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Exclusive: Two City lawyers on a mission to make their fintech the 'Amazon of Islamic finance'


Exclusive: Two City lawyers on a mission to make their fintech the Amazon of Islamic finance
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Founders Ibrahim Khan and Mohsin Patel started the Islamic finance platform as blog in 2015 but last year both quit their corporate law jobs to focus on the business full-time.
Islamic Finance Guru (IFG), a UK-based Islamic finance platform, has closed an investment round led by Outward venture capital, as the market for Islamic fintech grows.
The UK-based startup has raised £3m from Outward VC and B&Y Venture Partners.
The news come just a week after the Boubyan Bank Group announced that the world’s first Islamic international digital bank will be launched in the UK and the news in June that UK-based Ethos Invest was targeting a fund of £1bn, to make private equity investments in Islamic and ethical small and medium-sized enterprises. ....

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