Empowering Small Businesses through Community Funding
Ethis Türkiye is building a future where trade finance is funded by communities, powered by technology, and rooted in Islamic principles of fairness, transparency and trust. Through a decentralised platform, Ethis enables SMEs to access funding directly from the market while offering ethical investors attractive returns.
Meet the Team
Board Member – Ethis Global
A seasoned executive with over 22 years of experience in financial services. His expertise spans Islamic finance, corporate venture building, investment banking, and scale-up strategies for startups. With a background as Managing Director at KAMCO Investment in Kuwait, an MBA in Finance from Cranfield School of Management, and MSc in AI/ML, Khaled brings a wealth of expertise in launching and scaling financial platforms across multiple jurisdictions.
A visionary entrepreneur with over two decades of experience in creating impactful businesses. His leadership has established Ethis as a group of fintech investment platforms in multiple countries, funding nearly 10,000 homes through social housing projects. His contributions to Islamic finance have earned him the Royal Award for Islamic Finance (RAIF) Emerging Leader Award in 2022.
Ronald has extensive experience in financial technology, currently holding the position of Chairman of the Indonesian Sharia Fintech Association (AFSI) for the 2023-2026 term. Under his guidance, Ethis has become a pioneer in Islamic crowdfunding and peer-to-peer financing, focusing on productive financing for SMEs.
Turkish SMEs face a critical funding gap
Interest-free, but Time Consuming
Fast, but
Interest-based
Flexible, but
Expensive
While Türkiye’s SMEs have access to dozens of conventional non-bank funding channels, those seeking ethical, Shariah-compliant financing are often limited to Islamic banks. Banks’ rigid requirements and slow processes frequently exclude SMEs. This leaves businesses with a stark choice: compromise their values or miss out on growth opportunities. This gap not only stifles SME growth but also undermines the potential of Türkiye’s Islamic finance ecosystem.
Market Gap
With GDP expected to reach $1.3 trillion by 2026, bankable SMEs in the manufacturing sector need $56 billion for short-term working capital, but tight monetary policy makes it difficult to secure financing.
A Decentralised, Shariah-Compliant Financing Platform
Ethis is a regulated platform offering SMEs access to ethical, interest-free financing directly from the market, bypassing traditional banks. The platform connects businesses with a community of ethical investors, enabling them to secure funding while adhering to Islamic principles.
Key Features:
Shariah-Compliant Financing Models
Ethis utilises proven Islamic finance structures, such as Murabaha and Musharakah, to ensure all transactions are fair, transparent and aligned with Islamic principles.
Technology-Driven Efficiency
A decentralised platform leverages cutting-edge technology to streamline the funding process, making it faster and more accessible for SMEs.
Diverse Investor Base
By connecting SMEs with a global network of ethical investors, Ethis provides businesses with the capital they need to grow while offering investors halal returns.
Community-Centric Approach
Ethis empowers communities by enabling them to support local businesses, fostering economic growth and job creation.
For SMEs
Democratising access to credit – instead of one financier, few hundred.
For Investors
Humanising deployment of excess funds – instead of faceless deposits and funds, a vetted list of local real businesses.
Market Size
Traction
Leveraging a Proven Global Network
While Ethis Türkiye is in its early stages, it benefits from the extensive network of its parent company, Ethis Global. Ethis Global has facilitated over $300 million in funding for 300+ SMEs from 15,000 funders across 80+ countries.
Access to Local Liquidity
With backing from notable investors, Ethis has access to Türkiye’s vast liquidity pools and market expertise.
Ambitious Growth Targets
Ethis’s goal is to fund 30 SMEs with a total of TL 100 million within the first 24 months, driving economic growth and job creation across Türkiye.
2025-2026 Roadmap
Let’s raise capital and build the future together
