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Ethis’s Malaysian arm to spearhead Islamic fintech venture building

A Singapore-based Islamic crowdfunding start-up has courted new angel investors for its Malaysian and Indonesian businesses, allowing the firm to scale up and expand...

Ethis expects to go live in Indonesia and Malaysia this year

The Islamic crowdfunding platform developer has gotten the ball rolling and anticipates going online in Jakarta first before Kuala Lumpur. Ethis Ventures, the force behind...

Islamic crowdfunding group sets up VC fund and accelerator program targeting Halal start-ups

Malaysian Islamic crowdfunding group Ethis has unveiled HASAN, a venture capital (VC) and accelerator program designed to support Halal start-ups in Southeast Asia and the GCC.

Saudi Arabia and Singapore to cooperate on fintech and innovation

The central banks of Saudi Arabia and Singapore have entered into a cooperation agreement to jointly work on the development of their respective fintech...

Oman licenses nine new crowdfunding platforms in Q1 2023

The Capital Market Authority (CMA) of Oman has granted licenses to nine companies to carry out crowdfunding activities as at the end of Q1 2023.

Oman’s accelerator program seeks to support fintech start-ups including Islamic fintech

The Central Bank of Oman (CBO), in collaboration with 51%-state-owned telecommunications company Omantel, has selected five fintech start-ups, including a Shariah compliant one, to...

SC counting on Islamic P2P and ECF operators to spur capital market post-pandemic

Securities Commission Malaysia (SC) has opened new applications for Shariah P2P and equity crowdfunding (ECF) market operators with hopes of enhancing the Islamic fintech ecosystem and bolstering MSME funding access.

Islamic fintech: Alternative financing for SMEs

SMEs play a vital role in developed and developing countries and are major contributors to job creation and growth. According to the World Bank,...

Islamic fintech in 2022: Survival of the fittest?

Funding faltered. Licenses pulled. Companies shut down. The global fintech scene, including within the Shariah fintech realm, over the last 12 months seemed grim....

Southeast Asian Islamic fintech start-ups and founder win Emerging Leader Prize and Impact Challenge Prize

Bank Negara Malaysia (BNM) and Securities Commission Malaysia (SC) have awarded the inaugural Impact Challenge Prize to Indonesia’s duithape and Malaysia-based Pod and concurrently presented Islamic fintech entrepreneur Umar Abdullah Mahmud Munshi with the Impact Challenge Prize

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