KOHA PARTICIPATING IN ROYAL AWARD FOR ISLAMIC FINANCE (RAIF) IMPACT CHALLENGE PRIZE 2022

KUALA LUMPUR, 9 May 2022 – Koha Digital is happy to announce that we have been selected as one of the Top 25 teams to be accepted into the Royal Award for Islamic Finance (RAIF) Impact Challenge Prize 2022 jointly organized by Bank Negara Malaysia and the Securities Commission Malaysia, in collaboration with The World Bank Group Inclusive Growth and Sustainable Finance Hub in Malaysia as a technical partner and supported by the Malaysia Digital Economy Corporation.

The Impact Challenge Prize aims to bring greater recognition to innovative solutions that are based on Islamic finance principles or are Islamic finance enablers, which can improve the economic and social resilience of financially impacted communities globally. The theme for the 2022 cycle is Advancing the Sustainability Agenda: Strengthening Economic and Social Resilience of Financially Impacted Communities through Islamic Finance.

Koha Digital is keen to participate in this challenge as our innovative solution is in parallel with this year’s theme. This achievement is a stepping stone for Koha’s management team to consistently boost our solution to meet the objectives of RAIF Impact Challenge Prize 2022.

About 1337 Ventures:

1337 Ventures is a Venture Capital (VC) firm in Malaysia focused on early-stage start-ups, assisting them through every growth phase. We’re always discovering, funding & launching emerging startups. We organise quarterly Startups Accelerator programme, to help founders understand more about their customers, product and market which then helps them achieve product-market-fit in a shorter duration & we’re always looking out for startups to invest.

About Koha:

Koha is a next-gen fintech platform for legacy planning. Our comprehensive solution fosters trust and engages people throughout their life journey by providing integrated education sharing, innovative personal financial health and legacy planning, charitable distribution of wealth after death, and personalised video or letter messages to their loved ones. Our goals are to encourage everyone to plan their legacy for the inevitable event with ease and clarity, to maintain family harmony, and to encourage charitable giving to social causes. For more information or to plan your own Will, go to https://koha.digital.