successfully closed a US$1 million seed round led by institutional investors based in Singapore and the US.

Islamic fintech company completes largest seed-funding round in Saudi Arabia

Local Shariah compliant fintech start-up Tamara, which specializes in buy-now-pay-later e-commerce solutions, has closed the largest seed-funding round in Saudi Arabia amid the Kingdom's...

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