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Announced

New World Capital Advisors invested in IslamicMarkets.

Synopsis

New World Capital Advisors, the specialist merchant banking and investment firm, invested in IslamicMarkets, a leading financial intelligence, e-learning and investment platform focused on the global Islamic economy. Financial terms were not disclosed. Adam Sadiq, co-founder of NWCA said: “Despite continued year-on-year growth, the true potential of the Islamic economy has been held back due to a lack of clear, consistent and powerful insights. By creating a gateway for all market participants to research, share and connect on live opportunities, this platform will revolutionise Islamic finance and establish confidence in the market, supporting the fast growing Islamic Fintech ecosystem”.

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