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Blossom Finance
IFN Fintech - 0
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
Vineeta Tan - 0
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...
Islamic fintech: Alternative financing for SMEs
IFN Fintech - 0
SMEs play a vital role in developed and developing countries and are major contributors to job creation and growth. According to the World Bank,...
Digital Sukuk gaining increasing mainstream attention
Vineeta Tan - 0
A fintech start-up in Saudi Arabia has engaged a Shariah advisor to monitor and certify the Shariah integrity of its automated Sukuk issuance platform,...
Subscription for blockchain Sukuk opens
IFN Fintech - 0
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
Vineeta Tan - 0
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
IFN Fintech - 0
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
Vineeta Tan - 0
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
Vineeta Tan - 0
After weeks of a gruelling process involving screening, discussions and deliberations by our independent Awards Board, IFN Fintech is proud to announce the winners...