The proliferation of specialized crowdfunding platforms continues... Club Ethis claims to be the first Shari'ah compliant crowdfunding investment platform. The company crowdfunds Real Estate Developments, Businesses and Startups in Southeast Asia in a socially-responsible manner. The platform does not promote businesses who deal in alcohol, pork, gambling, speculation or loan and interest-based finance.
Now, Club Ethis is the world’s first shari’ah compliant investment platform — opening up the small investments trade to a huge potential Muslim market, by ensuring all opportunities are within Muslim law. The platform functions like any venture capital platform but focuses on ethical and community based investments with a low entry point — enabling those with as little as USD 800 to get involved and join investor groups. Club Ethis source and screen potential opportunities in real estate, small business and start-ups in south east Asia and create comprehensive reports and scorecards for members. Because it doesn’t work with businesses who deal in alcohol, pork, gambling, speculation or loan and interest-based finance, the company hope to appeal to a large population who have been previously excluded from such opportunities.
http://www.springwise.com/singapore-investment-firm-complies-shariah-law/