Umma Finance - search results

UK-based Islamic digital banking start-up Ummah Finance has appointed Mufti Faraz Adam as a Shariah advisor. Mufti Faraz advises companies such as National Zakat...

Ummah Finance, a UK-based digital Islamic banking start-up, has appointed international professional services firm Gateway as its advisor. The appointment, by way of retainer,...

Breaking new ground and highlighting the trend of digital innovation and social impact finance within Islamic capital markets, BMT Bina Ummah, a Yogyakarta-based Islamic...

Currently in its final sprint of closing its post-seed round, Uzbekistan-based IMAN confirms that it will be applying for new licenses, including an Islamic banking one, beginning January and is on track to expand into new markets including Pakistan.

Brighsun EV Group, an Australian firm focusing on new energy technology, has issued the 2UT STO token, a Shariah compliant security token also known as RAMZ.

Malaysia-based Fusang Exchange has detokenized its first listed digital sovereign-linked Sukuk, completing a proof-of-concept (PoC) which could pave the way for greater enhancement to the tokenization of institutional Sukuk.

Digital services company MY EG Services (MYEG), the concessionaire for Malaysia’s Electronic Government Multimedia Super Corridor flagship application, issued RM300 million (US$64.12 million)-worth of sustainability Sukuk in August 2023 to fund a blockchain project.

Sheikh Bandar Mohammed Saoud Al-Thani, the governor of the Qatar Central Bank (QCB), has launched the National FinTech Strategy of the Sultanate for the year 2023, which is expected to boost the country's wider fintech sector.

The world’s first solution incorporating the concept of Islamic charitable endowment such as the Waqf Private Client Foundation ensures Labuan IBFC’s pole position.