Sunday, August 1, 2021
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AIA Malaysia invests in TNG Digital...

AIA Malaysia has formed a long-term strategic partnership with the country’s largest e-wallet company to offer digital insurance and Takaful...

Californian start-up eyeing to launch Islamic...

A Californian start-up is priming itself to offer Shariah compliant checking accounts and Islamic robo-advisory services before the end...

Silkbank expects to grow customer pool...

Pakistan-based Silkbank, which offers Islamic banking services, has selected the Temenos Infinity digital banking platform by Temenos for its...

Nigerian firm to offer digital Islamic...

Nigeria’s UTL Trust Management Services will be offering Shariah compliant estate planning services in a completely virtual manner using...

Palestine looks to Jordan’s fintech development...

The Palestine Monetary Authority (PMA) has taken a step toward the digital transformation of Palestine’s banking sector by reviewing its neighbor Jordan’s financial technology development so far.

Sector-agnostic US–UAE venture fund could open...

A US company has partnered with a Dubai firm to launch a US$100 million Islamic venture debt fund to...

Qintar begins selling tokens

An Islamic blockchain company from MENA has begun the public sale of its digital tokens to support the development...

Wahed Invest broadens portfolio with world’s...

The world’s first Islamic exchange-traded fund (ETF) investing into the Chinese market is now available on Islamic robo advisor...

MoneyFellows eyes domestic and international expansion...

MoneyFellows, an Egyptian fintech company operating a Shariah model, has formed a new partnership with an e-commerce platform to...

Industry stakeholders form consortium to spearhead...

A Malaysian consortium comprising representatives from various industry organizations, the government, academia and civil society has set up a...

Malaysia’s Islamic digital bank race gets...

The race for an Islamic digital banking license in Malaysia has indeed attracted an interesting pool of contenders including...

Shariah banks welcome support in digital...

The global Islamic banking industry has been on the digital transformation route since the Fourth Industrial Revolution began in...

IslamicFinanceGuru closes multimillion investment round to...

Digital Islamic finance platform IslamicFinanceGuru (IFG) has raised GBP3 million (US$4.13 million) which it will use to bolster its...

Bank Islam launches new digital platform

Bank Islam Malaysia has launched e-Mandate, a platform for the collection of recurring payments. The platform will facilitate customers...

ADIB doubles down on digital transformation

Encouraged by the success of its digital initiatives in the first half of 2021, Abu Dhabi Islamic Bank (ADIB)...

UK cements global lead for Islamic...

Kuwaiti-owned Bank of London and The Middle East (BLME) is officially in the digital bank space with its fully...

Gulf Islamic digital banking start-up raises...

REZQ-Baraka, one of several Shariah challenger banks which debuted in the UAE earlier in April, has secured US$20 million...

Bahraini Islamic investment bank goes digital

Venture Capital Bank (VCBank), a fully-fledged Shariah investment bank, is making its move into the digital space with the...