Launch Partners

Launch Partners

Wahed establishes fund for Palestine

GLOBAL: Wahed has partnered with the Bank of Palestine and Intersect Innovation Hub to establish a US$5 million fund to support start-ups in Palestine, with Muslim Aid as the official charity partner, read a press release. The fund aims to invest in 25 to 30 tech start-ups in Gaza and the West Bank.

Wahed has committed to contributing the entire investment fee (2.5% of the investment) to support Muslim Aid’s crucial projects in Palestine.

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