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Malaysian Islamic fintech aspirant partners with Ant International to boost sustainable finance for MSMEs

Capital A, formerly known as AirAsia Group, has collaborated with Ant International through its digital arm to explore synergies in digital payments and MSME fintech solutions.

Boost and CelcomDigi launches card with Islamic credit facility

Malaysian fintech firm Boost and telecommunications company Celcom have launched a two-in-one card, allowing users to access funds from the Boost digital wallet and utilize a pre-approved Shariah compliant credit line.

SAMA authorizes new companies to boost fintech services

Saudi Central Bank (SAMA) has licensed two insurance aggregation companies and a new finance aggregation firm.

SC unveils new Islamic fintech initiative to boost Shariah capital market

The Securities Commission Malaysia (SC) has launched FIKRA ACE, a three-year initiative built upon its FIKRA Islamic fintech accelerator program, to enhance the Islamic capital market ecosystem.

Gilded obtains Fatwa for gold product to boost MENA expansion

UAE-based Gilded, a gold digital investment platform, has secured a Shariah compliance certification for its investment offering to strengthen its proposition and reach in the MENA region.

Emirates NBD seeking fintech partner to boost risk management capabilities

Emirates NBD, the parent group of Emirates Islamic, is seeking fintech companies to enhance its risk management and cyber security models.

UAE unveils new program to boost digital transformation with issuance of digital currency

The Central Bank of the UAE (CBUAE) has launched a new program to accelerate digital transformation in the financial services sector, with initiatives of...

ADCB engages Islamic fintech start-up FlexxPay to boost digital offering

One of the largest banks in the UAE has partnered with FlexxPay to provide Shariah compliant on-demand pay services to companies in the Emirates.

Open Banking Lab boosts Saudi fintech firms

Fintech firms in Saudi Arabia are set to get a boost in new business opportunities as the Saudi Central Bank (SAMA) announced the launch of a new open banking services lab to allow businesses to test out their products against an established framework.

Islamic BNPLs collaborate to boost MSME digital financing in Pakistan

Two Shariah compliant buy-now-pay-later (BNPL) platforms in Pakistan, KalPay and Muawin, have joined hands to complement their respective offerings.

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