SocioBiz
Empowering Lives Through Community Support
Where Your Contributions Build a Sustainable Future
In 2019, Alliance Islamic Bank launched SocioBiz , a Shariah-compliant social funding platform dedicated to empowering individuals from all walks of life. We connect those seeking financial support-whether to start or grow a business, gain new skills, or overcome hardship-with a community of donors eager to uplift their aspirations. SocioBiz created opportunities for meaningful impact by uniting like-minded individuals and organizations, amplifying the reach and value of their contributions.
Our goal is to foster sustainable livelihoods and drive lasting positive change by offering a transparent and trustworthy avenue for donation to directly support those working towards economic independence. Rooted in our commitment to effective zakat distribution, SocioBiz reflects our belief in the transformative power of community support.
Our Mission
At SocioBiz, we empower individuals to build sustainable livelihoods through entrepreneurship, skills development, and financial support. Our transparent and accessible platform connects those in need with a compassionate donor community, driving economic independence and long-term positive change. We are committed to upholding Islamic finance principles and ensuring every contribution creates meaningful impact - strengthening communities, one person at a time.
Value Proposition
Discover the unique benefits of supporting sustainable livelihoods through SocioBiz by Alliance Islamic Bank. The platform offers Shariah-compliant funding with verified beneficiaries, transparent fund collection, and a strong commitment to maximising donor impact. Partner with us to create meaningful, lasting change in communities.
- 100% Goes to the Cause
Every Ringgit you donate goes directly to campaign beneficiaries. All platform and management fees are covered by Alliance Islamic Bank. - Shariah-Compliant Platform
Operates in full accordance with Islamic finance principles, ensuring ethical transparent, and responsible fund management. - Verified Beneficiaries
Partners with reputable organisations to thoroughly vet recipients, ensuring fund integrity. - Double the Impact
Every ringgit donated is matched by at least another ringgit from Alliance Islamic Bank, doubling your contribution’s impact - Trusted Financial institution and Reputable Partners
Backed by Alliance Islamic Bank and a network of credible, purpose-driven partners.
Our Partners
Alliance Islamic Bank collaborates with key partners for SocioBiz. GS Global Guardian Sdn Bhd., a Shariah-compliant Islamic fintech venture builder, powers the crowdfunding platform.
Among the beneficiary partners are Yayasan Sejahtera (YS), Yayasan Pembangunan Ekonomi Islam Malaysia (YaPIEM), and accredited social enterprises. These organisations play a vital role in managing and verifying recipients, providing regular updates on fund utilisation and issuing tax receipts for donors (where applicable) - ensuring full transparency and accountability throughout.
Since its inception, SocioBiz has expanded its reach by partnering with numerous other reputable organisations. These partnerships enhance the platform’s impact and outreach, enabling us to empower even more individuals and communities in their pursuit of sustainable livelihoods.
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