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Blossom Finance

Blossom makes it easy and profitable to help eliminate poverty by investing in micro-businesses in Indonesia. Blossom crowdsources international capital and invests it into...

Islamic microfinance cooperative issues micro smart Sukuk in world’s first primary Sukuk offering on public blockchain

Breaking new ground and highlighting the trend of digital innovation and social impact finance within Islamic capital markets, BMT Bina Ummah, a Yogyakarta-based Islamic...

Subscription for blockchain Sukuk opens

The private subscription for Indonesia’s sophomore blockchain Sukuk issued using Blossom Finance’s SmartSukuk platform has been opened, IFN has learned. The Sukuk will first...

Sophomore Indonesian micro smart Sukuk in the works

In October 2019, a Yogyakarta-based Islamic microfinance cooperative broke new ground with its primary Sukuk issuance on blockchain using Blossom Finance’s SmartSukuk platform. The...

Islamic fintech in 2020: A silver lining amid coronavirus storm

2020 is tumultuous to say the least. The global economy is kneecapped as countless industries continue to suffer from the ongoing coronavirus shock. As...

Blockchain Sukuk facility delivers 15.5% gross return

Islamic cooperative KSPPS BMT Bina Ummah’s IDR715 million (US$48,671.9) one-year Sukuk Mudarabah facility, issued via Blossom Finance’s SmartSukuk platform, has generated a 15.5% cumulative...

Blockchain Sukuk platform to grow presence in Saudi Arabia and UAE with R3 partnership

A Dubai-based fintech platform has engaged New York’s R3 to engineer an Islamic capital market infrastructure on the blockchain to optimize and facilitate Shariah...

WIFA 2018: Honoring the very best of Islamic fintech

After weeks of a gruelling process involving screening, discussions and deliberations by our independent Awards Board, IFN Fintech is proud to announce the winners...

Silicon Valley institution to tap Muslim market with Shariah compliant blockchain protocol and digital currency

Equipped with Shariah certification, a Silicon Valley non-profit organization will bring its blockchain protocol and digital currency to key Islamic markets, joining the growing...

Blockchain Sukuk: The Smart way of doing it

From banking to remittance and payments, to creating new medium of exchanges, Islamic financial institutions worldwide are exploring ways to apply blockchain technology to...

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