Many startups – including those in the Halal & Islamic Finance space – use instruments like convertible notes and SAFE agreements for their early-stage fundraising. This article highlights some shariah concerns related to the contracts and opens doors to further discussions. Definitions Convertible Note is defined as an investment vehicle often used by seed investors investing in startups […]

I often come across the comment that shari’ah scholars are very restrictive, they don’t understand the technologies or the underlying logic of a product etc. This leads to delays in launching a product or creates confusion among the mass. While I’m not trying to defend the shari’ah scholars, however, I wanted to highlight two key […]

I met few young shariah graduates during a Fintech forum last week. They expressed their concerns about their career as shariah scholars in Islamic Finance. With the rapid expansion of Fintech and the emergence of robo-advisors in the finance and wealth management space, many shariah robo-advisors are expected to be there in next few years. However, does […]

When we talk about ‘Big Data’ and ‘Data Analytics’, we intend recording extensive digital footprints of the users and use them for analytical purposes. Some of those data are commercially sold or shared with third parties. A simple example, if you search for something on Google, you will notice ads on your facebook wall that are similar to your […]