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IMAN Invest rolls out funding program to support Uzbek start-ups

The people behind an Uzbek Halal digital investment platform have set up a funding initiative to finance start-ups in the Republic.

IMAN expects BNPL license in March

While securing a buy-now-pay-later (BNPL) license is taking longer than expected, Uzbekistan’s IMAN is nonetheless making good progress on expanding its Islamic fintech business: it has established a joint venture (JV) in Kazakhstan and has secured a place in a Silicon Valley accelerator program.

IMAN Invest begins building Islamic DeFi protocol on the back of fresh funding

Uzbek Islamic fintech start-up IMAN Invest is on an aggressive expansion push, preparing to enter new segments, including the Web3 space, as well as to foray into the South Asian market, having secured funding commitments.

IMAN raising US$3 million post-seed round to support South Asian expansion

Having successfully closed a US$1 million seed round in February, Uzbek Islamic fintech start-up IMAN is now seeking up to US$3 million in investment...


IMAN Invest – is a platform for affordable investment and money management, where anyone from anywhere in the world wants to receive a transparent...

Masraf Al Rayan forms fintech partnership with KARTY

Qatari Islamic bank Masraf Al Rayan (MAR) has signed an MoU with fintech start-up KARTY to jointly deliver Halal digital finance solutions.

Uzbek Islamic fintech start-up prepares to expand into South Asia as it eyes Islamic banking license

Currently in its final sprint of closing its post-seed round, Uzbekistan-based IMAN confirms that it will be applying for new licenses, including an Islamic banking one, beginning January and is on track to expand into new markets including Pakistan.

Islamic fintech in 2022: Survival of the fittest?

Funding faltered. Licenses pulled. Companies shut down. The global fintech scene, including within the Shariah fintech realm, over the last 12 months seemed grim....

AFS widens geographical reach with hub in Egypt  

Bahrain-based Arab Financial Services (AFS), which offers Islamic digital payment solutions, will be expanding its payment technology footprint to Egypt. The firm, owned by 37 financial institutions across the Middle East and Africa, has put together a new team to spearhead the operations of its Egyptian hub.  

AFS and Aafaq Islamic Finance to support fintech start-ups

Bahrain-based Arab Financial Services, backed by 37 financial institutions in the region, has joined hands with UAE-based Aafaq Islamic Finance to support emerging and existing fintech start-ups bring to market new products and services into the Emirate.

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