IFN Fintech

Rize, Al Rajhi Bank Malaysia's launched Islamic digital bank, has partnered with charity platform Incitement.

Investment management firm Makassb Company has been granted the Financial Technology Experimental Permit (FinTech ExPermit) by the Capital Market Authority (CMA) of Saudi Arabia to test its investment and real estate distribution platform.

Qatar Islamic Bank (QIB) has partnered with Mastercard to launch its new QIB SoftPOS...

Malaysia's Finworld Technology has signed an MoU with Multimedia University (MMU) to provide a...

Riyad Bank has gone live with the Zakat, Tax and Customs Authority (ZATCA) integration for e-invoicing, deploying the SunTec Xelerate platform by SunTec Business Solutions.

Bursa Malaysia has launched a universal connectivity solution providing coverage across over 900 data centers in 32 countries across Asia, Europe and the US, in a bid to enhance its visibility to the global market.

The Saudi Capital Market Authority has granted Tarmeez Capital with a fintech experimentation permit to test its offering and investment on the debt instruments platform.

Islamic buy-now-pay-later (BNPL) platform KalPay has signed an MoU with education finance specialist Taleem Finance Company to extend education-focused easy payment plans.

IsDB Chairman Dr Mohammed Al-Jasser has held a meeting with Saudi Arabia’s Governor of...

Islamic digital microfinance platform Tamam has partnered with Tarabut Gateway to access open banking services.

Pakistan's Kistpay, an Islamic smartphone financing platform, has partnered with Zindgi, a digital bank,...

UK-based Islamic digital bank Nomo has unveiled a mortgage alternative designed for clients in the Middle East seeking to acquire properties in the UK, to capture GCC investment flows into the UK, a preferred real estate destination for Shariah investors.

Hot on the heels of debt crowdfunding platforms Forus and Tameed receiving their regulatory licenses, Raqamyah also obtained a full license from the Saudi Central Bank (SAMA) to serve the Kingdom’s SMEs.

Qatar Islamic Bank (QIB) has partnered with China-based UnionPay International to enable the latter’s...

Pakistan’s Kistpay has entered into a partnership with mobile operator Jazz to offer a...

Malaysia’s largest telecommunications company CelcomDigi and MBSB Bank will explore opportunities in end-to-end smart Islamic digital banking solutions and cloud infrastructure technology, among others, as part of the Islamic bank’s strategy to future-proof its business amid greater competition.

After successfully testing their solutions in Saudi Central Bank (SAMA)’s Regulatory Sandbox, debt crowdfunding platforms Forus and Tameed have been granted regulatory licenses to operate in the Kingdom.

Following the success of its central bank digital currency (CBDC) project with the UAE Central Bank back in 2019, the Saudi Central Bank (SAMA) has confirmed that it is currently working on domestic wholesale CBDC use cases in close collaboration with local banks and fintech companies.

Islamic robo-advisor Wahed has inaugurated its first-ever physical branch in Central London, a strong signal of its commitment to the UK market as it seeks to deepen its European presence.

Stablecoin yield optimiser, ZaynFi, has raised a US$600,000 funding led by UK-based Islamic Finance Guru’s venture investing arm Cur8 Capital, as well as an unnamed global venture capital fund, it announced on Twitter.

Bank Islam Malaysia has unveiled a gig economy marketplace on its digital bank platform BeU, confirmed Aleph Labs, the creative engineering company behind the BeU brand.

One of the largest banks in the UAE has partnered with FlexxPay to provide Shariah compliant on-demand pay services to companies in the Emirates.

NCC Bank has signed an agreement with software company Millennium Information Solution for the...

Mohamed Khalid Ateeq, the general manager of Shariah compliant crypto exchange Rain, has been appointed to the advisory board of Bahrain FinTech Bay, a fintech hub located in Manama.