Sunday, July 14, 2024

Hanif Namora

Investree’s Shariah business still up in the air despite...

Despite its recent scandals, including alleged fund misappropriation by its previous CEO and high loan defaults, P2P platform Investree remains optimistic on the Indonesian market as it works on accessing its Series D funding, the start-up told IFN Fintech. Investree’s plan to re-enter the Islamic finance segment, however, remains unknown.

Monthly Review: November

Here are the top Islamic fintech stories in November. Blockchain and cryptocurrency Blockchain-based cash Waqf platform...

Monthly Review: October

Here are the top Islamic fintech stories in October: Alternative finance KadiPay received approval from the...

Monthly Review: September

Here are the top Islamic fintech stories in September. New players Saudi’s Capital Market Authority granted...

Top Islamic fintech stories in August

August was packed with exciting developments as Islamic Coin is gearing up for its...

Aafaq Islamic Finance partners with Network International to drive...

Aafaq Islamic Finance has selected digital commerce enabler Network International to provide end-to-end card processing solutions as part of its digital-first strategy.

Islamic P2P platform ALAMI partners with KNEKS to drive...

ALAMI and Indonesia’s National Committee for Islamic Economy and Finance (KNEKS) have signed an MoU to jointly develop Islamic finance, particularly in the area of Shariah finance literacy.

LBS Urun Dana secures Islamic securities crowdfunding license

The Indonesian Islamic securities crowdfunding space has grown with LBS Urun securing a license from the Indonesian Financial Authority, or Otoritas Jasa Keuangan (OJK), allowing the Shariah fintech start-up to provide alternative financing for SMEs in the form of equity or Sukuk.

Wealthface’s premium account offers Halal trading experience

Following the launch of its robo-advisory services in 2020, UAE investment manager Wealthface has launched a premium trading account for millennials and professional traders in the MENA region and in the US. One of its perks: Halal trading facilitation.

Bank of Abyssinia goes live with iMAL software to...

Ethiopia’s Bank of Abyssinia has gone live with new Islamic banking systems to boost its Islamic banking window operations.