CEO Tunku Danny Nasaifuddin
Kuala Lumpur, January 28, 2025 – microLEAP, a leading P2P financing platform in Malaysia, is expanding its support for micro, small, and medium enterprises (MSMEs) through the Sarana alternative financing scheme. By providing Shariah-compliant options like invoice and contract pre-financing, microLEAP bridges financing gaps for underserved businesses, enabling them to access crucial working capital efficiently.
Malaysia’s dominance in Islamic finance, exemplified by topping the 2024 Islamic Finance Development Indicator (IFDI), is bolstered by microLEAP’s 99.5% Shariah-compliant investment notes last year. With RM125 million disbursed in 2024—achieving 101% year-on-year growth—the platform empowers SMEs nationwide, especially in rural areas.
CEO Tunku Danny Nasaifuddin highlights invoice financing as transformative, turning unpaid invoices into immediate cash flow for SMEs. With offices across Malaysia and a low default rate of 0.63%, microLEAP combines innovation with robust risk management, aligning with the SC’s roadmap to strengthen MSME access to capital markets.
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