Malaysian P2P Platform Appoints New Head of Islamic Products

Tasked with introducing Shariah-compliant products to the market, Rosalinda is expected to take Cofundr to a higher level of achievement in nurturing and developing its SME clients.

Kuala Lumpur, 8 November 2021 – Crowd Sense Sdn Bhd (CSSB) has appointed Rosalinda Ahmad as its Head of Islamic Products and Services. CSSB is a peer-to-peer (P2P) operator licensed by the Securities Commission Malaysia operating under the Cofundr platform. Launched in July 2020, it is currently the only P2P platform in Malaysia focusing on general insurance premium financing for Small and Medium Enterprises (SMEs). 

Rosalinda’s addition to CSSB’s team further expands the dynamics of the Company; bringing with her a wealth of knowledge and experiences gained from her time working with various governments and international organizations as a subject matter expert in Islamic Finance.

Her progressive experience is mainly within the Islamic Investment Banking industry specializing in achieving financial goals and providing innovative Shariah-compliant solutions, deals negotiations, and product innovations mainly across South East and East Asia regions.

Rosalinda was previously attached with the CIMB Group for 17 years, and she was one of the pioneers in CIMB Islamic when it was established in 2003. During her tenure as Director & Head of Product Development and Strategy, together with her team, CIMB Islamic has won many prestigious awards and has consistently maintained the position as a leader in the global Sukuk market.  She was also in charge of Thoughts Leadership at CIMB Islamic, reporting under the CEO’s office.   

Rosalinda holds a BSc in Business Administration (Finance) from the University Of The Pacific, California, and an MBA from the University of Miami, Florida 

Driven by her passion for FinTech and innovations in Islamic finance, Rosalinda is expected to take CSSB to the next level of achievement by introducing innovative Shariah-compliant investment products to the market; with regional expansion on the horizon. 

“SMEs play a major role in most economies, particularly in developing countries. SMEs account for the majority of businesses worldwide and are important contributors to job creation and global economic development.

They represent about 90% of businesses and more than 50% of employment worldwide. However, access to funding is a key constraint to SMEs’ growth, it is the second most cited obstacle facing SMEs to grow their businesses in emerging markets and developing countries. 

At CSSB, the focus now is to improve SMEs’ access to financial inclusion and provide innovative solutions in a shariah-compliant manner.

Our approach is holistic; combining investment and financing products & services to our clients. 

We hope to play an important role on the Government’s call in supporting the SMEs including the underserved segment such as women-owned SMEs to boost the Malaysian economy, and at the same time introducing innovative financing products to serve the Takaful Industry. ”, says Rosalinda.