Starting a Fintech company is a challenge in itself especially when it comes down to the regulations and compliances one has to abide by. We are delighted to share that one of Crowd Valley's clients, Yielders, has become the first UK Fintech company to get the Sharia Compliance certification. The service is powered by Crowd Valley's (a Grow VC Group company) finance back office.
Yielders is an equity based crowdfunding platform for property investment. After being compliant with the FCA regulation, it can now operate across Asia, Europe and the Middle East.
Yielders enables the public to invest as little as £100 towards a share of a crowdfunded property. An Ethical Islamic investment is very crucial to the Yielders philosophy. In his statement, Irfan Khan, the Founder of Yielders, said “We are delighted to be the first UK FinTech company to be Sharia certified. While it says much about our business ethos and ethics, it also demonstrates our place as a dynamic player in the UK Islamic finance sector. We are dedicated to what we do and to be recognised as doing so in a responsible and ethical way that will allow us to reach potential investors for whom this is important too.”
We would like to congratulate Yielders on achieving their profound milestone and wish them all the success in their endeavour. The demand for Islamic FinTech is growing globally and Crowd Valley offers back office solutions to build implement those services.
Read more about new finance service at Crowd Valley News.
Est. 2009 Grow VC Group is the global leader of fintech innovations, digital and distributed finance services. Our mission is to make the finance services more effective, transparent and democratic. The Group includes leading fintech companies in their own areas.
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