{"id":56413,"date":"2023-05-30T17:15:16","date_gmt":"2023-05-30T09:15:16","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=56413"},"modified":"2023-05-31T12:10:38","modified_gmt":"2023-05-31T04:10:38","slug":"funding-societies-islamic-funding-launch","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch","title":{"rendered":"Funding Societies Launches Islamic Financing Solutions For Entrepreneurs"},"content":{"rendered":"<p><a href=\"https:\/\/fundingsocieties.com.my\/\" target=\"_blank\" rel=\"noopener\">Funding Societies<\/a> has officially launched its comprehensive <a href=\"https:\/\/fundingsocieties.com.my\/islamic-financing\" target=\"_blank\" rel=\"noopener\">Islamic Financing product collection<\/a> to help underserved Malaysian micro, small and medium enterprises (MSMEs).<\/p>\n<p>&#8220;Access to finance is mission critical for inclusive growth and MSME development. Case in point, there is a RM90 billion SME financing gap in Malaysia.&#8221;<\/p>\n<p>&#8220;To that end, SME digital finance platforms like Funding Societies play an important role in closing that gap,&#8221; said Wong Kah Meng, Group Chief Operating Officer of Funding Societies.<\/p>\n<p>Entrepreneurs looking to grow their business through Shariah-compliant financing can apply for their Islamic Financing solutions, which include:<\/p>\n<ul>\n<li>Micro Financing-i<\/li>\n<li>Business Term Financing-i<\/li>\n<li>Invoice Financing-i<\/li>\n<\/ul>\n<p>Get more details on small business financing options <a href=\"https:\/\/www.imoney.my\/business-loan\/funding-societies\/funding-societies-business-loan\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<div id=\"attachment_56418\" style=\"width: 1210px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-56418\" class=\"size-full wp-image-56418\" src=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/05\/30142525\/ChaiKienPoon.png\" alt=\"\" width=\"1200\" height=\"689\" srcset=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/05\/30142525\/ChaiKienPoon.png 1200w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/05\/30142525\/ChaiKienPoon-300x172.png 300w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/05\/30142525\/ChaiKienPoon-800x459.png 800w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/05\/30142525\/ChaiKienPoon-768x441.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><p id=\"caption-attachment-56418\" class=\"wp-caption-text\">Chai Kien Poon, Country Head of Funding Societies Malaysia introducing the suite of Islamic Financing solutions.<\/p><\/div>\n<p>Interested SMEs can easily apply for any of its financing solutions, which can provide faster financing compared to traditional financial institutions, through its online portal with no collateral required.<\/p>\n<p>In addition to Islamic Financing solutions, Funding Societies have also developed Shariah-compliant investment products for investors who wish to diversify their investments while also supporting a critical segment of the Malaysian economy.<\/p>\n<p>&#8220;We have seen very encouraging demand from investors (retail, high net worth individuals and institutions) and look forward to working with financial institutions to offer Shariah-compliant investments to their customers,&#8221; said Chai Kien Poon, Country Head of Funding Societies Malaysia.<\/p>\n<div class=\"block\"><div> Looking to start your investment journey? <a href=\"https:\/\/www.imoney.my\/online-investment\" target=\"_blank\" rel=\"noopener\">Head over here<\/a> to start investing! <\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>They are now providing financing solutions specifically for the halal economy.<\/p>\n","protected":false},"author":47,"featured_media":56449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,347,216],"tags":[924,997,1064,982],"class_list":["post-56413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-islamic-finance","category-news-updates","tag-funding-societies","tag-islamic-financing","tag-islamic-investments","tag-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Islamic Financing Solution For Malaysians<\/title>\n<meta name=\"description\" content=\"Financing solutions designed for the Halal economy, Funding Societies launches its Islamic Financial product suites for Malaysian entrepreneurs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Funding Societies Launches Islamic Financing Solutions For Entrepreneurs\" \/>\n<meta property=\"og:description\" content=\"Financing solutions designed for the Halal economy, Funding Societies launches its Islamic Financial product suites for Malaysian entrepreneurs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-30T09:15:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-31T04:10:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/05\/31120754\/Funding-Societies-Islamic-Financing-launch.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Azreen Azmi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azreen Azmi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch\",\"url\":\"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch\",\"name\":\"Islamic Financing Solution For Malaysians\",\"isPartOf\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/05\/31120754\/Funding-Societies-Islamic-Financing-launch.jpeg\",\"datePublished\":\"2023-05-30T09:15:16+00:00\",\"dateModified\":\"2023-05-31T04:10:38+00:00\",\"author\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/8c957dfb12fe1ffcc0e443b7cc382349\"},\"description\":\"Financing solutions designed for the Halal economy, Funding Societies launches its Islamic Financial product suites for Malaysian entrepreneurs.