Wednesday, 23 November 2016

First Islamic Equity Crowdfunding Platform in Malaysia

SCxSC is an annual conference organized by Securities Commission Malaysia. SCxSC 2016 conference on the 3 & 4 November will revolve around specific areas of Digital Finance as follow:

1. Equity Crowdfunding
2. Peer-to-peer (P2P) financing
3. Digital Investment Services
4. Distributed Ledger Technology

In conjunction with SCxSC 2016, Securities Commision Malaysia announced the first 6 approved P2P financing operators. The six registered operators are B2B FinPAL, Ethis Kapital, FundedByMe Malaysia, ManagePay Services, Modalku Ventures and Peoplender.

One of them is the world’s first license for Shari’ah-compliant P2P. This license was awarded to, which will focus on funding small businesses, and real estate development projects. The team is spearheaded by Umar Munshi, a technology entrepreneur, supported by former senior World Bank and Barclays Bank executives.
I was there to witness this historic event!
With Dato' Dr Adnan Alias, IBFIM CEO and En. Azman Che Doi previous SIDC CEO

1 comment:

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