IFN Fintech

Alliance Bank has signed an MoU with TNG Digital to deliver digital financial solutions...

The Islamic Development Bank Institute (IsDBI) is collaborating with blockchain company SettleMint to develop an algorithm to maintain the stability of assets traded on organized markets, including financial assets or digital currencies.

Financial wellness platform Abhi has acquired a stake in cargo forwarder Universal Network Systems...

Central Bank of Kuwait (CBK) has updated its Instructions for Regulating the Electronic Payment of Funds, first issued in 2018, to include buy-now-pay-later (BNPL) activities.

Banking cloud provider Temenos has signed on as a partner for IFN Asia Forum...

Saudi Arabia's Tahaluf Capital Company has received a Financial Technology Experimental Permit to test...

Malaysian Islamic personal financing digital platform Xanderia is on an expansion spree: after having...

Pakistan's Bank Alfalah is acquiring a 7.2% equity stake in QistBazaar and will also be an embedded lending partner for the e-commerce platform, with a total investment of PKR500 million (US$1.76 million), a Facebook post read.

Qatar Islamic Bank (QIB) has acquired its long-standing partner QPAY International’s acquiring business for an undisclosed amount as the bank continues to build its fintech capabilities.

Pak-Qatar General Takaful (PQGTL) has partnered with Hefazat Technologies to introduce new products and...

UK’s digital bank Nomo has partnered with issuer-processor Paymentology to leverage on the latter’s cloud-based technology to support its payment services.

The Securities and Exchange Commission of Pakistan (SECP) has tasked the Central Depository Company of Pakistan (CDC) to develop and implement a centralized digital onboarding platform to streamline the investment process.

Islamic Coin, HAQQ Association and DDCAP Group have entered an MoU to explore potential collaboration opportunities leveraging on HAQQ’s digital asset platforms on the HAQQ Blockchain and DDCAP’s Shariah compliant ETHOS AFP platform.

Bangladesh's Islamic Finance & Investment (IFIL) has partnered with Nagad, allowing its customers to...

Kinesis Money, a digital asset trading and payment services platform has listed its native gold (KAU) and silver (KAG) digital currencies on Dubai-based Shariah compliant Emirex exchange.

Abu Dhabi Islamic Bank (ADIB) has named Fernando Plaza Lopez as its new chief digital officer to drive its digital agenda including product innovation and development, omnichannel and agile initiatives.

MIS Forward has gained a Fatwa certifying the Shariah integrity of its buy-now-pay-later (BNPL) solution.

UK-based digital bank Nomo has partnered with Abu Dhabi Commercial Bank (ADCB) and Al Hilal Bank to introduce cross-border Shariah compliant digital banking services.

Islamic crowdfunding platform ETHIS Malaysia has partnered with Bluedomes Mines to support Shariah-focused start-ups and entrepreneurship in Malaysia.

Hot on the heels of it receiving a Saudi Central Bank license, Saudi fintech savings platform Hakbah has raised US$2 million in a pre-Series A funding round to fuel its growth in the Kingdom.

Information technology solutions provider Nextbridge has signed up with Pakistan-based Salaam Takaful to offer...

Qatar Central Bank (QCB) has granted fintech firm MyFatoorah Company with a license to...

Rize, the digital bank of Al Rajhi Bank Malaysia, will migrate its IT infrastructure to Amazon Web Services (AWS).

UK fintech firm AGAM International has partnered with microfinance institution SBK Foundation to launch the first Shariah compliant digital microfinance platform in Bangladesh.