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The thriving Saudi Shariah compliant financing sector can expect to welcome a new player: Funding Souq, a homegrown digital lending platform that has recently closed a successful seed round, which is hoped to support its transition to more Islamic financial transactions.
Marhaba Network (MRHB DeFi) is keeping busy raising funds, listing its token and preparing to roll out a new product.
Pakistan-based Abhi, which offers Shariah compliant digital financial services, has raised US$17 million in Series A funding, bringing its valuation to US$90 million.
High-growth technology companies across the GCC region can expect a boost in capital funding with the launch of SHUAA Capital’s latest Shariah compliant fund, SHUAA Venture Partners.
Buy-now-pay-later (BNPL) platform Tabby has secured a Fatwa certifying the Shariah compliance of its solution in Saudi Arabia.
An Islamic crowdfunding platform and a Halal payment gateway have joined hands in a partnership ensuring end-to-end Shariah social financing. GlobalSadaqah, operated by Ethis...
In the short two months since the Bahraini regulator released draft rules on insurance aggregators, the Kingdom’s apex bank has extended an e-broker license...