Skip to content

 

Ethical Microfinance Platform

 

Overview

 

Our Ethical Microfinance Platform revolutionizes community finance by connecting investors and entrepreneurs through a trust-based, risk-sharing system aligned with ethical principles.

Core Principales

  • God as the Ultimate Provider

    We recognize that all wealth comes from and returns to God.

  • 100% Risk-Sharing:

    Investors bear full risk, aligning with ethical finance principles.

  • Trust-Based Lending:

    We emphasize character and community over collateral.

  • Unity Through Financial Cooperation:

    We bring diverse communities together through ethical finance.

How It works

  1. Entrepreneurs submit project proposals

  2. Community members vouch for applicants

  3. Investors review and choose projects to support

  4. Funds are disbursed and projects launched

  5. Profits or losses are shared according to pre-agreed terms

  6. Successful repayments build trust scores

  • For Investors:

    • Options to donate, make social impact investments, or seek returns

    • Full transparency on risk and potential for loss

    • Diverse investment options across various projects and communities

     

  • For Borrowers

    • Access to interest-free capital

    • Flexible repayment terms based on project success

    • Opportunity to build a trust-based credit history

     

     

  • Trust Mechanism

    • Community vouching system

    • Trust score based on past interactions and community standing

    • Optional guarantors for borrowers

    • Transparent track record of all past projects and repayments

         FAQ:

1. Q: How is this different from traditional microfinance?

A: Our platform operates on a 100% risk-sharing model, with no interest charged. We prioritize trust and community recommendations over traditional collateral.

2. Q: How do you ensure the platform isn't misused?
A: We employ a rigorous vetting process, including community vouching, project viability assessment, and ongoing mentorship for borrowers.
3. Q: Can non-Muslims participate?

A: Absolutely! Our platform is open to all who align with our ethical finance principles, regardless of religious background.