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Qatar Islamic Bank (QIB) has acquired its long-standing partner QPAY International’s acquiring business for an undisclosed amount as the bank continues to build its fintech capabilities.

A buy-now-pay-later (BNPL) platform in Malaysia has secured a Shariah compliance accreditation in a bid to capture the Muslim market.

Hot on the heels of the launch of its Halal mortgage facility, UK-based digital bank Nomo has now rolled out multi-currency accounts in a bid to anchor itself as a borderless bank.

Shariah compliant Ajman Bank is expanding its digital payment services in collaboration with payments-as-a-service (PaaS) platform KMMRCE Pay.

Two Shariah compliant buy-now-pay-later (BNPL) platforms in Pakistan, KalPay and Muawin, have joined hands to complement their respective offerings.

Three Islamic fintech start-ups have won financial grants from Saudi Aramco Entrepreneurship Center (Wa’ed) as part of the Fintech Accelerator Program, an initiative by Saudi regulators.

Fintech and digital commerce solutions provider IOUpay has become the newest player in the thriving Shariah compliant buy-now-pay-later (BNPL) market in Malaysia — the first step in its plan to expand into Southeast Asian countries with large Muslim populations.

Singapore-headquartered buy-now-pay-later (BNPL) platform hoolah will be expanding into new Asian markets this year, thanks to its partnership with payments intelligence platform BridgerPay.

Digital wallet noqodi is powering a social impact-driven mobile app to support charities approved by the Islamic Affairs and Charitable Activities Department (IACAD) in...