In today's digital economy, entrepreneurs need funding that aligns with their beliefs. Sidra Start changes how business owners find investors by following Islamic finance principles.
What is Sidra Start?
Sidra Start helps entrepreneurs find funding that follows religious and ethical guidelines. It links project creators with investors who value Shariah-compliant standards and investment opportunities. The core features highlight the focus on ethical business practices, avoiding prohibited industries and maintaining transparency in the funding process.
The Technology Behind the Platform
The technical foundation of Sidra Start is the decentralized Sidra Chain blockchain, designed to enable Shariah-compliant financial transactions. The platform operates without charging interest (Riba) and uses Islamic financial instruments like Sukuk (bonds) and Murabaha (cost-plus sales). The native digital currency SDA powers the entire ecosystem, providing a unified financial environment for all platform activities.
How the Platform Works
The funding process follows clear steps to ensure both transparency and religious compliance. Business owners submit their ideas for review, and approved projects get 60 days to attract investors using digital tokens. Investors must complete identity verification, and successful projects distribute partial ownership to supporters.
Sidra Start combines religious principles with modern technology to create a new way of funding businesses, empowering entrepreneurs and investors to achieve their goals while staying true to their values.