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BIBF rolls out NFTs providing access to Islamic finance qualifications

Bahrain Institute of Banking and Finance (BIBF) has unveiled eight education-linked non-fungible tokens (NFTs) providing owners access to Islamic finance qualifications.

Islamic challenger bank Alif closes Series A round

Tajik challenger bank Alif Bank has closed a Series A deal with a valuation of US$100 million, making it one of the highest valued start-ups in the Central Asian region.

Californian start-up eyeing to launch Islamic neobanking service by end of 2021

A Californian start-up is priming itself to offer Shariah compliant checking accounts and Islamic robo-advisory services before the end of this year, joining the...

ALIF MOLIYA LLC Shariah compliant medium-term notes

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Alif

Alif was founded in 2014 by Abdullo Kurbanov, Zuhursho Rahmatulloev, and Firdavs Mirzoev shortly after their return to Tajikistan after years of educational and...

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.

Saudi crowdfunding platform to focus on Islamic financing with latest seed round

The thriving Saudi Shariah compliant financing sector can expect to welcome a new player: Funding Souq, a homegrown digital lending platform that has recently closed a successful seed round, which is hoped to support its transition to more Islamic financial transactions.

Uzbek Islamic fintech gets boost for superapp ambitions with successful seed round

Islamic fintech start-up IMAN, headquartered in Muslim-majority Uzbekistan, has successfully closed a US$1 million seed round led by institutional investors based in Singapore and the US.

Boost rolls out digital Islamic MSME financing solution

The fintech arm of telecommunications conglomerate Axiata has introduced a Shariah compliant digital finance facility for MSMEs, expanding the pool of Islamic fintech-enabled solutions...

Tajik Islamic fintech company wins ICD’s inaugural Global Finnovation Award

Digital-first Alif Bank is one of the select few to be awarded with the inaugural Global Finnovation Award by the Islamic Corporation for the...

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