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Sustain Exchange
IFN Fintech - 0
Sustain Exchange creates the necessary ecosystem for Muslims investment in the crypto market, their active participation in the market, and promoting the cooperation of...
Dubai’s VARA courts digital assets exchanges including Shariah compliant platform CoinMENA
Vineeta Tan - 0
Islamic digital asset exchange company CoinMENA has secured a provisional license from Dubai’s Virtual Assets Regulatory Authority (VARA), fueling its regulatory compliance journey.
HashCash to build Islamic crypto exchange for the UAE
Vineeta Tan - 0
An Emirati enterprise has sought the assistance of blockchain developer HashCash to bring a Shariah compliant crypto exchange to the UAE market.
“Building a crypto-trading...
Another contender joins the challenger bank race in the UAE with Islamic neobank ambition
Vineeta Tan - 0
Just as two entities made public their intentions to roll out digital banks in the UAE over the last week, the group behind the Emirates’s first Islamic crypto exchange has also come forward with its plan to launch an Islamic digital bank, heating up the competition.
21Shares to capture Saudi market with Shariah compliant crypto ETPs
Vineeta Tan - 0
Driven by the demand in Saudi Arabia, crypto exchange-traded product (ETP) issuer 21Shares has secured Shariah approvals for two of its ETPs.
XTCC to launch Islamic carbon credit investment suite
XTCC, a blockchain-enabled exchange-traded carbon credit investment provider, is set to launch a suite of Shariah compliant carbon credit investment products this week, Dr Scott Levy, the managing director of Al Waseelah, which is the issuance platform for XTCC’s Islamic offerings, told ISFI, IFN Fintech's sister publication.
Monthly Review: September
Here are the top Islamic fintech stories in September.
New players
Saudi’s Capital Market Authority granted Trh Capital Company and Alhulul AlMubassatah Financial Company with Financial...
Islamic Coin plans September Reg D public token offering
IFN Fintech - 0
Islamic Coin intends to conduct a Reg D public token offering in September 2023, according to an official statement.
IsDBI awaiting patent approval for Smart Stabilization System
IFN Fintech - 0
The Islamic Development Bank Institute (IsDBI) has submitted a patent application for its Smart Stabilization System to the Intellectual Property Office of Singapore (IPOS) as part of its drive to develop fintech solutions for socio-economic development challenges facing IsDB member countries.
A sweet deal: Meezan and Coca-Cola unveil Islamic digital supply chain financing platform
IFN Fintech - 0
Pakistan’s largest Islamic bank Meezan and Coca-Cola Beverages Pakistan have launched a Shariah compliant digital supply chain financing platform in partnership with Islamic B2B fintech company Haball.