What criteria does AMB Connect use to assess whether an issuer is Shariah-compliant?

We adopt the Shariah Screening Assessment Toolkit for Unlisted Micro, Small and Medium Enterprises (“Shariah Toolkit”) introduced by the SC as guidance in screening the Shariah status of entities applying to be issuers. This assessment ensures that issuers' businesses are Shariah-compliance before they are allowed to host ECF campaigns on our platform. The Shariah Toolkit will also be applied throughout the campaign period to maintain compliance.

Last Update: 22 July 2024