Ethis is a fintech, impact investment and Islamic crowdfunding leader based in Malaysia with a growing global community of funders from more than 80 countries.


To drive effective and impactful circulation
of capital to the real economy


Uplifting humanity through
financial technology 

A pioneer of Fintech for Islamic finance, we are one of few firms licensed to operate investment platforms in multiple countries, most notably for P2P financing by the Financial Services Authority Indonesia, Equity Crowdfunding by Securities Commission Malaysia and the global platform for both ECF and P2P financing by the Capital Market Authority of Oman.

Our platforms match global investors and donors directly to real-world impactful and sustainable projects and companies in fast-emerging Southeast Asia. We serve a wide range of funders, including high net worth individuals, foundations, institutions and corporations.

Since the onset of COVID-19, we have launched popular new investment products, including short-term, high-yield supply-chain financing projects in Indonesia and equity investment in ‘future tech’ startups in Malaysia. Our social finance marketplace GlobalSadaqah plays a vital role in matching donors and Islamic economy players to better distribute social finance and zakat to NGOs and social enterprises. 

Ethis built our initial track record from 2016 to 2020 in social housing in Indonesia, where our global community of investors from more than 50 countries funded development projects to build close to 10,000 homes.

We exist to #circulategood. Our deep desire to create a more ethical form of finance to uplift humanity has attracted significant finance and community leaders to support our vision and mission. We invite you to join us on our journey together.


6th Floor, Suite 16, IOI Business Park, Persiaran Puchong Jaya, Bandar Puchong Jaya, 47100 Puchong, Selangor Darul Ehsan.


PT Ethis Fintek Indonesia, Rukan Puri Mansion blok B no. 7, Jalan Outer Ring West Kembangan, RT.2/RW.1, Daerah Khusus Ibukota Jakarta 11610, Indonesia


Office 343, 2nd Floor, Office Tower 5, Panorama Mall, Muscat, Sultanate of Oman.


Umar Munshi

Co-Founder, Ethis Group
Group Managing Director, Ethis
Chairman, Islamic Fintech Alliance

Ronald Yusuf Wijaya

Co-Founder, Ethis Group;
CEO, Ethis Indonesia;
President, Syariah Fintech Association Indonesia

Advisors/Senior Leadership

David Daud Vicary

Islamic Finance Consultant, former Banker and thought- leader. Former President- CEO INCEIF (Malaysia)

Datuk Mohd Radzif Yunus

Development Finance Expert and Corporate Transformation Leader. Former Group MD, SME Bank Malaysia

Amran Mohd

Executive Chairman Islamic Investment Banks and PE/VC firms. Former CEO SBI Brunei

Khaled Fouad

Angel Investor in Islamic social enterprises with experience in Corporate Venture Building. Former Managing Director, KAMCO Investment (Kuwait)

Md Zahid Yacob

Property and Waqf development expert. Former CEO of Warees Investments Singapore

Rehan Noor Pathan

Banking Professional Institutional Sales for Global Institutions and Family Office Investors

Dr Shamsiah A Karim

Islamic Finance and Social Finance Leader. Director and CEO, PERGAS Investment Holdings (Singapore)

Dr Hurriyah El Islamy 

Islamic Finance Investment, Law, Compliance and Shariah Expert. Executive Board, Indonesia Haji Financial Management Agency (BPKH)

Mufti Yousuf Sultan

Co-founder & CEO, ADL Advisory. 

Global Partners

Mohamed Al Aidaroos ​

Founder, Ethis Dubai
Global Real Estate Investor. Former VP, Amlak Finance (Dubai) Board member of various Financial Institutions in GCC

Hendarin Sukarmadji ​

Commissioner, Ethis Indonesia
Former MD, Bank Danamon (Indonesia)

Chief Executives

Mohamed Shehzad

COO, Ethis Group & CEO, Ethis Investment.

Wan Dazriq (Daz)

CEO, Ethis Malaysia. 

Ifran Tarmizi

CEO, Global Sadaqah.

Ethis Core Team​

Suad Dirie
Chief of Staff – Designate, Head of Corporate & Investor Relations
Mohammad Anas
Head of Tech and Infra
Ataf Ahmed
Head of Data & Analytics
Azizuddin Redzuan Lu
Head of GRC Designate
Aminath Yumna
Head Of Finance & Human Resource
Afiqah Farieza Abdul Aziz

PR and Events Lead

UN Global Impact

A participant of the United Nations Global Compact. Ethis is in support of the broader United Nations Sustainable Development Goals (UN SDGs). 

Shariah Compliant

Adl Advisory is a Malaysia-based global Shariah advisory entity that provides shariah advisory, review, auditing and training services in Halal, Islamic economics & finance domains. Team Adl has certified Muftis, AAOIFI Certified Shariah Advisor & Auditors (CSAA), AAOIFI Master Trainer and Registered Shariah Adviser with Securities Commission Malaysia, who has significant experience advising startups & Islamic fintech.
Best SME Development
1st Runner Up Ethical Finance Innovation 2016
Best Islamic Platform 2016
Best Islamic Peer-to-Peer Finance Platform 2018