At first glance, Islamic finance and crowdfunding have little in common. One takes its mission from the Qur’an, a holy book revealed in the seventh century, and the other only became possible with widespread use of social media. Dig a little deeper, however, and you will find enough similarities for Islamic finance and crowdfunding to work in tandem. The founders of Shekra, a Shariah-compliant crowdfunding platform that launched late last year, think the two complement each other quite well.
Shekra Blends Crowdfunding with Islamic Finance
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