Poor project management
I invested in a container terminal project in 2017. The project is still failing to pay out to investors. Every so often I get an update which is the same message, another meeting took place with no progress. As with any investment; capital is at risk, so my complaint isn’t regarding the financial performance. Rather, it was clear from the beginning that Ethis and the beneficiary of the investment funds are not experienced project management professionals based on their project updates. As such, the writing was on the wall that this investment was going to fail and it has. I invested through Ethis based on their good reviews and based on the brand. I want an ethical and easy halal investment platform available for everyone. Unfortunately my experience has not met the expectations set by the brand and the marketing. A few years ago I did contact their team and I received about 10% of my invested capital at that time. From a customer support perspective they did a good job there. I choose not to use this platform in the future and I’d caution others not to get caught up in the marketing and be aware that capital is at risk.