Access to Lower Cost Credit
By joining iGENS, members have access to short and long term credit at lower cost when compared with conventional or Islamic financing.
More Credit means More Liquidity in the Community
More credit leads to increased liquidity in the community that stimulates the circulation of more goods and services, promotes trade, business and profits.
Long Term Sustainable Growth
Long term access to interest free credit means all members in the community will experience a sustained growth in business activity.
Ideal for Startups
Without the burden of financing cost, startups can dedicate more resources to building their business.
Better Utilization of Excess Production or Inventory
Members are able to trade without being constrained by working capital limitation. Members are now able to better utilize the excess production or inventory that will otherwise be wasted.
Social Benefit to the Community
With increased business activity, more employment opportunities will be created, standard of living will improve and communities will flourish.
Effective Strategy to Overcome the Business Cycle
iGENS provides a business platform that is stable, non-inflationary and an effective strategy to overcome the vicious cycle of crisis and depression.
iGENS is Shari’ah compliant meaning that all transactions made is in line with Islamic Principles and riba’ free
iGENS is a Compelling Solution to SME's Working Capital Needs
SME is the backbone of the economy. 98.5% of business establishments in Malaysia are SMEs operating in various sectors including service, manufacturing, construction, agriculture, mining and quarrying. 96% of SME funding comes from interest bearing loans by financial institutions and mainly used as working capital. – Source from SMECorp Malaysia.
iGENS offers a new solution for SMEs to better manage their working capital without the burden of interest.
Members may use iGENS as a platform to connect with like minded individuals, businesses or organizations to share ideas, create business opportunities, enter new markets - the possibilities are endless.
The network allows members to advertise their product and services online and at the same time trade with one another all from the same platform. All our members undergo a review process before being allowed to join the network. This means that you are getting only good quality leads when advertising in the network.
Foundation for secure and reliable data access and storage, increase the level of assurance by relying on industry standards, implementing stringent processes and providing exceptional resilience.
Access your account from your computer, smart phone or any mobile devices. Flexibility to fit how you work or organize your business.