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Saudi Arabia: Sarwa gives up license; new start-up enters market

Robo-adviser Sarwa which expanded into Saudi Arabia January last year has requested the Capital Market Authority to cancel its financial technology experimentation permit which...

Sarwa upgrades infrastructure to support growth strategy

Robo-advisor Sarwa has rolled out Sarwa X, an upgraded version of Sarwa Classic, with enhancements facilitating more efficient funding and investment processes as the...

Sarwa

Sarwa Digital Wealth is a privately owned investment institution. Our aim is to offer customers the simplest and most cost-effective way to invest their...

Malaa Financial Technology obtains fintech permit

The Saudi Capital Market Authority (CMA) has granted Malaa Financial Technology for Securities Business Company with a fintech permit to test robo-advisory services as...

DIFC invests in Islamic fintech

The Dubai International Financial Centre (DIFC) has invested in four fintech start-ups including two which offer Shariah compliant services — remittance platform NOW Money...

IFN Islamic Fintech Landscape recognizes three more start-ups

In the latest revision of the IFN Islamic Fintech Landscape, three entities were included while one was excluded, bringing the total number of fintech...

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