Sidra Start transforms business funding by following Islamic economic principles, using blockchain to create transparent investment opportunities.
What is Sidra Start?
Sidra Start helps entrepreneurs find funding that aligns with religious and ethical guidelines. The platform connects project creators with investors adhering to Shariah standards. Key features include avoiding prohibited industries, using Sidra Digital Assets (SDA) for transactions, time-limited 60-day campaigns, and equity distribution to investors.
The Technology Behind the Platform
Sidra Chain is a decentralized Proof-of-Work blockchain designed to enable Shariah-compliant financial transactions. It provides alternatives like Sukuk and Murabaha without traditional interest. Equipped with built-in mechanisms, the blockchain ensures adherence to Islamic economic principles.
How the Platform Works
The funding process is clear, ensuring transparency and religious compliance. Business owners submit their ideas for review, which staff screen against moral and business standards. Approved projects have 60 days to attract investors after identity verification, offering stakeholders equity in successful ventures.
Sidra Start combines religious principles with modern technology to offer a new way of funding ethical businesses. It empowers entrepreneurs and investors to succeed without compromising moral standards.
