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Malaysia’S Kenanga Unit Invests $7M In P2P Firm Capbay

Malaysia’S Kenanga Unit Invests $7M In P2P Firm Capbay

12/20/21, 4:51 AM
Money raised
$7 million
Kenanga Capital Islamic, a unit of Kenanga Investment Bank (KIBB), has invested 30 million Malaysian ringgit ($7 million) in peer-to-peer firm CapBay as part of its efforts to address the gap in the market for sharia-compliant financing, according to a company statement on Monday.

Company Info

Company
Cap Bay