Tuesday, July 5, 2022

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Raqamyah is a permitted Peer to Peer (P2P) financing platform by Saudi Arabian Monetary Authority (SAMA) under the Regulatory Sandbox. As a Fintech company,...

Saudi SMEs poised for new Islamic financing options as fintech start-up secures investment

Saudi fintech and peer-to-peer (P2P) lending platform Raqamyah has secured a US$2.3 million investment round that is expected to support its Islamic financing offerings...

Saudi accelerates fintech development with new program

Committed to diversifying its oil-dependent economy through financial services among others, the largest Islamic financial market in the world has rolled out a fintech...

Saudi issues draft regulations on debt-based crowdfunding as number of Islamic fintech companies grows

The Saudi Arabian Monetary Authority (SAMA) has launched draft regulations on debt-based crowdfunding in the Kingdom, now open for public feedback, as part of its efforts...

Saudi P2P financing platform eyes Shariah compliance  

A Saudi peer-to-peer (P2P) funding platform is seeking to secure a Fatwa to anchor itself within the religious-conscious Muslim community of the Kingdom in...

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