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Islamic BNPL Tamara secures US$250 million financing

Islamic fintech start-up Tamara is yet another Saudi start-up which has captured the interest of global investors evident by its latest funding round.

Islamic BNPL start-up Tamara expands to the UAE

Buy-now-pay-later (BNPL) company Tamara has expanded beyond its home market of Saudi Arabia into the UAE, as the Islamic fintech start-up doubles down on...

Islamic fintech start-up Tamara closes largest Series A round in MENA

After closing the largest seed round in Saudi Arabia earlier this year, buy-now-pay-later (BNPL) platform Tamara is flexing its financial muscles again, with a...

Tamara

Tamara is a Saudi-based buy-now-pay-later platform. It allows merchants to provide buy-now-pay-later services to their clients thereby improving their customer experience and promoting easier...

Monthly Review: November

Here are the top Islamic fintech stories in November. Blockchain and cryptocurrency Blockchain-based cash Waqf platform Digiwaqf is set to launch in mid-November this year. Malaysia-based Fusang...

Fintech in Saudi: How is the Kingdom faring?

Efforts from Saudi Arabia, one of the largest Islamic finance markets in the world, to nurture its fintech potential are paying off, as the Kingdom witnessed the number of fintech companies almost doubling, and funding into fintech companies growing by 11% this year.

Islamic fintech in 2022: Survival of the fittest?

Funding faltered. Licenses pulled. Companies shut down. The global fintech scene, including within the Shariah fintech realm, over the last 12 months seemed grim....

LDUN secures Fatwa for Islamic BNPL offering

LDUN is joining the growing community of Islamic buy-now-pay-later (BNPL) platforms in Saudi Arabia as analysts expect the BNPL sector to grow over 81% this year.

Muslim lifestyle app TheNoor partners with Split to offer Islamic BNPL

Malaysia-based Split, a Shariah-certified buy-now-pay-later (BNPL) fintech provider, has onboarded Muslim lifestyle app TheNoor, offering the latter’s 2.2 million customers access to Riba-free point-of-sale financing for e-commerce transactions.

Split invests in Shariah compliance to appeal to Malaysian market

Already home to a handful of non-interest buy-now-pay-later (BNPL) fintech start-ups, Malaysia has now welcomed its first officially Shariah-certified BNPL platform.

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