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch#primaryimage\",\"url\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/05\/31120754\/Funding-Societies-Islamic-Financing-launch.jpeg\",\"contentUrl\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/05\/31120754\/Funding-Societies-Islamic-Financing-launch.jpeg\",\"width\":1200,\"height\":628},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.imoney.my\/articles\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"News Updates\",\"item\":\"https:\/\/www.imoney.my\/articles\/category\/news-updates\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Funding Societies Launches Islamic Financing Solutions For Entrepreneurs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\",\"url\":\"https:\/\/www.imoney.my\/articles\/\",\"name\":\"iMoney Malaysia\",\"description\":\"Everything you need to know about improving your personal finances.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.imoney.my\/articles\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/8c957dfb12fe1ffcc0e443b7cc382349\",\"name\":\"Azreen Azmi\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8885892ba26a4b385de85e74cb4a5865?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8885892ba26a4b385de85e74cb4a5865?s=96&d=mm&r=g\",\"caption\":\"Azreen Azmi\"},\"description\":\"Azreen Azmi is a writer with a penchant for writing about content marketing and technology. From YouTube to Twitch, he tries to keep in touch with the latest in content creation and finding out the best way to market your brand.\",\"url\":\"https:\/\/www.imoney.my\/articles\/author\/azreen-azmi\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Islamic Financing Solution For Malaysians","description":"Financing solutions designed for the Halal economy, Funding Societies launches its Islamic Financial product suites for Malaysian entrepreneurs.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch","og_locale":"en_US","og_type":"article","og_title":"Funding Societies Launches Islamic Financing Solutions For Entrepreneurs","og_description":"Financing solutions designed for the Halal economy, Funding Societies launches its Islamic Financial product suites for Malaysian entrepreneurs.","og_url":"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch","og_site_name":"iMoney Malaysia","article_published_time":"2023-05-30T09:15:16+00:00","article_modified_time":"2023-05-31T04:10:38+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/05\/31120754\/Funding-Societies-Islamic-Financing-launch.jpeg","type":"image\/jpeg"}],"author":"Azreen Azmi","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Azreen Azmi","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch","url":"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch","name":"Islamic Financing Solution For Malaysians","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch#primaryimage"},"image":{"@id":"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch#primaryimage"},"thumbnailUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/05\/31120754\/Funding-Societies-Islamic-Financing-launch.jpeg","datePublished":"2023-05-30T09:15:16+00:00","dateModified":"2023-05-31T04:10:38+00:00","author":{"@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/8c957dfb12fe1ffcc0e443b7cc382349"},"description":"Financing solutions designed for the Halal economy, Funding Societies launches its Islamic Financial product suites for Malaysian entrepreneurs.","breadcrumb":{"@id":"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch#primaryimage","url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/05\/31120754\/Funding-Societies-Islamic-Financing-launch.jpeg","contentUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/05\/31120754\/Funding-Societies-Islamic-Financing-launch.jpeg","width":1200,"height":628},{"@type":"BreadcrumbList","@id":"https:\/\/www.imoney.my\/articles\/funding-societies-islamic-funding-launch#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.imoney.my\/articles\/"},{"@type":"ListItem","position":2,"name":"News Updates","item":"https:\/\/www.imoney.my\/articles\/category\/news-updates"},{"@type":"ListItem","position":3,"name":"Funding Societies Launches Islamic Financing Solutions For Entrepreneurs"}]},{"@type":"WebSite","@id":"https:\/\/www.imoney.my\/articles\/#website","url":"https:\/\/www.imoney.my\/articles\/","name":"iMoney Malaysia","description":"Everything you need to know about improving your personal finances.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.imoney.my\/articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/8c957dfb12fe1ffcc0e443b7cc382349","name":"Azreen Azmi","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8885892ba26a4b385de85e74cb4a5865?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8885892ba26a4b385de85e74cb4a5865?s=96&d=mm&r=g","caption":"Azreen Azmi"},"description":"Azreen Azmi is a writer with a penchant for writing about content marketing and technology. From YouTube to Twitch, he tries to keep in touch with the latest in content creation and finding out the best way to market your brand.","url":"https:\/\/www.imoney.my\/articles\/author\/azreen-azmi"}]}},"_links":{"self":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/56413"}],"collection":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/comments?post=56413"}],"version-history":[{"count":17,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/56413\/revisions"}],"predecessor-version":[{"id":56450,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/56413\/revisions\/56450"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media\/56449"}],"wp:attachment":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media?parent=56413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/categories?post=56413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/tags?post=56413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}