Multiple Failed projects, severely Delayed projects, very poor to no communication whatsoever. would not recommend at all, stay away. Taking advantage by using the words islamic and ethical to lure... See more
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We have invested on some of the property projects that were delayed and are still stuck to date. Nonetheless, the short term projects they introduced later on had multiple payments. Overall great expe... See more
Company replied
My only mistake was to trust them. All the awards, Board of Directors line ups, SSM endorsement etc. were just part of marketing campaign to deceive Muslims looking for investment alternatives. Those... See more
It’s been 3 years since I was supposed to receive payout. And I still don’t have my money back. The project updates have slowed and become just a few photos. Even worse. They’ve basically stoppe... See more
Company details
Written by the company
A pioneer of Fintech for Islamic finance, we are one of few firms licensed to operate investment platforms in multiple countries, most notably for P2P financing by the Financial Services Authority Indonesia and Equity Crowdfunding by Securities Commission Malaysia. We are concurrently exploring acquiring approvals to launch new platforms in the region and the Middle East. Our platforms match global investors and donors directly to real-world impactful and sustainable projects and companies in fast-emerging Southeast Asia. We serve a wide range of funders, including high net worth individuals, foundations, institutions and corporations. Since the onset of COVID-19, we have launched popular new investment products, including short-term, high-yield supply-chain financing projects in Indonesia and equity investment in ‘future tech’ startups in Malaysia. Our social finance marketplace GlobalSadaqah plays a vital role in matching donors and Islamic economy players to better distribute social finance and zakat to NGOs and social enterprises. Ethis built our initial track record from 2016 to 2020 in social housing in Indonesia, where our global community of investors from more than 50 countries funded development projects to build close to 10,000 homes. We exist to #circulategood. Our deep desire to create a more ethical form of finance to uplift humanity has attracted significant finance and community leaders to support our vision and mission. We invite you to join us on our journey together.
Contact info
6th Floor, Suite 16, IOI Business Park, Persiaran Puchong Jaya Selatan, 47100, Selangor, Malaysia
- +60183831498
- support@ethis.co
- ethis.co
2.1
Poor
76 reviews
Hasn’t replied to negative reviews
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Experience
These individuals are ruthless pigs, so save your cash! If you're trying to find a reputable company to invest in, I can only recommend "calmosh" ub.
October 5, 2023
Unprompted review
Reply from Ethis
Dear Vincent,
We understand your frustration and appreciate you sharing your concerns, even though we’re disappointed to hear such strong words directed towards our team. We take all feedback seriously, and while we may not always agree with it, we believe it’s crucial for our growth.
We’ve been working hard to improve transparency and communication, recently implementing project reports. Our commitment to ethical business practices is unwavering, and we’ve consistently received high marks from customer satisfaction surveys.
We acknowledge that everyone has different opinions, and another platform might be a better fit for your investment goals. However, we believe our track record, commitment to improvement, and future plans make us a strong contender for your consideration.
If you’re open to further dialogue, please feel free to contact us directly at support@ethis.co. We’d be happy to address any specific concerns you may have.
Thank you for your time and feedback. We’re always striving to be a better company, and your input helps us reach that goal.
Best regards,
Maryam
Poor project management
I invested in a container terminal project in 2017. The project is still failing to pay out to investors. Every so often I get an update which is the same message, another meeting took place with no progress. As with any investment; capital is at risk, so my complaint isn’t regarding the financial performance. Rather, it was clear from the beginning that Ethis and the beneficiary of the investment funds are not experienced project management professionals based on their project updates. As such, the writing was on the wall that this investment was going to fail and it has. I invested through Ethis based on their good reviews and based on the brand. I want an ethical and easy halal investment platform available for everyone. Unfortunately my experience has not met the expectations set by the brand and the marketing. A few years ago I did contact their team and I received about 10% of my invested capital at that time. From a customer support perspective they did a good job there. I choose not to use this platform in the future and I’d caution others not to get caught up in the marketing and be aware that capital is at risk.
