Sunday, July 21, 2024
ReportYielders initiates management reshuffling

Yielders initiates management reshuffling

The UK’s first regulated Islamic crowdfunding platform has overhauled its management lineup with its founding CEO stepping down after five and a half years of service, IFN Fintech has learned.

Irfan Khan will instead be assuming the role of executive chairman.

“Whilst this move provides capacity to pursue new personal and professional goals, I am very excited about the opportunity to pursue new goals after steering Yielders for over five years,” Irfan tells IFN. In his new role, Irfan will be focusing on partnership to expand top-line revenue growth for the business.

Incumbent Non-Executive Chairman Abdul Hasseb Basit will continue to serve the board as a senior non-executive director while Co-Founder and COO Zeeshan Uppal will assume day-to-day executive oversight.

Officially launched in April 2016 since the platform was ideated in January 2015, the founding team built Yielders from the ground up to become the UK’s first Islamic fintech start-up to be regulated by the Financial Conduct Authority. The equity property crowdfunding platform provides the UK retail market with Shariah compliant real estate investment opportunities and has plans to expand and scale up in other European markets.


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