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Beyond basic banking: Insha secures seed funding; plans expansion and Islamic investment product debut
Vineeta Tan - 0
After providing basic banking services for the last two years, Germany’s only digital Islamic bank will be rolling out Shariah compliant investment products as...
Insha
IFN Fintech - 0
insha is powered by Albaraka Türk Participation Bank, the pioneer of interest-free banking, and decide to carry out its experience and expertise, gained in...
Sedania As Salam Capital and Wasiyyah Shoppe to launch embedded digital estate planning solution in Q1
Estate planning is a major challenge in Malaysia, with the upper bound of frozen assets in the country estimated at RM90 billion (US$19.36 billion). ISFI, the sister publication of IFN Fintech, spoke to Ariffin Sabirin, the founder of Wasiyyah Shoppe, and Khairul Nisa Ismail, CEO of Sedania As Salam Capital, about how they are collaborating to address the estate planning challenge for Muslims with the Hibah instrument.
AEON’s Islamic digital bank to incorporate carbon emission considerations in credit scoring methodology
ACS Digital is looking to use carbon scoring as part of its credit rating methodology, according to Raja Teh Maimunah Raja Abdul Aziz, CEO of the AEON Financial Service-led Islamic digital bank.
Paysabil
IFN Fintech - 0
Use PaySabil to give Sadaqah to our Mosques and charities that are badly in need of assistance to provide food and other related materials...
Kazakh Islamic fintech start-up to expand into Turkiye
Vineeta Tan - 0
Kazakhstan-based Tayyab has signed an agreement with fintech venture builder Insha Ventures, a subsidiary of participation bank Albaraka Turk, to launch its business in Turkiye this year, IFN Fintech has learned.
AAOIFI gives preliminary green light to Islamic crowdfunding rules
Vineeta Tan - 0
GLOBAL: AAOIFI has approved in principle the governance standard on Islamic crowdfunding, the first of several planned fintech-related frameworks from the global standard-setting body.
The...
Saudi entities form consortium to set up Islamic digital bank
Vineeta Tan - 0
A consortium of Saudi commercial entities are banding together to set up a fully-fledged digital Islamic bank, one of the first in the region,...
Interview: MISL eyes international expansion
Vineeta Tan - 0
With over two decades in the business of banking and finance technology, Millennium Information Solution (MISL) has built a reputation in the Islamic finance space, scaling...
Saudi Arabia readies itself for virtual banks with new regulations
Vineeta Tan - 0
Preparing to usher the Kingdom’s banking sector into the digital era, Saudi Arabian Monetary Authority has issued new regulations for digital banks amid efforts...