“Main areas of intervention Halal Fintech, Halal Foodtech, Halal Tourism, Ethical Finance and Future Tech
“The partnership to boost the Maldivian Halal & Startup ecosystem, through their international network”
“The Maldives have already developed infrastructure due to the investments made in the hospitality and tourism sector and this can be leveraged to host the Halal Ethical Investment Summit and the Khadija RA Initiative”
Maldives / United Kingdom
Halal Angels Network is among the first to enter the global $ 5,000 billion halal consumer market and has partnered with Let’s invest in the Maldives for the Maldivian market to support the Government of Maldives’ initiatives in business investment, develop and develop the halal economy and launch the startup culture.
Read also: Halal Angel Network partners with flagship projects for the rapidly growing Jordanian market (Halal and startups)
The main areas of intervention are halal tourism, halal fintech, halal food technology, ethical finance and future technologies. The Maldives can be one of the halal start-up zones that can help exports, investments and global connectivity, especially to the African market.
They would host the Summit on Halal and Ethical Investment in Post-COVID-19 Pandemic in the Maldives. This would be part of a series of Halal and Ethical Investment Summits to be held in strategic global locations to promote halal and ethical investment and startups.
Currently, the Halal & Startup economy in the Maldives is in its infancy, the partnership aims to strengthen Halal & Startup in the Maldives, through the global Halal Angels Network.
The Maldivian government, through the SDFC “COVID-19 Viyafaari Ehee” program (which translates to Business Aid) and income support programs, many startups have the necessary respite as they pivot and adapt their business to the changing environment.
Halal Angels Network was launched to promote innovation, entrepreneurship and start-ups, and inspire investors around the world to operate an industry that will be worth $ 9.71 trillion by 2025 (Reuters, 2019).
Mohame Riyaz, Founder and CEO of Let’s invest in the Maldives, said, “With Halal Angels Network’s focus on halal, startups and entrepreneurship, it would help grow and connect the startup and the halal economy of Maldives with global market. We are excited about this partnership as it would launch a focus on Halal & Startups. Our strategic location, the weather and the nature of people’s hospitality would encourage investors to invest in young entrepreneurs, which would create jobs, economic activity and a start-up culture. “
Dr Tausif Malik, Founder of Halal Angels Network, said: “With over 1.5 billion Muslims worldwide, the halal industry offers enormous opportunities in the Middle East, North Africa, South Asia. South and Southeast Asia. Based on vision, experience and expertise, we felt that Let’s invest in the Maldives is the right partner for the Maldives market and the region. Our partnership aims to support the Government of Maldives’ business and investment initiatives and opportunities to venture out and tap into the halal consumer market, both B2C and B2B.
Dr Malik also said that the Maldives already has the best infrastructure due to the investments made in the hospitality and tourism sector and that this can be leveraged to host the Halal Ethical Investment Summit and the ‘Initiative Khadija RA and establish centers of acceleration and incubation and co-work. space out. It can be the destination for Digital Nomads to work from the Maldives and enjoy the good weather and hospitality all year round.
Both partners are open to strategic partnerships with ministries and local organizations.
Lets Go Maldives Pvt Ltd / Discover the Maldives with a difference!
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Dr Tausif Malik
M.Com, MBA & DBA
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