Shokran COMPANY Shokran TYPE Certificate ISSUANCE DATE 13/09/2024 EXPIRY DATE 12/09/2025 CERTIFICATE NUMBER ADL00200924 COUNTRY CANADA PRODUCT Product of Finvoka Payments SHARIAH STRUCTURE Payment gateway, crypto services DOCUMENTS REVIEWED Shariah review of the Business Strategy, Shariah maintaining commitment, Crypto service agreements, Money transfer and exchange service agreements, Meeting minutes, KYC agreement, and Website. STATUS ACTIVE
Trio COMPANY Trio TYPE Certificate/Pronouncement ISSUANCE DATE 14/06/2024 EXPIRY DATE 13/06/2025 CERTIFICATE NUMBER ADL00190624 COUNTRY USA PRODUCT Trio Home Buyout Program SHARIAH STRUCTURE Murabaha Home Financing DOCUMENTS REVIEWED Master Agency Agreement, Agency Agreement, Purchase and Sale Agreement, Buyout Promise Agreement, Legal Waiver and IndemnificationAgreement, Home Buyout Agreement, Home Payment Protection Contract, Memorandum of Contract for […]
FivePearls COMPANY FivePearls TYPE Certificate ISSUANCE DATE 21/01/2024 EXPIRY DATE 20/01/2025 CERTIFICATE NUMBER ADL00170124 COUNTRY AUSTRALIA PRODUCT A company that manages funds and invests in property development. SHARIAH STRUCTURE Musharaka to collect funds and invest in property development, sharing profits from property sales and value appreciation of land. DOCUMENTS REVIEWED Shariah review of Information Memorandums, […]
RPSi COMPANY RPSi TYPE Pronouncement ISSUANCE DATE 16/06/2023 EXPIRY DATE 15/06/2024 CERTIFICATE NUMBER ADL00160923 COUNTRY MALAYSIA PRODUCT SHARIAH STRUCTURE Tawarruq Structure for Ethis crowdfunding DOCUMENTS REVIEWED Reviewed the proposed RPSi structure as per resolutions of Shariah Advisory Council of the Securities Commission of Malaysia. In addition, the Shariah Adviser has also reviewed the following Key […]
Rakwa Coffee COMPANY Rakwa Coffee TYPE Pronouncement ISSUANCE DATE 16/06/2023 EXPIRY DATE 15/06/2024 CERTIFICATE NUMBER ADL00150623 COUNTRY OMAN PRODUCT A company that with its main activities include coffee roasting, grinding, packing, and manufacturing of coffee substitutes. SHARIAH STRUCTURE The company applied with EthisX to raise P2P financing through a Diminishing Musharaka structure. DOCUMENTS REVIEWED Campaign […]
Agropreneur Farms Sdn Bhd COMPANY Agropreneur Farms Sdn Bhd TYPE Pronouncement ISSUANCE DATE 13/07/2022 EXPIRY DATE 12/07/2023 CERTIFICATE NUMBER ADL00050722 COUNTRY MALAYSIA PRODUCT An agribusiness focusing on livestock farming. SHARIAH STRUCTURE The company applied with the equity crowdfunding platform of Ethis to raise equity funding. DOCUMENTS REVIEWED STATUS EXPIRED
Noor Luminous Sdn Bhd COMPANY Noor Luminous Sdn Bhd TYPE Pronouncement ISSUANCE DATE 29/06/2022 EXPIRY DATE 28/06/2023 CERTIFICATE NUMBER ADL00040622 COUNTRY MALAYSIA PRODUCT A free Islamic lifestyle technology app created to help Muslims in Malaysia and globally to listen to the Quran recitations, find surah verses, find the qibla direction, and check the prayer times. […]
GG Platform COMPANY GG Platform TYPE Pronouncement ISSUANCE DATE 12/04/2023 EXPIRY DATE 11/04/2024 CERTIFICATE NUMBER ADL00130423 COUNTRY MALAYSIA PRODUCT A company that carry on the business of supermarket and software development and services. SHARIAH STRUCTURE The company applied with the equity crowdfunding platform of Ethis to raise equity funding. DOCUMENTS REVIEWED Shariah Checklist Form: Checklist […]
Milky COMPANY Milky TYPE Pronouncement ISSUANCE DATE 12/04/2023 EXPIRY DATE 11/04/2024 CERTIFICATE NUMBER ADL00120423 COUNTRY MALAYSIA PRODUCT A company that carry on the business of restaurants and cafeterias. SHARIAH STRUCTURE The company applied with the equity crowdfunding platform of Ethis to raise equity funding. DOCUMENTS REVIEWED Shariah Checklist Form: Checklist to facilitate comprehensive qualitative & […]
DuitTech COMPANY DuitTech TYPE Pronouncement ISSUANCE DATE 17/03/2023 EXPIRY DATE 16/03/2024 CERTIFICATE NUMBER ADL00110323 COUNTRY MALAYSIA PRODUCT A Financial Technology (Fintech) company that provides high impact financial and management consulting services that solve important issues for middle market companies. SHARIAH STRUCTURE The company applied with the equity crowdfunding platform of Ethis to raise equity funding. […]