According to pitchIN chief executive officer Sam Shafie, there is a huge demand for companies to be syariah-compliant as investors are “sensitive” about how they spend their money and are seeking for syariah-compliant companies.
According to pitchIN chief executive officer Sam Shafie, there is a huge demand for companies to be syariah-compliant as investors are “sensitive” about how they spend their money and are seeking for syariah-compliant companies. “We expect RM10mil to be raised through ECF by five to 10 syariah-compliant companies, which is not big compared with how much we raise yearly. But the first three to six months would be to educate companies on how to become syariah-compliant using the toolkit.
Despite the uncertainties brought on by the Covid-19 pandemic last year, SC chairman Datuk Syed Zaid Albar said the total amount raised by investors was more than 5.5 times for ECF and 1.2 times for P2P platforms compared with the previous year.
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