Nicola Castelnuovo - CSW Global Crowdfunding Workshop, Crowdfunding Guide
Ethical & Islamic Crowdfunding - AlHuda CIBEalhudacibe.com/gimf2016/images/presentations/Umar...
Transcript of Ethical & Islamic Crowdfunding - AlHuda CIBEalhudacibe.com/gimf2016/images/presentations/Umar...
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Ethical & Islamic CrowdfundingFor Social Finance
2016
EthisVentures.com #IslamicCrowdfunding
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Islamic Social Finance
Loans MicrofinanceCharity InvestmentCharitable
Endowment
Qard Hassan
Empowerment for development
needs
Sedaqah
To remove suffering and for
urgent needs
MudharabahMurabaha
IjarahCirculate
Growth Capital sustainably
Waqf
Protect assets & cash for social
needs
Providing for Human Financial Needs Sustainably and Equitably
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ExampleAffordable Housing on Waqf Land
with 30 year lease
Low Income
Destitute
Commercial Developers
Govt & CSR
Investment Funds
SedaqahCash Waqf
Fund development & construction30 year lease
Qard Hassan
Profit
Capital
Profit + Capital
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What is Crowdfunding/P2P?
An online funding marketplace
using the internet to gather funds for a defined purpose
When a large number of people from ‘the crowd’ give small
contributions, it becomes possible to raise large amounts of
funding for various purposes
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Crowdfunding for Good
1. Equitable: Not banks - investment financing, not debt. Share risks and returns.
2. Lower Cost: Financial institutions have expensive infrastructure & human resources.
3. Empowerment: Investors choose the projects they like based on their values & interests.
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Crowdfunding for Good (2)
4. Engagement: Better understand investees. Real-time and video updates of projects.
5. Fairness: Transparent information and disclosures presented in clearly
6. Market pressure: The best get funded based on appeal. Creates healthy competition.
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Crowdfunding Variations
Philanthropic Investment
Donations Reward Debt/Profit-Sharing Equity
charity pre-purchase earn from projects ownership
civic/social discounts/gifts provides capital tradeability
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Ethis Ventures #IslamicCrowdfunding
builds, invests in & supports
Niche Islamic Crowdfunding
World’s 1st Islamic Real Estate Crowdfunding Platform focused on Social Impact Developments
Award-winning Islamic SME P2P platform focused on Murabaha asset-financing
World’s first Licensed Islamic P2P Platform in Malaysia. Launching 2017.
World’s 1st Global Waqf Crowdfunding platform, founding patron is Tun Abdullah Badawi
Donation-based Crowdfunding platform to serve the MWT Alliance and its programs
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‘Investment Club develops Affordable Housing in Indonesia using Crowdfunding’Berita Harian, Singapore
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Funding of Construction of Houses for Flood Victim for Govt Contractor in Malaysia
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The future?
‘Islamic Crowdfunding perfectly complements the Islamic Finance industry, due to its focus on community and its ability to engage the masses’
- Umar Munshi
‘Nothing can be closer to Islamic Finance
than Crowdfunding’
- Sheikh Dr Ali Elgary @ WIBC 2015
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Plugged into the Islamic
Economy
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Get Involved
1. Budget start small and diversify
2. Objectivemonetary and social/religious
3. Interest & Comfortwhich campaign to support
Spread & Share!
From S$10
From S$500
From S$1,000
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