IslamicMarkets.com closes strategic funding round with DDCAP

London and Kuala Lumpur, 24 October 2019 - IslamicMarkets Limited (“IslamicMarkets.com”), the world’s leading market intelligence provider for the Islamic financial and commercial markets, has closed a strategic funding round with one of the most recognised group of companies in the global Islamic finance industry, DDCAP Group™ (“DDCAP”).  DDCAP’s undisclosed investment will give IslamicMarkets.com the freedom to develop its technology platform to become the industry standard market data, learning and transactional platform worldwide.

IslamicMarkets.com, as the largest online platform in the Islamic economy by number of users, and DDCAP, one of the world’s leading Islamic market intermediaries and financial technology solutions providers, are together committed to the development of the $6 trillion Islamic financial and commercial markets through technology.  This funding round follows a year of extraordinary growth in IslamicMarkets.com’s fintech platform, now reaching over 250,000 users to make it the most widely used online information, learning, financial intelligence and investing platform in the Islamic economy.

Shakeeb Saqlain, CEO of IslamicMarkets.com, said: