Halal Development Corporation Berhad (HDC) has joined forces with SOLV Malaysia to pave the way for Small and Medium-sized Enterprises (SMEs) in Malaysia to access the RM 2.67 billion halal fund, pledged by five prominent banks during the World Halal Business Conference Circuit 2023 in London.
The collaboration facilitated through the Halal Integrated Platform (HIP), aims to simplify and expand avenues for SMEs to obtain financing.
SOLV, incubated by SC Ventures, has established itself as a key player in addressing the evolving needs of the SME community, particularly in e-commerce and financial solutions. The collaboration aims to leverage HDC's expertise in the halal sector and SOLV's innovative digital platform to accelerate the growth of SMEs in Malaysia by providing easy access to the RM2.67 billion funding facility.
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
