The Central Bank of Saudi Arabia (SAMA) has finalized regulations for debt crowdfunding activities following a six-month market consultation period initiated in July 2020,...
City Bank, in partnership with the International Islamic Trade Finance Corporation (ITFC), has executed a Shariah compliant cross-border letter of credit (LC) transaction, becoming...
The UK’s first regulated Islamic crowdfunding platform has overhauled its management lineup with its founding CEO stepping down after five and a half years...
Starting 2021 on a productive note, the Indonesian Financial Services Authority, Otoritas Jasa Keuangan (OJK), has officially introduced securities crowdfunding to the Republic as...
Joining its regional peers, Bank Negara Malaysia (BNM) has finally entered the challenger banking race with its long-awaited digital banking regulations.
The new licensing framework,...
Commodity Murabahah business from traditional Islamic financial institutions may have taken a hit due to the pandemic, but for broker Eiger Trading Advisors, this...
Malaysia’s stock exchange this month completed a bond on blockchain proof-of-concept (POC). IFN Fintech has learned that the bourse is interested to potentially execute...
Looking to strengthen its place in the Tanzanian Islamic finance marketplace, SSC Capital is looking to roll out another Shariah compliant product to bridge...
Oman’s Capital Market Authority (CMA) is exploring new fintech initiatives including implementing distributed ledger technology for the Takaful and insurance sector as well as...
SMEs in Egypt will soon have access to Shariah compliant digital trade financing thanks to an African fintech start-up expanding into the North African...
Ithmaar Bank has enhanced its cybersecurity architecture with a digital risk protection solution in a bid to protect its customers and the general public...