August 8, 2023
Unprompted review
Reply from Ethis
Dear John,
Thank you for sharing your feedback. We’re sorry your experience did not match your expectations. We understand that any delayed project will affect your experience in investing through Ethis.
As a platform, our role is to facilitate and safeguard your investment. Ethis actively tracks progress and problems of projects. We have regular meetings with project owners, make physical visits to project sites and validate information with related stakeholders. We will continue to play our role to manage the relationship with the project owners and track the progress of your projects.
Please feel free to contact maryam@ethis.co should you have more feedback so we can process your request.
Thank you and best regards,
Maryam
Time for legal action!
Before you read my review. Please check my profile on LinkedIn so you would know what is my level of knowledge and capabilities: Hammam (Marshal) Alkouz
I invested with Ethics more than 2 years ago in Griya Pali Project as a Lead investor where they promised to pay us back in 8 months time. Now it is been 3 years and 3 months since I invested and yet the project did not finish and no money.
My main problem with Ethis is they never communicate with you. I was always trying to ask for updates and most of the time they never reply to emails..
I was initially really impressed by the concept but it is sad to see how unprofessional they are. My basic expectation if I invest money is to get information or communication if there was any issues or delays. I found it very difficult to talk with them and now my investment is late by a year and a half and I still did not get my payment and I do not know what is going on!!
Do not ever invest with them. Many of my friends had the same issues with them. Feel free to contact me if you have any questions or if you need any evidence.
We are planning to take legal action Noe. Please connect with me in linkedIn if you have any issues with your investment.
July 15, 2022
Unprompted review
Reply from Ethis
Dear Hammam,
Thank you for sharing your feedback. We’re sorry your experience did not match your expectations. We understand that any delayed project will affect your experience in investing through Ethis.
As a platform, our role is to facilitate and safeguard your investment. Ethis actively tracks progress and problems of projects. We have regular meetings with project owners, make physical visits to project sites and validate information with related stakeholders. We will continue to play our role to manage the relationship with the project owners and track the progress of your projects.
Please feel free to contact maryam@ethis.co should you have more feedback so we can process your request.
Thank you and best regards,
Maryam
Bit of a gamble..
I thought I will wait a few years before writing review but now it's been long enough.
Out of the 3 projects I invested in, 1 was a few months late, 1 was many months late, and the current one is more than 18 months overdue following the end date.
The advertised rate isn't true if using foreign currency as it reduces significantly once you take into account currency fluctuation and the transfer fee - on one occasion leading to a loss for me.
Project updates word-to-word exactly the same for the last 6 months - recovery plan copy-pasted from the previous updates therefore in reality there is no update.
No prospect for restructuring of repayment.
Definitely would not recommend.
June 27, 2023
Unprompted review
Reply from Ethis
Dear Zulqarnain,
Thank you for sharing your feedback. We’re sorry your experience did not match your expectations. We understand that any delayed project will affect your experience in investing through Ethis.
As a platform, our role is to facilitate and safeguard your investment. Ethis actively tracks progress and problems of projects. We have regular meetings with project owners, make physical visits to project sites and validate information with related stakeholders. We will continue to play our role to manage the relationship with the project owners and track the progress of your projects.
We also already stated in the campaign page that Investments made in other currencies will be converted to Indonesia Rupiah (IDR) for project use. Investors may incur fx (currency) losses if there is a depreciation in the IDR to their own currency.
Please feel free to contact maryam@ethis.co should you have more feedback so we can process your request.
Thank you and best regards,
Maryam.
Not worth the gamble
I would not advise anyone risk their capital with Ethis. It’s basically a gamble if your project will actually complete on time. I invested in 3 projects. The first only just paid out 2yrs after the deadline. The second paid on time. The third was supposed to pay out in Nov 2021!!! I am still waiting.
Monthly updates are sparse on details. “Promising more information”, but they only update monthly, so progress is slow and promises pointless.
Given the poor returns and how a 4 month project turned into 2+yrs, you’re better off investing in halal stocks. It’s just a joke how delayed things are. Would never recommend.
