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Fusang completes Sukuk tokenization PoC
Vineeta Tan - 0
Malaysia-based Fusang Exchange has detokenized its first listed digital sovereign-linked Sukuk, completing a proof-of-concept (PoC) which could pave the way for greater enhancement to the tokenization of institutional Sukuk.
Fusang
IFN Fintech - 0
Fusang is a digital securities exchange connecting brokers and banks on a global scale to private markets and alternative investments. Fusang is built to...
Monthly Review: November
Here are the top Islamic fintech stories in November.
Blockchain and cryptocurrency
Blockchain-based cash Waqf platform Digiwaqf is set to launch in mid-November this year.
Malaysia-based Fusang...
Australian EV tech firm issues Shariah compliant token
Vineeta Tan - 0
Brighsun EV Group, an Australian firm focusing on new energy technology, has issued the 2UT STO token, a Shariah compliant security token also known as RAMZ.
Chinese digital bank plans Sukuk as it eyes a slice of Islamic finance pie
Baxian Private and Investment Bank in May 2021 received formal approval from the Labuan Financial Services Authority (LFSA), the regulator of the Malaysian offshore center Labuan, to operate as a full deposit-taking digital bank offering Shariah compliant services.