The Practical Islamic Finance Podcast

How to raise $1.6 million for your Islamic startup

December 02, 2023 Rakaan Kayali
The Practical Islamic Finance Podcast
How to raise $1.6 million for your Islamic startup
Show Notes Chapter Markers

► Kindly, leave us a good review if you enjoyed the episode!

► More from PIF:

How to raise $1.6 million for your Islamic startup



Our podcast is about helping people ethically build wealth. We cover a broad range of topics including stock and crypto investing, product reviews, and general financial well-being.


Anything you hear in this video is an opinion. It is not personalized financial advice. Make sure you do your due diligence before making any investment decisions.

Introduction and Compliments on Rakaan's Amazing Hair
Discussion about Takadao Project and Venture Capitalist Tim Draper: The Takadao project and the involvement of notable venture capitalist Tim Draper, which is a significant point of interest.
Early Entrepreneurship Ventures and USC Student Dorm Business: Early entrepreneurial ventures, including a unique business related to USC student dorms, demonstrating the guests' entrepreneurial journey.
Transition to Coffee House Venture: The first official business venture, transitioning into a coffee house, showcasing the evolution of their business pursuits.
Selling the Coffee Shop and Profitable Exit: The successful sale of the coffee shop and the profitable exit, highlighting a key milestone in their entrepreneurial journey.
Moving to a Muslim Country and Starting Halal Gummy Candy Manufacturing: Relocating to a Muslim country and beginning a new venture in Halal gummy candy manufacturing, reflecting a strategic business pivot.
Expansion and Exit from Halal Candy Business: Expansion and subsequent exit from the Halal candy business, which shows the scaling and successful conclusion of another venture.
Transition to Tech Business and Raising Venture Capital: Moving into the tech industry and the process of raising venture capital, indicating a significant shift in their business approach.
Introduction to the Concept of Takadao and Islamic Insurance: The introduction of Takadao and its alignment with Islamic insurance principles is discussed, highlighting the innovative aspect of their current venture.
Fundraising Strategy and Meeting with Tim Draper: the fundraising strategy for Takadao and the crucial meeting with Tim Draper, a key moment in their entrepreneurial path.