Ethis Announces Launch of Super Angel Syndicate for Financing Islamic Startups 

Ethis Group (Ethis), Ethical and Islamic investment, and social finance platform operator, has announced the re-launch of its Ethis Super Angel (ESA), rebranded as the ESA Syndicate in 2022, as per a press release issued on the 10th of August 2022.

Why it Matters?

ESA Syndicate is a private group of global angel investors that makes investments in businesses that adhere to Shariah and have the potential to generate significant profits. It was first established as a network inside the Ethis community in 2020 and is by invitation only with over 50 angel investors activated so far to invest USD 3 million in 9 startups. According to Ethis Founder and Group Managing Director, Umar Munshi, ESA, as a Syndicate, will address two issues that many angel investor...