Monday, February 25, 2013

Sharia crowdfunding ecosystem for the Muslim world

Sherwood Neiss and Jason Best, Principals from Crowdfund Capital Advisors spoke about the new trend in startup and growth financing called Crowdfunding and how they are working to create a global framework.  In particular, they discussed how Crowdfunding compliments the principles of Islamic Finance and how Muslim nations can benefit from building the Sharia compliant crowdfunding ecosystem.  Such an ecosystem would build strong relationships among people, promote the socially responsible distribution of wealth and encourage risk sharing in economic transactions to reduce the risk to any one party.  Read full post here