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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...

A precious metals mining and blockchain development company has secured the greenlight to list its gold-backed Shariah compliant security token on Green-X, marking its expansion into the Asian and Middle Eastern markets.

Islamic robo-adviser Wahed has partnered with the Bank of Palestine and the Intersect Innovation Hub to raise a US$5 million fund to invest in start-ups in Palestine.

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.