IFN Fintech

Al Rajhi Takaful has signed an MoU with sirar by stc, a cybersecurity services...

The Saudi Central Bank (SAMA) has granted a license to Manafa, a new fintech company that specializes in Shariah compliant debt-based crowdfunding in the Kingdom.

Public-listed SEDANIA Innovator’s fintech arm, Sedania As Salam Capital, has secured a Shariah compliance accreditation for its As-Sidq digital commodity trading Tawarruq platform.

Shariah compliant savings and investment company National Bonds Corporation has selected Azentio Software’s iMAL, an Islamic banking solution, to enhance National Bonds’s platform, systems and operations.

Qatar Islamic Bank (QIB) has launched the Murabahah-based Easy Payment Plan (EPP) feature on its QIB mobile app, enabling QIB Co-Branded, Revolve and Charge Credit cardholders to convert their transactions into installments.

Banque Saudi Fransi has signed an MoU with Shariah compliant supply chain finance digital platform Lamaa to develop and launch new services targeted at businesses across the supply chain.

Malaysia’s RHB Asset Management (RHBAM) intends to onboard Islamic and ESG-themed funds to its RHBAM MyInvest digital platform.

Bank Negara Malaysia (BNM) is seeking feedback on its exposure draft on the Licensing...

A lion’s share of subscription to Shariah compliant IPOs facilitated by Abu Dhabi Islamic Bank (ADIB) this year has been through its digital app, in line with the bank’s digitalization push.

Hot on the heels of releasing a circular on sustainable finance for the banking industry, Central Bank of Kuwait (CBK) has announced that priority will be given in its regulatory sandbox to test fintech products and services that support the sustainability agenda.

Digital payment start-up Tweeq will be going live, having obtained a license from the Saudi Central Bank (SAMA) to provide e-wallet services.

Islamic fintech financing platform Ta3meed has selected Singapore-headquartered digital banking solution provider Moneythor to implement smart loyalty features in its purchase orders (PO) financing platform in Saudi Arabia.

WahedX, the equity crowdfunding arm of Islamic robo-advisor Wahed, has welcomed Samim Abedi to its investment committee.

Abu Dhabi Islamic Bank (ADIB) and Abu Dhabi Global Market (ADGM) are doubling down on their fintech collaboration under a new formal framework for cooperation and mutual assistance.

Pakistan’s Salam Takaful has engaged Dublin-based insurtech firm Blink Parametric to integrate the latter’s parametric solution across its travel insurance policies.

Shariah compliant ComTech Gold will list on cryptocurrency exchange BitMart on the 10th November 2022

RHB Banking Group, which owns RHB Islamic Bank, has appointed Ryan Teoh as its new group chief strategy and innovation officer effective the 1st November 2022.

Bank Negara Malaysia (BNM) has launched a new campaign to accelerate digital payment adoption among businesses and households by 15% a year and raise e-payment transactions per capita to 400 from 221 by 2026.

The world’s first solution incorporating the concept of Islamic charitable endowment such as the Waqf Private Client Foundation ensures Labuan IBFC’s pole position.

SMEs play a vital role in developed and developing countries and are major contributors...

BackgroundFounded in 1998, DDCAP Group (DDCAP) is an industry-leading market intermediary and financial system...

The country’s move to regulate the Buy Now Pay Later (BNPL) facility has been...

The Saudi Central Bank (SAMA) has awarded a license to smart digital payment company Tiqmo to provide e-wallet services.