MWM Ventures Raising America's First Sharia-Compliant Technology Fund

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MWM Ventures, an Atlanta-based Venture Capital Firm, is raising America's first Sharia-compliant technology fund to invest in early stage technology companies.

MWM Ventures, an Atlanta-based Venture Capital Firm, is raising America's first Sharia-compliant technology fund to invest in early stage technology companies.

The firm said that the fund will invest in companies that are in their early stages and can demonstrate leadership in fast emerging technologies while meeting Sharia guidance.

MWM Ventures Director Dr. Sayeed said MWM Ventures is confident about the exceptional growth potential of niche technology companies both here in USA as well in emerging markets like India and China and the firm is keen to optimally capitalize on this growth.

"Our growing portfolio and diversification along with our good relationships with leading University research teams here in USA should lead to a highly successful product," Dr. Sayeed said. Along with USA the Fund also plans to enhance business opportunities for the portfolio companies in GCC countries in the Arabian gulf.

"This is an opportunity for our clients to capture the value that can be found investing early stage in key emerging technologies that can win in the global market place."

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