MMH Partners with microLEAP to Launch Shariah Compliant P2P Financing Platform

Masryef Management House (MMH), a Malaysia-based Shariah advisory firm has collaborated with microLEAP PLT, a Malaysia based peer-to-peer (P2P) financing operator, to launch Shariah-compliant investment notes, through microLEAP’s online platform.

According to the Principal of MMH, Khairil Anuar Mohd Noor, based on the principles of Commodity Murabahah, MMH will ensure that Islamic funds raised on the microLEAP platform conform to the ethical and Islamic guidelines, in addition to compliance with the guidelines issued by the Shariah Advisory Council of the Securities Commission of Malaysia (SCM).

Tunku Danny Nasaifuddin Mudzaffar, the Founder and the Chief Executive Officer of m...