Salam ,
I want to invest in startups and I found: https://republic.co/
could you please review this platform?
Regards,
Kassab Mohammed
Wa alaykum salaam,
It mentions a few ways how you will get a return. From those, debt securities is clearly impermissible.
With regards to capital gain from equity interests, that will depend on the company in question, it’s business activity and current borrowings on interest etc.
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so the platform is sharia compliant, I only have to see if the startups don’t have debt and don’t invest in haram things right @Mufti_Faraz_Adam
No, I’m not sure of the platform either as I have not reviewed all the terms and conditions, nor the processes.
If there is anything of concern on the platform, do share with us.
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ok jazaka allah khairan