May 10, 2023
Unprompted review
Reply from Ethis
Dear Hussain,
Thank you for sharing your feedback. We’re sorry your experience did not match your expectations. We understand that any delayed project will affect your experience in investing through Ethis.
As a platform, our role is to facilitate and safeguard your investment. Ethis actively tracks progress and problems of projects. We have regular meetings with project owners, make physical visits to project sites and validate information with related stakeholders. We will continue to play our role to manage the relationship with the project owners and track the progress of your projects.
Please feel free to contact maryam@ethis.co should you have more feedback so we can process your request.
Thank you and best regards,
Maryam
Keep away
Keep away. Horrible investments. Many failed and delayed for years. Successful ones returned lower returns due to currency fluctuations
March 21, 2023
Unprompted review
Reply from Ethis
Dear Aladin,
Thank you for sharing your feedback. We’re sorry your experience did not match your expectations. We understand that any delayed project will affect your experience in investing through Ethis.
As a platform, our role is to facilitate and safeguard your investment. Ethis actively tracks progress and problems of projects. We have regular meetings with project owners, make physical visits to project sites and validate information with related stakeholders. We will continue to play our role to manage the relationship with the project owners and track the progress of your projects.
We also already stated in the campaign page that Investments made in other currencies will be converted to Indonesia Rupiah (IDR) for project use. Investors may incur fx (currency) losses if there is a depreciation in the IDR to their own currency.
Please feel free to contact maryam@ethis.co should you have more feedback so we can process your request.
Thank you and best regards,
Maryam.
One of the best ethical investment platforms
Since 2020, I made many investments and re-investments with Ethis. I rate them as one of the best investment platforms. You contribute to ethical projects that bring value to the world and you gain a reasonable revenue, which outperforms the market in most cases. The company is very transparent considering finanical issues and the staff is friendly, cooperative and respectful. If you are checking this page to know if people are satisfied with them, then go ahead.
March 12, 2023
Unprompted review
Reply from Ethis
Dear Firas,
Thank you for leaving us such a wonderful review. We are thrilled that you loved your experience, our staff will definitely be happy to read what you wrote.
We look forward to grow and circulate good even more!
Best regards,
Maryam
If you think of Ethical and Sharia…
If you think of Ethical and Sharia compliant investments, you can always trust Ethis Indonesia.
March 10, 2023
Unprompted review
Reply from Ethis
Dear Hidayathullah,
We are so grateful for your kind words. Thanks for sharing your review with us and the community.
We look forward to grow and circulate good even more!
Best regards,
Maryam
impressed with the fast solution
I am actually a customer myself with Ethis and I'm consistently impressed by the quality of your service. In the rare instance If have an issue with any doubts , I have been able to speak to a real person and have been really impressed with the fast solution oriented approach.
October 26, 2022
Unprompted review
Reply from Ethis
Dear MNW,
We are so grateful for your kind words. Thanks for sharing your review with us and the community.
We look forward to grow and circulate good even more!
Best regards,
Maryam
One of a kind!
One of a kind!
Ethis is definitely one of a kind, with its Shariah compliant investments in various countries such as Malaysia, Indonesia and Oman.
Would recommend for everyone, muslims and non-muslims to all try this investment opportunity.
They have many interesting campaigns running and potential investors can choose the one which best fits their investment appetite.
February 22, 2023
Unprompted review
Reply from Ethis
Dear Nadhrah,
We are so grateful for your kind words. Thanks for sharing your review with us and the community.
We look forward to grow and circulate good even more!
Best regards,
Maryam
Variety of high-impact projects and…
Variety of high-impact projects and companies to invest in from emerging and growth markets.
Double-digit returns realised on the financing portfolio in 2022 with 98% success rate.
Customer support on whatsapp and web.
October 21, 2022
Unprompted review
Reply from Ethis
Dear Abdullah,
Thank you for leaving us such a wonderful review. We are thrilled that you loved your experience, our staff will definitely be happy to read what you wrote.
We look forward to grow and circulate good even more!
Best regards,
Maryam
Best shariah-compliant platform.
