£3 million raised in UK by Islamic Finance Guru to expand business

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    £3 million raised in UK by Islamic Finance Guru to expand business

    Islamic finance expertIFG(Raised £3 million ($4.12 million) through a fundraising process)round seeds), which he will use to expand his team and invest in products and technologies.

    The tour was led by VC . abroad Share B&Y Venture Partner. Outward VC is a financial technology specialist and early supporter of

    Curve, PrimaryBid and Monese, while B&Y Venture Partners were the first to back Onfido.

    The founders of Islamic Finance Guru, Ibrahim Khan and Mohsin Patel, founded the company in 2015 as a blog providing content on Islamic finance, which

    It has grown to include a team of ten. The platform also includes a comparison engine and Shariah-compliant products, and attracts more than 120,000 monthly users.

    The company will use the new money to expand its team (the company has already acquired top talent coming from Metro Bank, OakNorth and Taxfix) through products, technology, business development, and content. The system that complies with religious teachings.

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