Ethis Ventures Sdn Bhd (EVSB) is part of Ethis Global, an award-winning group of Islamic Crowdfunding platforms with offices in Indonesia and Dubai. EVSB has received Malaysia's first Islamic Equity Crowdfunding approval with a target go-live in Q2 2020, pending regulator (Securities Commission Malaysia) clearance.
EVSB also operates GlobalSadaqah.com, and handles the global sales of our Indonesian platform which focuses on impact investment in Indonesian property.
Through the operating entity Ethis Malaysia, EVSB aims for rapid market penetration leveraging on our experience. We will focus on specific verticals, starting with SMEs within the trade, services and agriculture sectors as well as Property and Waqf projects in Malaysia. We will also have a secondary focus on digital economy startups. We are led by a strong management, with end-to-end team capabilities from Technology to Shariah, coupled with relevant relationships in the Islamic finance industry and significant corporates in Malaysia. Till date, we have close to 22,000 members from around the world, and more than 3,000 transactions made in our earlier phases.
Aiming for a significant role in the digitisation of Islamic finance through facilitating direct investments in Malaysian companies, our technology platform aggregates retail, organisational, institutional, philanthropic and government funds.
We target to crowdfund between 10-15 issuers in 2020, then scale up our volume a minimum of 3x annually, driven by strategic dealflow partners and institutional investors. We have the unprecedented opportunity to create a funding ecosystem by harnessing elements of the sharing, circular and digital economy in Malaysia, a leading hub for the Muslim world.
HQ: Petaling Jaya, Selangor, Malaysia
Sector: FinTech, InsurTech and PropTech