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Country reportsNovember 1 2012

Sharia start-ups look to stand out in crowd-funding

Despite holding core values of social and economic development, questions remain about how beneficial Islamic finance has been for the majority of the Arab world. Could the emergence of crowd-funding platforms help to generate a more equitable distribution of wealth?
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Sharia start-ups look to stand out in crowd-funding

While Islamic finance has experienced unprecedented success in terms of growth and expansion of late, its limitations have often been criticised, with some claiming that the industry is little more than an investment vehicle for high-net-worth individuals rather than a tool to significantly contribute to social and economic development for the vast majority of Muslims.

Today, a high number of Muslims are seeking access to capital to enable them to capitalise on the investment opportunities that are available to big industry players. 

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