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Iraq Islamic Bank (IIB), the country's first Islamic bank established in 1992, has partnered with global investment company MSA Novo to support Iraqi start-ups and contribute to the development of Iraq's digital landscape.
Digital investment platform thndr has raised US$20 million in Series A funding which it will use to support its MENA expansion plans and product development pipeline.
An Egyptian mortgage financier has rolled out what it claims to be Egypt’s first digital non-bank mortgage finance mobile application which provides an Ijarah digital solution, expanding the Islamic fintech solutions universe for the North African nation.