Deepti Sri · · 1 min read

This deck helped an Islamic fintech firm raise seed money

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ABOUT

Iman is an Uzbekistan-based fintech firm that relies solely on halal sources of funding and allows people across the world to fund consumers’ purchases directly at the point of sale.

The company’s Islamic finance operations are certified sharia-compliant. It offers investment, peer-to-peer lending, as well as buy now, pay later products, all of which follow the murabaha structure – an Islamic financing structure that works as a sales contract.

Iman was founded by Rustam Rahmatov and Mark Zubov in 2019 and aims to become a super app catering to Muslim-majority markets by 2023.

The fintech firm used this pitch deck to obtain seed funding.

Fundraising journey

  • 2022: US$1 million in seed funding from Battery Road Digital Holdings, Tesla Capital, Uzcard Ventures, MyAsiaVC, Le Mercier’s Capital, Block0, Vector Crypto Capital, and IT-Park Investments.

How is the deck compelling?

  • The deck points out the problems that the Islamic community encounters and presents Iman’s financial services, which caters to their religious needs, as a solution.
  • Iman clearly introduces its services and business model, along with risk management aspects.
  • The deck also elaborates on how the firm will use its investment and the company’s road map.
  • The presentation concludes by highlighting the key members and advisors of Iman.

SOURCE

Deck: IMAN

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Iman offers fintech services that follow the murabaha structure – an Islamic financing structure that works as a sales contract.  

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