Wednesday, February 24, 2021

Iran Fara Bourse eyes blockchain Sukuk...

Iran Fara Bourse (IFB), which operates under the supervision of the Securities and Exchange Organization and is one of...

Going cashless: Saudi rolls out national...

The world’s largest Islamic financial market has unveiled a national payment system in a bid to elevate itself to...

Bank Islam: Digital transformation in pursuit...

In preparation to becoming Malaysia’s first public-listed Islamic bank, Bank Islam Malaysia (BIMB) is sparing no effort and has...

IAP forms ECF alliance to serve...

With stringent compliance criteria preventing it from serving high-growth start-ups and young businesses, Islamic multibank investment platform IAP Integrated...

Codebase Technologies forges alliance with Union...

Hot on the heels of its alliance with London-based Payment Components, Codebase Technologies (CBT) has forged another partnership amid...

Saudi SMEs poised for new Islamic...

Saudi fintech and peer-to-peer (P2P) lending platform Raqamyah has secured a US$2.3 million investment round that is expected to...

FlexxPay closes US$3 million funding round

Following a string of successful Islamic fintech funding deals, Islamic alternative finance company FlexxPay has raised US$3 million in...

Bank Islam’s partnership with digital app...

As the Islamic finance industry becomes even more competitive driven by fintech, incumbent financial institutions are compelled to become...

Codebase Technologies to launch 11 cloud-based...

Digital solutions provider Codebase Technologies (CBT) is targeting to launch at least 11 software as a service (SaaS) propositions...

Saudi entities form consortium to set...

A consortium of Saudi commercial entities are banding together to set up a fully-fledged digital Islamic bank, one of...

QIB boosts corporate banking digital capabilities

Qatar Islamic Bank (QIB) has rolled out another digital product targeting its corporate clients as it works toward fully...

New commodity Murabahah platform enters the...

The world’s largest interdealer broker is making its presence felt in the Islamic finance world through its subsidiary Tullett...

Evolving market dynamics lead to surprising...

A UAE-based regional financial product comparison platform has seen a surge in Takaful takeup on its platform, signaling a...

Codebase Technologies expands open banking capabilities

Open banking solutions provider Codebase Technologies, which services the Islamic banking industry, is expanding its payment capabilities by partnering...

Saudi start-up to scale up fintech...

Saudi start-up FOODICS, a provider of cloud-based point-of-sale and restaurant management systems, has secured a Series B funding round...

Duha Syariah and Cashlez to provide...

Online Shariah financing platform Duha Syariah has partnered with payment gateway Cashlez to bring digital Islamic financing to SMEs. Under...

Full of Zeal: Canadian Islamic trading...

Islamic digital trading platform The Zeal will be introducing ethical, social and governance (ESG) screenings in the weeks to...

SYME wins Shariah approval for Inventory...

UK-based [email protected] Capital (SYME) has finally secured Shariah authorization for its Inventory Monetisation Platform as it prepares to conclude...