IslamicFinance.de

Today, crowdfunding is a part of the financial services segment known as financial technology (fintech). And it is seeing exponential growth in investments. There are four types of crowdfunding — debt, equity, rewards and donations. There are also new variants and concepts such as Islamic crowdfunding, which is the use of shariah-compliant crowdfunding platforms. Higher bank interest rates for property development have seen the emergence of real estate crowdfunding. And as interest rates continue to rise, developers will need to look beyond traditional financing for their projects, according to a Crowd101.com article entitled “Crowdfunding 2016 predictions: The next real estate boom?”