MADCash Announced as Finalist at the 7th EFICA Awards by
Abu Dhabi Islamic Bank (ADIB)
Kuala Lumpur, March 17, 2025 – MADCash today announced that the company has been selected as one of the three finalists for the 7th Ethical Finance Innovation Challenge and Awards (EFICA) 2025, hosted by Abu Dhabi Islamic Bank (ADIB) in partnership with the London Stock Exchange Group.
This prestigious recognition highlights MADCash’s commitment to empowering unbanked and underbanked women entrepreneurs through microfinance and financial literacy programs across Malaysia, Singapore, and Tajikistan.
The awards ceremony will take place on April 24, 2025, where the finalists will showcase their projects. The winner of EFICA 2025 will be selected based on audience votes during the gala dinner.
Nuraizah Shamsul Baharin, founder of MADCash, said, “Being top three out of over 150 global applicants feels incredibly humbling and inspiring. It is a validation of the work we do. We are grateful for the acknowledgment of the dedication and impact of our team and the women entrepreneurs we support. We are honored to stand alongside other groundbreaking initiatives that are transforming the future of ethical finance.”
MADCash thanks the judges, EFICA’s advisory board and ADIB for this incredible opportunity.
“Stay tuned as we prepare to showcase our work on April 24 and continue our mission to bridge financial gaps and create greater impact,” Nuraizah concluded.
About MADCash
Kuala Lumpur-based Madcash Sdn. Bhd. is a fintech solutions provider that helps women achieve greater financial security by providing the capital, business, and financial acumen to grow their micro businesses. The Company runs on a proprietary technological platform that allows donors to contribute and see whom their funds are helping at any time.