13 July 2020

Halal Angels Network teams up with UK fintech Delio to create Shariah-compliant deal opportunities

Written By Delio

Halal Angels Network teams up with UK fintech Delio to create Shariah-compliant deal opportunities

An angel network that is among the first to penetrate the $5 trillion Halal consumer market has teamed up with UK fintech Delio to digitise the Halal investment market for angel investors across the globe.

Despite the popularity of the Halal market, no angel network has ever streamlined the investment process in the industry before. Halal Angels Network was launched to promote innovation, entrepreneurship and start-ups, and inspire investors across the world to tap into a sector that will be worth $9.71 trillion by 2025 (Reuters, 2019).

The angel network is adopting new, innovative technology to digitise the way they present, distribute and manage Halal-based deals. In doing so, angel investors will benefit from greater access to deal flow which can be profiled based on their interests, risk appetite and current portfolio.

Dr Tausif Malik, Founder of Halal Angels Network, 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 market, 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.”

Halal Angels Network is now calling for angel investors to join them and discover over 1,000 investment opportunities within the flourishing market – from pharmaceuticals and modest fashion through to food and tourism. The digital platform will offer a new way of showcasing Halal-based deals to a much more international audience, connecting angel investors across the world not just with deals, but also with each other.

Rahul Vaish, Delio’s Client Director for the Middle East, 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.”

Up Next ...
19 January 2022

Press Release: FinTech Alliance announces third annual investment series, with a UK-wide focus

London, UK, 19th January 2022 – FinTech Alliance has announced ...

19 January 2022

FinTech Alliance announces UK-wide investment series 

FinTech Alliance has announced its third annual investment series to ...

18 January 2022

Coinbase to enable Mastercard payments for NFTs 

Coinbase has announced its new NFT (non-fungible token) marketplace will take ...

18 January 2022

Thought Machine to transform Lunar core banking 

FinTech Alliance company Thought Machine has been selected by Nordic ...

More in Angel Investment

Three-quarters of UK start up have positive outlook

05 August 2021

The findings come in a new survey by the Angel ...

Fronted raises £1mn from ex Monxo Execs 

10 May 2021

Fronted, the FinTech which aims to help people rent more ...

Clearbanc launches automated angel investor, ClearAngel

26 February 2021

Lending FinTech Clearbanc has launched ClearAngel to automate investment. In Brief: This ...

British Business Investments commits to regional investment

12 September 2019

British Business Investments has committed £10mn to Dow Schofield Watts Angels. In Brief: &...

White Papers Angel Investment

A nation of angels

09 December 2021

Angel investment may be seen as the most significant source of risk capital for start-up and early s...

There are no Events in this category