Unlocking Capital for Small Business Owners through Islamic Finance

Wednesday, October 16, 2024
9-10AM PST • 12-1PM EST • 1-2PM AST

Sarah Atiq
Founder &
Principal Designer,
Sarah Atiq Interiors

Khaled Sultan
Senior Wealth Advisor
& Senior Portfolio Manager,
CIBC

Jerry Koh
Impact Lead,
New Power Labs

How can Islamic financing principles expand access to capital for underfunded entrepreneurs and communities?

Join us for an insightful webinar with Khaled Sultan (Senior Wealth Advisor & Senior Portfolio Manager at CIBC)  and Jerry Koh (Impact Lead at New Power Labs) on how Islamic financing principles can expand access to capital for underfunded entrepreneurs and communities. Learn how these ethical, interest-free financing models foster more inclusive and equitable funding opportunities. 

Inspired by the Boston Impact Initiative, New Power Labs is working with funders and community leaders to develop an Islamic financing fund that unlocks funding for underinvested communities in London, Ontario. This initiative is supported by Ontario Trillium Foundation and Suncor Energy Foundation.

We'll explore:

  • How Islamic finance offers new opportunities for both Muslim and non-Muslim investors and entrepreneurs through ethical, community-focused financing solutions.

  • The unique ways Islamic finance helps Muslim entrepreneurs and small business owners overcome capital challenges by providing interest-free financing options.

  • Innovative models of risk and profit-sharing that build more balanced relationships between funders and entrepreneurs.

This webinar is ideal for:

  • Investors and funders seeking alternative funding models to reach more underfunded leaders and communities

  • Entrepreneurs from underfunded communities looking for new capital sources

  • Financial professionals interested in expanding their knowledge of inclusive ethical financing options.

About the speakers

Khaled Sultan, Senior Wealth Advisor & Senior Portfolio Manager, CIBC

Khaled Sultan is a Senior Wealth Advisor and Portfolio Manager at CIBC, specializing in ethical, socially responsible, and Islamic finance. With over 20 years of experience, he leads Canada’s first advisory practice dedicated to Shariah-compliant investment solutions. Khaled holds a CFA designation and an MBA. He is currently pursuing a doctorate degree in Islamic finance, bringing expertise in advancing Islamic finance and helping underserved communities access sustainable capital.

Sarah Atiq, Founder & Principal Designer, Sarah Atiq Interiors

Sarah Atiq is the award-winning founder and principal designer of Sarah Atiq Interiors. Originally from Edmonton, Sarah moved to London, Ontario, in 2004. After receiving her business degree and subsequently her decorating designation, she established herself as a trusted source of advice and services for decoration and interior design in London, Ontario. She is also an accredited member of the Decorators & Designers Association of Canada.

Jerry Koh, Impact Lead, New Power Labs

Jerry Koh works with purpose-driven organizations to address complex challenges in communities and cities. Challenges he has addressed include building inclusive smart cities, accelerating municipal climate solutions adoption, fostering community wellbeing and growth, youth development, and poverty. He helps develop strategic partnerships, bring together coalitions, and build capacities to develop, test, and implement solutions using strategic foresight and systemic and human-centered design approaches. 

Jerry is a systems innovation and systemic design leader with over 20 years of experience spanning governments, nonprofits, and multinational corporations in Canada, the US, and Asia. He was previously the Director of MaRS Solutions Lab - Canada’s first public and social innovation lab at MaRS Discovery District. Jerry holds the International MBA from Schulich School of Business, York University.

About New Power Labs

New Power Labs is a “think-and-do tank” dedicated to building a more transparent, inclusive, and equitable financial future. We work towards a society in which everyone in Canada has equitable access to capital. New Power Labs works in partnership across the capital spectrum, from philanthropy to impact investing, to venture capital/private equity and bank and credit union financing. Our co-founding partners are DUCA Impact Labs, Ontario Trillium Foundation, Community Foundations of Canada, Coast Capital Savings, and WES Mariam Assefa Fund. Learn more about us here.