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Islamic financing (also known as Shariah-compliant financing) is a set of financial products and services designed to adhere to Islamic law (Shariah) principles. The key feature of Islamic financing is the promotion of ethical and socially responsible investments. In addition, it avoids interest-based transactions, speculations, and excessive risk-taking.
Compared to conventional financing, Islamic financing emphasises:
Profit and Risk Sharing: Borrowers and lenders share both profits and potential losses, fostering more collaborative financial relationships.
Asset-Based Transactions: Financing is often tied to tangible assets, potentially promoting responsible borrowing and reducing reliance on debt.
Some common examples of Islamic financing may include versions of common investment and financial instruments like invoice financing, business term financing, and micro financing, adapted to comply with Shariah principles.
While Islamic financing offers plenty of benefits, it is also important to acknowledge potential limitations. Some Islamic financing options might have stricter terms or require additional paperwork compared to conventional alternatives. Furthermore, the availability of products might be limited in certain regions, potentially requiring consultation with specialised providers.
Indonesia
Pemberi Dana
[email protected]
+62 877 7126 5290
Penerima Dana
[email protected]
+62 877 7873 6144
Unifam Tower, Jl. Panjang Raya
Blok A3 No.1, Kedoya Utara,
Kebon Jeruk, Jakarta Barat,
DKI Jakarta, 11520, Indonesia
Singapore
[email protected]
General Enquiries:
+65 6221 0958
Sales Enquiries:
+65 6011 7534
112 Robinson Road
Level 8
Singapore 068902
Malaysia
[email protected]
Primary contact
+603 9212 0208
Secondary contact
+603 2202 1013
Unit 15.01 & Unit 15.02,
Level 15, Mercu 3,
KL Eco City, Jalan Bangsar,
59200 Kuala Lumpur
Thailand
SME Loan
[email protected]
+66 93 139 9721
Investment
[email protected]
+66 62 197 8661
No. 188, Spring Tower,
10th Floor, Phayathai Road,
Thung Phaya Thai Sub-district,
Ratchathewi District,
Bangkok, 10400
Vietnam
[email protected]
(+84) 28 7109 7896
The Sentry P
16 Nguyen Dang Giai Street,
Thao Dien Ward, Thu Duc City,
Ho Chi Minh City, Vietnam
Dreamplex
174 Thai Ha Street,
Trung Liet Ward, Dong Da District,
Hanoi, Vietnam
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Funding Societies is a SME Digital Financing Platform registered with Securities Commission Malaysia. It does not fall under the jurisdiction of Bank Negara Malaysia. Therefore, financing products of Funding Societies should not be constructed as business loan, SME loan, micro loan, term loan or any other loans offered by banks in Malaysia and it is to be deemed as an investment note as defined in the Guidelines on Recognised Markets.
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