Halal Angel Network partners with Let’s invest in the Maldives to develop and establish the Halal & Startup ecosystem

Maldives/UK

Halal Angels Network is among the first to penetrate the $5 trillion global Halal consumer market and has teamed up with Let’s invest in the Maldives for the Maldivian Market to support the Maldives government initiatives for business investment, and develop and build the Halal economy and kick-startup the startup culture.

The key focus areas are Halal Tourism, Halal Fintech, Halal Foodtech, Ethical Finance, and Future Technologies. The Maldives can be one of the Halal Startup zones which can help is exports, investments, and global connectivity, especially to the African market.

They would host the Halal & Ethical Investment Summit post-COVID-19 pandemic in the Maldives. This would be part of series of Halal & Ethical Investment Summit to be held at strategic global locations to promote Halal & Ethical Investment & startups.

Currently, the Halal & Startup economy in the Maldives is at a nascent stage, the partnership aims to bolster Halal & Startup in the Maldives, through the Halal Angels Network global network.

The Maldivian government through the SDFC ‘COVID-19 Viyafaari Ehee’ (translates to Business Aid) program and the income support programs many startups have got the breathing space needed, as they pivot and adapt their business to the changing environment.

Halal Angels Network was launched to promote innovation, entrepreneurship, and start-ups, and inspire investors across the world to tap into a sector that will be worth $9.71 trillion by 2025 (Reuters, 2019).

Mohamed Riyaz, Founder & MD of Let’s invest in the Maldives said “With the Halal Angels Network’s focus on halal, startups and entrepreneurship, this would help develop and connect Maldives’s Startup and Halal Economy with the global market. We are excited about this partnership as this would kickstart a focus on Halal & Startups. Our strategic location, weather, and hospitality nature of the people would encourage investors to invest in the young entrepreneurs which would create employment, economic activity, and startup culture. ”

Founder, Halal Angels Network

Dr. Malik also said that the Maldives already has the best infrastructure due to the investments made in the hospitality and tourism sector and this can be leveraged to host Halal Ethical Investment Summit & The Khadija RA Initiative and establish acceleration and incubation centers & co-working space. It can be the destination for Digital Nomads to work from the Maldives and enjoy the year-long beautiful weather and hospitality.

Indian American Dr. Tausif Malik, Founder of Halal Angels Network said, “With over 1.5 billion Muslims in the world, the Halal industry offers tremendous opportunities across the Middle East, North Africa and South Asia, and South-East Asia. Based on the vision, experience, and expertise, we felt that Let’s invest in the Maldives is the right partner for the Maldives market and the region. Our partnership is to support the Maldivian government’s business and investment initiatives & opportunities to venture and tap the halal consumer market, both B2C and B2B

Dr. Malik also said that the Maldives already has the best infrastructure due to the investments made in the hospitality and tourism sector and this can be leveraged to host Halal Ethical Investment Summit & The Khadija RA Initiative and establish acceleration and incubation centers & co-working space. It can be the destination for Digital Nomads to work from the Maldives and enjoy the year-long beautiful weather and hospitality.


Both the partners are open for strategic partnerships with the government departments & local organizations.

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