# IMAN HALAL INVESTMENTS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/iman-halal-investments

- Industry: Financial Services
- Headquarters: Uzbekistan
- Website: www.imaninvest.com
- Total disclosed funding: $1M
- Latest round: Seed (Feb 22, 2022)
- Investors on record: 8

## About

Based in Tashkent, Uzbekistan, and founded in 2020 by CEO Rustam Rahmatov, and Mark Zubov, Iman Halal Investments LLC, a.k.a. IMAN is a fintech company that offers a full-stack halal finance solution for merchants, shoppers, and investors. In February 2022, Iman Halal Investments LLC raised USD 1 million in seed funding from Battery Road Digital Holdings, Tesla Capital, UZCARD Ventures, MyAsiaVC, Le Mercier’s Capital, Block0, Vector Crypto Capital, and IT-Park Investments.

Iman Halal Investments provides two Shariah-compliant financial products, which are IMAN pay, a halal buy-now-pay-later (BNPL) solution, and IMAN invest, an investment platform. The company’s BNPL solution has been connected with more than 100 merchants selling products and services, such as education, healthcare, sports, household appliances, and consumer electronics. In addition, the firm also offers IMAN invest, a mobile application for android and iOS users.

Iman Halal Investments plans to use its proceeds from February 2022 funding to expand its market presence by early 2023 and set up an office in the UAE. The company also plans to build a Defi (decentralized finance) protocol for connecting investors.

## Funding rounds

- Seed, Feb 22, 2022, $1M — Battery Road Digital Holdings, MyAsia VC, Indirection Level SRL, Tesla Capital, Uzcard Ventures, Vector Crypto Capital, Le Mercier’s Capital, IT-Park

## Investors

- Battery Road Digital Holdings — Seed
- MyAsia VC — Seed
- Indirection Level SRL — Seed
- Tesla Capital — Seed
- Uzcard Ventures (https://capitalatlas.ai/funds/uzcard-ventures) — Seed
- Vector Crypto Capital — Seed
- Le Mercier’s Capital — Seed
- IT-Park (https://capitalatlas.ai/funds/it-park) — Seed