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Today is our interview with Idris Abas from Aseel Islamic Finance. This is truly the first fund that has registered on our platform and is ready to lend to projects. We have a short interview with Mr. Abbas. I will give some comments before we break into the interview. Fund - A private joint stock company based in Dubai and regulated by the UAE Central Bank, Aseel Islamic Finance provides a multitude of financial products - designed in compliance with Islamic Shari’ah principles. All projects that will be presented on the platform will be considered by the fund for financing. from Aseel Islamic Finance. This is truly the first fund that has registered on our platform AODRS and is ready to lend to projects. We have a short interview with Mr. Abbas. I will give some comments before we break into the interview. Fund - A private joint stock company based in Dubai and regulated by the UAE Central Bank, Aseel Islamic Finance provides a multitude of financial products - designed in compliance with Islamic Shari’ah principles. All projects that will be presented on the platform will be considered by the fund for financing.
Q. Mr. Abbas how do you survive the virus?
A. By staying at home, maintaining hygiene, observing social distancing.
Q. Do you also work remotely in Arab Union Emirates?
A. I work at home
Q. How long have you been in your current business?
A. 6 years
Q. How do you think the current situation with the virus will affect the
business?
A. Business closures will affect financing. Investors may not pay back
promptly.
Q. Are there any other countries in AUE(UAE) where you can do business?
A. We do business world wide, where there is stable economy.
Q. Is it possible for an entrepreneur to easily join in a similar
business?
A. Yes sure, we are open to entrepreneurs who require funding for their
businesses/projects
Q. How did you create your system and why is it stable in your opinion?
A. It was created to encourages businesses and startups. That has been
the source of its stability.
Q. Are there any tips that you could give to people who are just
starting their business and it does not matter where they run it?
A. Financial appropriation is one. Good business survey is also key.
Then passion.
Q. What do you think should be done to start a business and how to start
working with investors?
A. First have a feasibility study of the type of business you want to
startup. If it has good return on investment (ROI), every good investor
like Aseel Islamic Finance would like to throw in their money.
Q. Do you do business with Russian entrepreneurs?
A. Yes, we love to
Q. Did your thinking change after you started working with partners and
investors?
A. No
Q. Is there something to say to Russian entrepreneurs and other
entrepreneurs who want to start a business
A. Russian entrepreneurs are not different from others.
We wish Idris, personal health to him and we want to wish his foundation as little as possible to not make mistakes in investments and find excellent partners. We hope that the participation of the fund on the platform will help the project companies decide to come to the platform as quickly as possible.
If you want to raise capital, then you need to submit your project, submit information about it here - https://windenergyfund9.wixsite.com/aodrs/predprinimatelyam?lang=en
Slav Luginin
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