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Kestrl to build PFM offering for Bank Islam’s digital bank

UK-based Islamic fintech start-up Kestrl will be developing and implementing personal finance management (PFM) features for Bank Islam Malaysia’s new digital bank proposition, Be U, broadening Kestrl’s remit from being a consumer app offering into a software-as-a-service provider.

Kestrl

We founded Kestrl on a single idea that people should be able to meet their financial goals in life without having to compromise on...

MAM partners with Arabesque AI to stay on top of the AI game in Islamic banking

Maybank Asset Management (MAM) has launched its Shariah compliant Hyper-Customised Discretionary Portfolio Mandate (DPM) in partnership with Arabesque AI for high-net-worth investors in Malaysia. This mandate leverages the power of artificial intelligence (AI) and advanced data analytics to construct portfolios that align with the principles of Shariah.

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....

World Islamic Fintech Awards 2020: Rainbow after the storm

The year 2020 has been a greatly challenging year for most. Yet despite the unprecedented pressures from the global COVID-19 pandemic, Islamic fintech start-ups...

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