An Islamic crowdfunding platform in the islamic world is becoming part of islamic finance acting as an alternative financing instrument to facilitate the implementation of projects for muslim borrowers who are facing difficulties to raise money through the classical lending channels.
An Islamic crowdfunding platform differenciates from conventional crowdfunding in the the utilisation of the Murabaha principle which allows to finance trade which are underlined by tangible goods. The combination of Islamic finance with crowdfunding will solve the SMEs problems. Islamic Crowdfunding encourage cooperation amongst islamic communities to collect funds for a business or social project.
Through a halal crowdfunding platform, investors who are participating in a campaign first purchase the goods and sell it later to the borrower against a profit margin.
Thanks to Islamic crowdfunding platform, SMEs have got now the real alternative as the banking support including sharia banking financing support for SMEs is generally missing because Islamic financing has served large corporates mainly.
GLOBAL ONLINE ISLAMIC CROWDFUNDING PLATFORMS
GLOBAL ISLAMIC CROWNDFUNDER
HALAL P2P LOAN LOAN FOR REFUGEE GLOBAL CROWDFUNDER FOR BUSINESS REAL ESTATE AUSTRALIA UNITED KINGDOM CANADA INDONESIA SINGAPORE MALAYSIA JORDAN IRAN EGYPT DUBAI FOR STUDENT SAUDI-ARABIA LIBYA INDIA SAVING ACCOUNT ISLAMIC LAWYER FOR ACCIDENT BANK ACCOUNT BANK OVERDRAFT WITHOUT JOB NO PROOF INCOME US ISLAMIC LENDERS UK HALAL LENDERS CANADA ISLAMIC LENDERS AUSTRALIA HALAL LENDERS FOR OVER-INDEBTED HALAL REVERSE ANNUITY FOR RETIRED PERSON ISLAMIC MICROFINANCE WELFARE LOAN PERSONAL LOAN NEW ZEALAND HALAL INVESTMENT MORTGAGE WITHOUT RIBA HALAL CAR LOAN CREDIT CARD NO RIBA RIBA FREE ACCOUNT LIFE INSURANCE WITHOUT RIBA LOAN COMPARISON USA UK AUSTRALIA LIST OF ISLAMIC BANKS FOR WOMEN ISLAMIC PAYDAY LOAN HALAL MOTORCYCLE LOAN HALAL PAWNBROKING