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June 30, 2025 – InshAllah.fi, a pioneering Web3 platform dedicated to bridging the vast $4 trillion Islamic finance market with the transformative power of decentralized finance (DeFi), today announced it has successfully raised $2.1 million in pre-seed funding. The round was led by AllianceDAO, a leading Web3 accelerator and venture fund, underscoring significant confidence in InshAllah.fi’s vision to unlock ethical and Shariah-compliant financial opportunities for the global Muslim community.
For too long, the immense potential of the Islamic finance market has been constrained by the limitations of traditional finance (TradFi), struggling to fully integrate with the rapid innovations of the digital asset space. Muslim investors, seeking to adhere to Islamic law, have often found themselves excluded from the burgeoning crypto economy due to concerns over interest-bearing transactions (riba), excessive uncertainty (gharar), and speculative practices (maysir). InshAllah.fi is building the essential infrastructure to address this critical gap, creating a financial future powered by DeFi, specifically leveraging the robust and scalable Solana blockchain.
"The $4 trillion Islamic Finance market is confined by TradFi. The solution? Islamic Finance powered by DeFi, built on Solana," stated a representative from InshAllah.fi. "InshAllah Finance is building that financial future for 2 billion people, and that's why we're thrilled to announce that inshAllah has raised $2.1 Million in pre-seed funding. This round is led by AllianceDAO."
The newly secured capital will be instrumental in accelerating InshAllah.fi’s product development, expanding its team of engineers and Islamic finance experts, and scaling its operations to meet the rapidly growing demand for halal crypto financial products. By building on Solana, InshAllah.fi aims to leverage the blockchain's high throughput, low transaction costs, and robust developer ecosystem to deliver efficient and accessible Shariah-compliant financial services.
AllianceDAO's leadership in this pre-seed round highlights the increasing recognition of the immense, underserved market for ethical and faith-based financial solutions within the Web3 space. The partnership signifies a strong belief in InshAllah.fi's innovative approach to integrating Islamic finance principles with cutting-edge blockchain technology.
InshAllah.fi is committed to ensuring all its offerings are rigorously vetted and approved by trusted Islamic finance scholars, providing users with complete peace of mind that their digital asset investments align perfectly with their faith. The platform’s transparent and verifiable approach, built on blockchain technology, aligns seamlessly with Islamic finance principles of fairness and accountability.
This funding round marks a significant step towards InshAllah.fi's goal of becoming a comprehensive ecosystem for Muslim investors seeking to participate ethically in the digital economy. The company plans to introduce a wider range of Shariah-compliant products and services, further solidifying its position as a leader in the Islamic DeFi space.
About InshAllah.fi
InshAllah.fi is a pioneering Web3 platform dedicated to developing and offering Shariah-compliant decentralized finance (DeFi) products. Guided by trusted Islamic finance scholars and built by a team of engineers and Islamic finance experts, InshAllah.fi aims to provide ethical and accessible crypto investment opportunities for the global Muslim community, bridging the gap between Islamic finance principles and the innovative potential of blockchain technology, primarily on the Solana ecosystem.
About AllianceDAO
AllianceDAO is a leading Web3 accelerator and venture fund dedicated to supporting the next generation of blockchain and cryptocurrency projects. With a focus on fostering innovation and growth within the decentralized ecosystem, AllianceDAO provides capital, mentorship, and a robust network to promising startups.
Compiled by CMO Intern team
