Monday, December 11, 2023

IFN Fintech

Blockchain payment solutions for pilgrims

INDONESIA: Blockchain-based payment company WadzPay has partnered with the Hajj Fund Management Agency of...

Codebase Technologies to introduce BaaS solutions

EGYPT: Codebase Technologies has partnered with eFinance Investment Group to introduce Banking-as-a-Service (BaaS) solutions...

Eiger becomes carbon-neutral

Eiger Trading Advisors has become fully carbon-neutral, IFN has learned.

Lesha Bank engages Temenos

QATAR: Shariah compliant Lesha Bank has upgraded its banking system to banking software company...

Islamic DeFi wallet integrates crypto exchange functionality

Sahal, the Shariah compliant self-custodial DeFi wallet part of the MRHB ecosystem, has integrated crypto exchange functionality via the LetsExchange API, therefore allowing users to swap cryptocurrencies directly in their wallet without visiting external sites.

Watania Takaful and Shory to jointly explore new digital...

Watania Takaful and insurtech seed fund Shory are “exploring collaboration” on a range of new digital-backed offerings for the UAE.

QIB introduces new app features

QATAR: Qatar Islamic Bank (QIB) has launched new features on its mobile app, including...

Digiwaqf to launch in November

UAE: Blockchain-based cash Waqf platform Digiwaqf is set to launch in mid-November this year,...

MDEC partners with TKBB

GLOBAL: Malaysia Digital Economy Corporation (MDEC) has signed an MoU with the Association of...

SAMA grants license to ReTech

SAUDI ARABIA: The Saudi Central Bank (SAMA) has granted ReTech Reinsurance Brokers Company with...

Ajman Bank courts Codebase Technologies to build superapp

UAE-based Shariah compliant Ajman Bank has partnered with Codebase Technologies to build and launch...

Zain FinTech partners with Al Ansari

UAE: Zain FinTech, the financial services arm of Zain, has signed an MoU with...

IsDBI commences building Smart Stabilization System prototype

Following a meeting with its partners, the Islamic Development Bank Institute (IsDBI) has begun building a prototype for its patent-pending Smart Stabilization System.

Boost and CelcomDigi launches card with Islamic credit facility

Malaysian fintech firm Boost and telecommunications company Celcom have launched a two-in-one card, allowing users to access funds from the Boost digital wallet and utilize a pre-approved Shariah compliant credit line.

Tadhamon Bank goes live with latest version of iMAL

Yemen-based Tadhamon Bank has upgraded its core Islamic banking software to the latest version...

Nomo moves to Canary Wharf

Bank of London and The Middle East (BLME) and its digital bank, Nomo, have relocated to a new office space in Canary Wharf.

Bahrain FinTech Bay reveals new board of directors

Bahrain FinTech Bay (BFB) has appointed a new board of directors, following an acquisition by national payments network BENEFIT.

QIIB engages FynPay to explore digital channels

Qatar International Islamic Bank (QIIB) has signed an MoU with fintech company FynPay to expand its digital channels and geographical footprint as part of the bank’s digital transformation strategy.

Islamic Coin finally debuts token with listings on global...

In the wake of an investigation into potential regulatory breaches in marketing its coins in Dubai, Islamic Coin (ISLM) has continued with its listing plans, listing on two global exchanges.

Islamicly App partners with Waslaah Holding Kuwait

UK-based Islamicly App has partnered with business consultancy firm Waslaah Holding Kuwait.

SAMA authorizes new companies to boost fintech services

Saudi Central Bank (SAMA) has licensed two insurance aggregation companies and a new finance aggregation firm.

Cenomi Retail partners with Tabby

Saudi Arabia's Fawaz Abdulaziz Alhokair & Company (Cenomi Retail) has partnered with Islamic Buy...

Be U launches Visa card

Be U, the digital banking proposition of Bank Islam Malaysia, has launched Be U...

HSBC Malaysia introduces investment account opening service on mobile...

HSBC has launched its investment account opening service on the HSBC Malaysia mobile banking app, allowing HSBC Premier customers to open investment accounts with the bank on a fully digital platform.