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Algorand

Algorand is building the technology to power the Future of Finance (FutureFi), the convergence of traditional and decentralized models into a unified system that...

Algorand and partners to launch DeFi platform

Shariah compliant blockchain platform Algorand has entered into a partnership with SkyBridge Capital and NAX to launch UNLOX, an initiative that will launch at-scale...

Islamic charity app receives upgrade to facilitate crypto donations

Singapore-based IBF DigiLabs has overhauled its Shariah compliant charity app in a bid to optimize charitable action using blockchain technology.

IBF Net building virtual education city focusing on Halal economy

IBF Net, the company behind the first Halal metaverse, Netverse, is building a virtual education city as part of its growth strategy.

IBF Net launches Islamic metaverse

IBF Net has unveiled the world's first Shariah compliant metaverse as part of its ambitious efforts to digitalize the Halal economy.

Uzbek Islamic fintech start-up prepares to expand into South Asia as it eyes Islamic banking license

Currently in its final sprint of closing its post-seed round, Uzbekistan-based IMAN confirms that it will be applying for new licenses, including an Islamic banking one, beginning January and is on track to expand into new markets including Pakistan.

WadzPay and Geidea target Muslim pilgrims with blockchain-based digital wallet

A Saudi fintech company and a Dubai-based regional blockchain paymentcompany have joined hands to deploy a digital wallet, designed specifically for Hajj and Umrah, across over one million point-of-sale (POS) terminals throughout Saudi Arabia.

IMAN Invest begins building Islamic DeFi protocol on the back of fresh funding

Uzbek Islamic fintech start-up IMAN Invest is on an aggressive expansion push, preparing to enter new segments, including the Web3 space, as well as to foray into the South Asian market, having secured funding commitments.

IBF Net to launch Halal metaverse by year-end

Blockchain-based firm IBF Net has begun work on building a metaverse, compliant with Shariah teachings, with a view of unveiling it before 2022 ends, IFN Fintech has learned.

Malaysian advisory firm to tokenize Fatwa

Islamic finance and Halal advisory firm Adl Advisory will be tokenizing its Shariah pronouncements using IBF Net’s Credence platform, a sign of the expanding adoption and diversifying utility of blockchain technology within the Islamic finance industry.

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