Malaysian private equity firm seeks Shariah-compliant businesses to support through COVID-19 pandemic
Malaysian firm COPE Private Equity has put out a call for Shariah-compliant businesses looking for financial backing amid the COVID-19 pandemic.
The 15-year-old firm says all companies are welcome to apply but it does not invest in “start-ups, project financing, commodities, properties, and non-Shariah businesses.”
The PE firm is committing to invest 20 million ringgit ($4.63 million) and above in each business via equity and quasi-equity deals.
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