Draft:Ethis

Submission declined on 19 May 2025 by DoubleGrazing (talk).

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Declined by DoubleGrazing 13 days ago. Last edited by Citation bot 4 days ago. Reviewer: Inform author.

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Comment: Mostly unreferenced, and the few sources cited are insufficient for establishing notability per WP:GNG. DoubleGrazing (talk) 10:06, 19 May 2025 (UTC)

Comment: In accordance with Wikipedia's Conflict of interest policy, I disclose that I have a conflict of interest regarding the subject of this article. Ayeshanissa (talk) 10:44, 11 April 2025 (UTC)

'''Ethis Global Berhad''' is a Malaysia-based financial technology (fintech) company focused on providing Shariah-compliant investment and financing platforms across Asia and the Middle East^[1]. The firm operates in sectors including real estate crowdfunding, peer-to-peer (P2P) lending, and equity crowdfunding, and holds regulatory licenses in several jurisdictions.

History

Ethis was founded in Singapore in 2014 by Umar Munshi and Ronald Yusuf Wijaya as a private investment network named Club Ethis, originally targeting impact-driven investments in Indonesia. The organization expanded into Malaysia in 2016, forming Ethis Global Sdn Bhd in 2018, which later became Ethis Global Berhad in 2023.

Operations and Subsidiaries

Ethis operates various subsidiaries and platforms in Islamic fintech and social finance:

Ethis Indonesia

A licensed P2P lending company under Indonesia’s Financial Services Authority (OJK), offering short-term financing for SMEs.

Ethis Fund

Licensed by the Labuan Financial Services Authority, it manages Shariah-compliant venture capital and alternative investment funds.

HASAN.VC

A venture capital fund and startup accelerator launched in 2024, managed by Ethis Fund.

Global Sadaqah^[2]

A crowdfunding platform for Islamic charitable giving, supporting zakat, waqf, and qard hassan.

Ethis Malaysia

The first Islamic equity crowdfunding platform licensed by the Securities Commission Malaysia.

EthisX

A private capital market platform licensed in Oman, enabling debt and equity issuances.

Ethis Türkiye

In the process of acquiring a license from Türkiye’s Capital Markets Board, aiming to offer SME financing solutions.

Business Model

Ethis delivers investment products that adhere to Islamic finance principles, targeting both retail and institutional investors. These include:

SME financing based on profit-and-loss sharing
Trade-based supply-chain finance
Syndicated equity investments in startups
Managed funds for alternative investments

The platforms are developed in accordance with Shariah compliance guidelines and reviewed by qualified advisors.

Governance & Leadership

Key individuals in Ethis Global's leadership team include:

Umar Munshi^[3] – Founder and Managing Director
Ronald Yusuf Wijaya – Co-founder and CEO of Ethis Indonesia
Amran Mohd – Board member
Dr. Hurriyah El Islamy – Board member
Khaled Fouad – Managing Partner, Ethis Türkiye
Mohd Akhtaar – Principal, HASAN.VC

Recognition and Developments

2016: Received the Islamic Economy Award in Dubai.
2019: Licensed by Malaysia's Securities Commission for equity crowdfunding.
2021: Raised RM6.8 million in pre-Series A funding.
2022: Expanded to Oman; received industry recognition for Islamic crowdfunding.
2024: Launched HASAN.VC, focused on early-stage halal startups.

References

^ "Ethis Review - Halal Far-Eastern Property Investment | IFG — Islamic Finance Guru". Islamic Finance Guru. 31 May 2022.
^ Young Muslim generations and sadaqah through digital platforms: Do sadaqah literacy and religiosity matter?. Malaysia: journal (published 7). 3. p. 14. {{cite book}}: Check date values in: |date=, |publication-date=, and |year= / |date= mismatch (help)
^ "Ethis' Co-founder Umar Munshi Receives Emerging Leader Prize". Fintech News MY. October 6, 2022.

[1] "Ethis Review - Halal Far-Eastern Property Investment | IFG — Islamic Finance Guru". Islamic Finance Guru. 31 May 2022.

[2] Young Muslim generations and sadaqah through digital platforms: Do sadaqah literacy and religiosity matter?. Malaysia: journal (published 7). 3. p. 14. {{cite book}}: Check date values in: |date=, |publication-date=, and |year= / |date= mismatch (help)

[3] "Ethis' Co-founder Umar Munshi Receives Emerging Leader Prize". Fintech News MY. October 6, 2022.

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