Muslim economy

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Launched in 2018, Everbright New Economy USD Fund (New Economy Fund) is under the umbrella of China Everbright, a Hong Kong-listed financial conglomerate. The New Economy Fund started from an inaugural fund of US$483m, with US$150m from Bahrain-based asset manager Investcorp. It invests mainly in the e-commerce, smart retail and artificial intelligence sectors. In November 2019, China Everbright and Investcorp announced they will co-manage Investcorp New Economy Fund I and explore the opportunity to establish a successor private equity fund, jointly managed by the two parties, that will target China’s tech sector.

Hafidz Syahrial established the capsule hotel startup Bobobox in 2018. After earning his MBA in 2016 from the Institut Teknologi Bandung, Indonesia Hafidz joined the business development department of budget hotel network ZEN Rooms’ before becoming its City Manager for Bandung. In 2017, he also co-founded Muslim App, an Islamic information app.

Olinggha Pigavetta graduated from Universitas Padjadjaran, Indonesia, with a bachelor's in Japanese Language and Literature in 2013. Upon graduation, he worked at airport services company Jasa Angkasa Semesta in customer relations and as a translator for Japanese passengers. In 2015, Olinggha became a web designer before co-founding Halal Local, a travel listing and utility app for Muslim travelers, where he is currently its head of development.

Harya Putra is the co-founder of MUVE, a community of Muslim travelers, which he established while still in university. After graduating in 2016, he joined East Ventures' coworking space, EV Hive, as an expansion and partnership executive. In 2017, Harya co-founded the East Venture-supported retail startup Warung Pintar, where he is currently its COO. He holds a bachelor's degree in Information Systems and Technology from Institut Teknologi Bandung, Indonesia. 

Closed Loop Ventures is an early-stage investment fund focused on the development of the circular economy.

The world’s first online Islamic fashion retailer, HijUp brings innovation to a fashion world that has long overlooked the huge potential of the Muslim market.

TV celebrity and influencer Luo Zhenyu holds a PhD in Journalism and Communications from the Communication University of China. After working at CCTV for eight years producing shows on finance and the economy, he resigned from the organization in 2008. Since then Luo has embarked on a journey he describes as “showing this fat face to all,” which he began by hosting popular TV shows on business and the economy and continued by founding Luoji Siwei in 2014.

Co-founder of investment and consultancy firm SYSTEMIQ Jeremy Oppenheim invests individually in early-stage cleantech and agritech ventures. He used to be a senior partner at global consultancy McKinsey, where he worked extensively with multilateral development banks, the United Nations and developing nations' governments to set up resource-sustainability projects. From 2013-14, Oppenheim was the program director of the New Climate Economy project, an initiative of the Global Commission on Economy and Climate that identified practical actions and policy options to maximize opportunities associated with climate change. The experience helped propel him into cleantech and agtech investing.

Qatar Investment Authority (QIA) is Qatar's sovereign wealth fund. QIA was founded by the State of Qatar in 2005 with the aim to strengthen the country's economy. Headquartered in Doha, QIA invests globally and manages total assets worth nearly $300bn.

Established in 2016, Roaming Capital invests mainly in early-stage startups in the sectors of mobile internet, new media, sharing economy, AR/VR, artificial intelligence, etc. The equity funds and digital assets under its management are worth over RMB 2bn. 

Riding on the growth of halal tourism, Halal Local conveniently offers directions and access to Muslim-friendly facilities and information for travellers on the road.

With a master’s in media studies from Bangkok University, Chen Yang joined the travel industry in 2001. His roles include being the secretary-general of Holiday Ownership Association of Thailand and the vice-president of China Holiday Association and International Leisure Economy Promotion Association. Chen is fluent in English and Thai.

After graduating with an engineering degree in 2017 from Thanliyn Technological University in Yangon, Soe Moe Aung joined RecyGlo as operations manager and co-founder.RecyGlo’s mission is to be Myanmar’s first circular economy waste management and recycling tech company with plans to become a key player in the ASEAN region.

Indonesia’s Muslimarket is rapidly gearing up to become a global e-tailer of halal products for Muslim communities at home and abroad.

Everhaus is a VC firm headquartered in Jakarta, investing primarily in southeast asian startups. The Everhaus team's expertise is primarily in data analytics and financial services, which it uses to "catalyze new retail and sharing economy" in the region. The VC has backed car-sharing startup HipCar, interactive video platform TADO and on-demand services provider Seekmi.

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