The Next Frontier of Islamic Finance

Tarek El-Assra explores the scope, benefits and risks of Shari’ah-compliant crowdfunding in the Middle East with an insight into why regulations are critical for its development.  The concept of crowdfunding is a recent phenomenon that first came into public consciousness in 2006. The UK Government’s Parliamentary Commission on Banking Standards defines crowdfunding as an online marketplace which “aggregates many investors...
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