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A group of international investors, led by the World Bank Group’s International Finance Corporation (IFC), has poured US$50 million in Series B funding into...

KadiPay has received approval from the Saudi Central Bank (SAMA) to provide buy-now-pay-later (BNPL) solutions, bringing the number of authorized BNPL service providers in the Kingdom to six.

Kuwait International Bank (KIB) has joined the Visa Ready for Fintech Enablement program as part of its strategy to provide fintech companies and traditional...

Islamic investment group SEDCO Holding has launched a financial management program to support entrepreneurs in the tech and innovation space, deepening its involvement in...

Rize, Al Rajhi Bank Malaysia's launched Islamic digital bank, has partnered with charity platform Incitement.

Guided by the twin pillars of digital and value-based intermediation (VBI), Malaysia’s Hong Leong Islamic Bank (HLISB) has partnered with fintech start-ups to roll out a new social finance program.

Bank Negara Malaysia (BNM) and Securities Commission Malaysia (SC) have awarded the inaugural Impact Challenge Prize to Indonesia’s duithape and Malaysia-based Pod and concurrently presented Islamic fintech entrepreneur Umar Abdullah Mahmud Munshi with the Impact Challenge Prize

UK Halal investment platform Maydan Capital has partnered with Saudi Aramco Entrepreneurship Center’s Wa’ed Ventures to channel Shariah compliant investments into ethical Saudi fintech start-ups.

Investors — both conventional and Islamic — are warming up to Halal crypto-based projects as evident by more related Shariah fintech start-ups winning investments, a sign that is likely to be a boon for the Islamic fintech sector.