Strongly maintaining policy for onboarding any parties so investing is more secure than any other platform. Investors can talk and get the necessary information from support which is very useful.
February 20, 2023
Unprompted review
Reply from Ethis
Dear Kawser,
We are so grateful for your kind words. Thanks for sharing your review with us and the community.
We look forward to grow and circulate good even more!
Best regards,
Maryam
The trusted Islamic Fintech brand for me
One investment with Ethis is an investment away from riba or shariah non-compliance. Keeping track of their growth and presence locally & globally.
1. Ethis Malaysia
2. Ethis Indonesia
3. EthisX
4. GlobalSadaqah
5. Ethis Group
February 20, 2022
Unprompted review
Reply from Ethis
Dear Syazni,
We are so grateful for your kind words. Thanks for sharing your review with us and the community.
We look forward to grow and circulate good even more!
Best regards,
Maryam
Best returns and customer supports
Their returns and customer supports are awesome. Best investment site ever. If you are looking forward to investing in halal way, this could be your choice.
October 21, 2022
Unprompted review
Reply from Ethis
Dear Kaiser,
We are so grateful for your kind words. Thanks for sharing your review with us and the community.
We look forward to grow and circulate good even more!
Best regards,
Maryam
Make an impact with your investments!
Ethis is an outstanding investment opportunity for anyone looking to make a positive impact in the world. Ethis is not just any investment platform - it's a platform that is dedicated to making ethical and sustainable investments that have a tangible social impact. This means that when you invest with Ethis, you're not just investing for financial returns, but you're also investing in the future of a lot of social causes.
Investing with Ethis is not only a great way to make a difference in the world, but it's also a smart financial decision. Ethis carefully vets its investment opportunities, ensuring that each project has the potential to generate strong financial returns for its investors. This means that by investing with Ethis, you can feel good about where your money is going, while also enjoying the potential for solid financial returns.
February 18, 2023
Unprompted review
Reply from Ethis
Dear Zakaria,
We are so grateful for your kind words. Thanks for sharing your review with us and the community.
We look forward to grow and circulate good even more!
Best regards,
Maryam
I visited the Ethis Indonesia platform…
I visited the Ethis Indonesia platform and it looks so interesting. Many projects have paid out, I believe this platform is trusted.
February 20, 2023
Unprompted review
Reply from Ethis
Dear Putri,
We are so grateful for your kind words. Thanks for sharing your review with us and the community.
We look forward to grow and circulate good even more!
Best regards,
Maryam
Ethis is an outstanding company that is…
Ethis is an outstanding company that is making a real difference in the world of Islamic finance. Their commitment to ethical investing and their dedication to the principles of Shariah finance are truly impressive.
July 20, 2022
Unprompted review
Reply from Ethis
Dear Akram,
We are so grateful for your kind words. Thanks for sharing your review with us and the community.
We look forward to grow and circulate good even more!
Best regards,
Maryam
An excellent investment platform that…
An excellent investment platform that is shariah compliant.
July 12, 2022
Unprompted review
Reply from Ethis
Dear Hassan,
We are so grateful for your kind words. Thanks for sharing your review with us and the community.
We look forward to grow and circulate good even more!
Best regards,
Maryam
Really enjoy the experience in Ethis
Really enjoy the experience in Ethis. The team fast respon and willing to help me by answering my questions. Good joob!
February 19, 2023
Unprompted review
Reply from Ethis
Dear Salma,
We are so grateful for your kind words. Thanks for sharing your review with us and the community.
We look forward to grow and circulate good even more!
Best regards,
Maryam
Sharia-Compliant Crowdfunding Made Easy with Ethis
Ethis is a sharia-compliant crowdfunding platform that offers a convenient and accessible way for investors to participate in ethical and socially responsible investments. Investors can easily browse investment opportunities, review project information, and track their investments through an online dashboard.
February 20, 2023
Unprompted review
Reply from Ethis
Dear Imtiaz,
We are so grateful for your kind words. Thanks for sharing your review with us and the community.
We look forward to grow and circulate good even more!
Best regards,
Maryam
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