UK: Madinah Angels, consisting of diverse global Muslim investors, is a VC syndicate aiming to support co-founders that include Muslims – to transform critical sectors including financial services, healthcare and technology. The group announced its first investment with REG-1, an AI-powered regtech ecosystem that incorporates AI-driven insights, intelligent automation and predictive analytics. The investment adopts Shariah compliance methodology including the avoidance of interest, preference shares as well as prohibited sectors.
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