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Islamic DeFi project inshAllah completes $2.1 million seed funding round, led by Alliance DAO

Summary: According to reports, Islamic DeFi project inshAllah Finance has announced the completion of a $2.1 million seed funding round, 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 ...

According to reports, Islamic DeFi project inshAllah Finance has announced the completion of a $2.1 million seed funding round, 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.

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Link: Islamic DeFi project inshAllah completes $2.1 million seed funding round, led by Alliance DAO [Copy]

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