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Green-X, an Islamic ESG digital asset exchange (DAX), has merged with CryptoSX in a bid to develop the world’s largest security token offering (STO) platform.
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.
Newly minted digital supply chain platform TFX Islamic is looking to expand into key Islamic markets, with plans to foray into different segments of...
A Qatar-based fintech start-up and a foreign bank have both expressed interest in setting up Islamic digital operations in the Philippines, where a draft...
Shariah compliant digital banks could be a reality in the Philippines as Bangko Sentral ng Pilipinas (BSP) is set to issue guidelines for digital banks in the...
Valuable Capital Financial Company (VCFC), a brokerage firm licensed by the Saudi Capital Market Authority (CMA) and whose parent company is Hong Kong-based online broker Valuable Capital Group, has officially launched its Shariah compliant trading app, Sahm.
With a population exceeding 100 million, of which 67% are unbanked and underserved, Egypt faces the imperative of formulating a robust financial inclusion strategy centered around the adoption of financial technology.
As urbanization accelerates, the income disparity between urban and rural residents has become one of the common issues in the development stages of many countries. Given the centrality of rural residents’ income to this challenge, it has rightly garnered extensive attention.