IslamicFinance.de

The world’s first Islamic real estate crowdfunding platform Ethis Crowd will showcase the solution at Expo 2020 Dubai. Ethis Crowd enables individuals to collectively fund and invest in new residential developments for low-income households in Indonesia and Malaysia. Created in 2014 and headquartered in Singapore, Ethis Crowd enables public investors to collectively gather funds to develop affordable housing projects. Typically completed in one to two years, the homes are then sold to ethical partner banks, who resell them to end-users. More than 20,000 investors and donors from 52 countries are registered on the platform. About 60% of the investment comes from Singapore, while an increasing number of investors originate from the Middle East.