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BankDhofar partners with Ripple

BankDhofar, which offers Islamic banking services through its Maisarah Islamic Banking window, has partnered with blockchain solutions provider Ripple to drive real-time payments into India.

Ripple opens office in DIFC

Ripple, a US-based fintech firm with Islamic solutions, has opened a regional office at the Dubai International Financial Centre (DIFC). “Ripple already has a significant client...

Ripple

Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company

Faysal Bank partners with Ripple for payments solution

Faysal Bank, one of Pakistan’s largest Islamic banking branch networks, has partnered with US-based fintech firm Ripple to launch a blockchain-powered digital payments solution. FBL...

Iran approves crypto payments

With the local rial taking a severe beating as sanctions continue to pressure the country, Iran has approved the use of cryptocurrencies for payments. The...

CoinMENA rolls out in the GCC

Less than two months since it secured a license, CoinMENA has officially launched in five GCC nations, expanding Shariah compliant crypto-asset trading in the...

Islamic crypto exchange community grows with addition of another Bahraini licensed platform

Another Islamic cryptocurrency exchange joins the exclusive circle of fully licensed and operating digital assets exchanges globally, adding another feather to Bahrain’s Islamic fintech...

Make it Rain: Islamic crypto exchange secures license and US$2.5 million seed funding

Three years since taking its first step toward becoming a regulated entity, Shariah compliant Rain has become the first digital currency exchange in the...

Saudi Arabian central bank first in the region to implement blockchain

Saudi Arabia is here to stay. Shortly after the Kingdom’s Capital Markets Authority launched its Fintech Lab, the Islamic finance leader is now adopting...

RAKBANK to expand remittance footprint with blockchain technology

RAKBANK has launched instant remittance services to Axis Bank in India using blockchain technology, leveraging on Ripple’s global network, RippleNet, which has over 100...

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