TLDR:
– Rina Neoh from Ficus Capital discusses Shariah compliant venture capital and ESG Islamic framework
– Shariah compliant funds focus on ethical investing and promoting social justice
Rina Neoh, managing partner at Ficus Capital, the world’s first ESG Islamic venture capital management company, joined the Sustainable Finance Podcast to talk about the firm’s in-house Shariah financial structuring and ESG Islamic framework. Shariah compliant venture capital differs from traditional venture capital models as it follows Shariah compliant financing rules and focuses on ethical investing.
Neoh highlighted the opportunities for growth in Shariah compliant venture capital in Asia due to the lack of financial products for the Muslim market. Ficus ensures ongoing Shariah compliance by having a head of Shariah compliance in their structure.
The podcast episode provides valuable insights into ethical investments within an ESG Islamic framework and offers a unique perspective on sustainable finance in emerging markets.
