Jana Kapital is looking to include overseas businesses and investors into its crowdfunding platform, hoping to cater to especially the Micro, Small and Medium Enterprises (MSMEs) from other Muslim countries.
They planned to achieve this by white-labelling its homegrown online peer-to-peer (P2P) debt financing solution while also promoting the benefits of engaging its flagship Islamic financial structure to the international market.
Presently, Jana Kapital has had dialogues and received expressions of interest from various parties including Malaysia and Uzbekistan.
Managing Director Hj Aidil Salleh shared his vision to have Jana Kapital as a solution that is “ready-to-use” and “off-the-shelf” for the convenience of its potential clients which include individuals, licensed operators and fintech companies. This will also include foreign operators.
“If a foreign operator would take up the solution, we will become partners in a way but at arm’s length because when they adopt the platform, the solution will be theirs and elements of the solution are customisable to respect the relevant jurisdiction of the markets they operate from,” he said.
To date, Jana Kapital has listed six MSMEs onto its platform since its launch in November 2021.
Jana Kapital is an up-and-coming fintech company that provides alternative financing for MSMEs as well as offering investment opportunities for the general public through crowdfunding.
It aimed at sourcing and mobilising funds into social impact, the real economy and productive sectors via Syariah-compliant structure – at the moment, targeting local MSMEs.
“It’s a 100%, a Bruneian solution. Additionally, we adopt Islamic structures into our platform and we believe that Islamic finance practices are universal, so with this in mind, we do believe that the platform can go all the way in terms of globalization,” Hj Aidil said.
To find out more about the crowdfunding platform: www.janakapital.com.
Wafi Wasil
BANDAR SERI BEGAWAN
MediaStar
