Wednesday, May 12, 2021
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GlobalSadaqah welcomes new CEO

Islamic crowdfunding platform GlobalSadaqah has promoted its Malaysian country manager, Ifran Tarmizi, to the role of CEO.

US Islamic neobank secures AAOIFI recognition;...

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has accepted Texas-based Islamic digital banking start-up Fair as a member, lending strength to the Shariah integrity of the start-up which is looking to serve the marginalized communities often overlooked by conventional banks.

Pakistan’s fintech success spurring new products...

Pakistan’s 2020 ambitious digital initiative — the Roshan Digital Account (RDA) — to usher in Islamic and conventional investments into the country from its diaspora is exhibiting promising success, spinning off new fintech-enabled instruments.

KIB: Digital, get set, go!

Kuwait International Bank (KIB) is tackling the digital agenda head-on. The Islamic bank is adopting a digital-first approach and has taken steps to introduce a whole new digital banking experience in the coming months.

A closer look at Kinesis –...

A closer look at Kinesis - the company making Pos Indonesia's digital dream a reality

Iran issues reminder that only domestic...

The Central Bank of Iran has published a statement reminding traders that it only authorizes domestically extracted cryptocurrencies to...

Kuwaiti central bank unveils upgraded app...

Anticipating a surge in money transfers during Eid, the Central Bank of Kuwait (CBK) has joined forces with banks in the country and the Shared Electronic Banking Co, or Knet, to upgrade its Eidity app.

HSBC Malaysia targets digital-savvy investors with...

As investors become more digital-savvy and online investment platforms become more ubiquitous, HSBC Malaysia is also throwing its hat into the ring with a new digital unit trust investment platform allowing customers to invest in Islamic and conventional funds on the go.

New social impact app makes debut...

Digital wallet noqodi is powering a social impact-driven mobile app to support charities approved by the Islamic Affairs and...

HashCash to build Islamic crypto exchange...

An Emirati enterprise has sought the assistance of blockchain developer HashCash to bring a Shariah compliant crypto exchange to...

Codebase Technologies unveils P2P payments solution

Codebase Technologies has launched a social peer-to-peer (P2P) payments and funds transfers solution.

Islamic digital banking start-up Tayyab launches...

Kazakhstan-based Tayyab has launched digital debit cards, bringing it one step closer to realizing its ambition of becoming an...

Maybank’s digital initiatives driving Islamic business

The digitalization strategy of Malaysia’s Maybank is yielding encouraging results, particularly for its Shariah banking portfolio. Like many of its...

Jordan Islamic Bank to launch digital...

Jordan Islamic Bank (JIB) has partnered with information and communications technology company STS to launch Islami Digital, the bank's...

KNEKS drives digitization to further develop...

The National Committee for Islamic Economy and Finance (KNEKS) revealed recently that a digital business ecosystem map of the...

Wealthsimple anchors unicorn status by tripling...

Canada’s digital investment platform Wealthsimple, which offers a Halal portfolio, has secured CA$750 million (US$610.71 million) in funding from...

Wealthsimple’s US exit: Where does it...

Toronto-based Wealthsimple’s decision to divest its US assets may come as surprising to some and strategic to many. Exiting...

KFH unveils digital wallet and shifts...

The largest Islamic bank in Kuwait has rolled out a digital wallet service accessible both through smart watches and...