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Alif Bank appoints new CEO as founding team drives blockchain focus

Tajik Halal challenger bank Alif Bank has named Gulanor Atobek as CEO as the founding team shifts its focus toward building a crypto proposition for the group.

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

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

Milestones and challenges in Egypt’s digital financial technology adoption

With a population exceeding 100 million, of which 67% are unbanked and underserved, Egypt faces the imperative of formulating a robust financial inclusion strategy centered around the adoption of financial technology.

New Qatari Islamic BNPL platform prepares for 2024 launch

Qatar may soon welcome PayLater, the first homegrown Buy Now Pay Later (BNPL) platform in the country, in 2024.

Qatar opens doors to P2P lending with new regulation

Qatar Central Bank (QCB) has issued its regulation on loan-based crowdfunding, paving the way for P2P lenders to enter the market.

ABHI taps Sukuk market to aid Middle East expansion

ABHI, an Islamic fintech company focused on providing payroll and wage solutions for businesses and their employees in Pakistan, has issued Sukuk worth PKR2 billion (US$6.93 million).

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