Odaily Planet Daily reported that the Islamic DeFi project inshAllah Finance has announced the completion of a $2.1 million seed round financing, led by Alliance DAO, with participation from Blockchain Builders Fund, Polymorphic Capital, Sancus Ventures, and several angel investors. inshAllah Finance aims to combine Islamic finance with decentralized finance (DeFi) through the Solana network, providing Sharia-compliant financial services to the global Muslim community of 2 billion. Its latest products include the Sharia-compliant yield-bearing stablecoin iAUSD and the interest-free, low-liquidation-penalty lending protocol iABorrow.
Islamic DeFi project inshAllah completes $2.1 million seed round financing, led by Alliance DAO
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
SOL
149.68
-0.47%
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
@Square-Creator-45ff2a536