Halal Angel Network collaborates with UK FinTech, Delio to digitize the Halal Investment market

Halal Angel Network collaborates with UK FinTech, Delio to digitize the Halal Investment market

Halal Angel Network has collaborated with UK based FinTech, Delio to digitize the Halal investment market for angel investors worldwide.

The angel network is adopting new, innovative technology to digitize the way they showcase, distribute, and manage Halal-based deals to the international audience as well as connecting angel investors worldwide.

With this, angel investors will benefit from greater access to deal flow which can be profiled based on their interests, risk appetite, and current portfolio.

Founder of Halal Angels Network, Dr. Tausif Malik said,  “With over 1.5 billion Muslims in the world, the Halal industry offers tremendous opportunities across the Middle East, North Africa, and South Asia. However, it is not just the Eastern market that is turning to deals that align with the doctrines of the Shariah. Financial capitals, like London, are increasingly turning to ethical investing. When looking at the $5 trillion halal markets, we want to make sure our business is global, which means picking a global partner. That’s why we chose Delio.”

“We quickly saw the opportunity to streamline the investment process in this market and in Delio have found the innovative tech partner to help us achieve this goal. Delio’s proven private markets technology will enable us to make these opportunities available on a digital platform, helping angels across the world to connect and support businesses that will not only benefit the economy but that are sustainable and socially responsible.”

Client Director of Delio, Middle East, Rahul Vaish said, “Both angel and Halal investing have become increasingly pertinent within private markets. It’s great to see Halal Angels Network tap into a market that is primed for such high growth, and we look forward to using our technology to strengthen their proposition. Through our digital tools, Halal Angels Network has an opportunity to showcase these trends and drive collaboration on a global scale.”

According to Reuters, Halal Angels Network was launched to promote innovation, entrepreneurship, and startups, and inspire investors across the world to tap into a sector that will be worth $9.71 trillion by 2025.

The Angel Network which is one of the first to penetrate the $5 trillion Halal consumer market is now inviting angel investors across Western countries to join them to discover over 1,000 investment opportunities within the flourishing market such as pharmaceuticals, modest fashion, food, and tourism. 

 

 

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