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Islamic crypto exchange community grows with addition of another Bahraini licensed platform

Vineeta Tan - 0
Another Islamic cryptocurrency exchange joins the exclusive circle of fully licensed and operating digital assets exchanges globally, adding another feather to Bahrain’s Islamic fintech...
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Islamic fintech company completes largest seed-funding round in Saudi Arabia

Nessreen Tamano - 0
Local Shariah compliant fintech start-up Tamara, which specializes in buy-now-pay-later e-commerce solutions, has closed the largest seed-funding round in Saudi Arabia amid the Kingdom's...
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Central Bank of Iran paves way for Islamic e-micropayments

Vineeta Tan - 0
Following months of consultation and groundwork, the Central Bank of Iran (CBI) has finally reviewed and approved regulations for electronic wallets in a bid...
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Islamic social cryptos underway as part of Malaysian–Singaporean partnership

Vineeta Tan - 1
Singapore-headquartered Algorand and Kuala Lumpur-based IBF Net will be joining forces to engineer and launch to market a range of blockchain-based solutions including social...
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Islamic fintech and digitization – integral part of Indonesia’s 2021-25 masterplan

Vineeta Tan - 0
The Indonesian financial regulator is preparing to engineer a holistic Islamic financial product ecosystem which includes digitizing Shariah instruments and rolling out new supporting...
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Report

Open banking and debt crowdfunding: Saudi takes action

Vineeta Tan - 0
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,...
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Indonesian Islamic P2P start-up secures US$20 million series A round from healthcare impact fund

Vineeta Tan - 0
Indonesia may be grappling with the economic fallout of a ferocious pandemic, but for some, the unforgiving operating climate has been an opportunity to...
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Report

City Bank executes blockchain Islamic trade finance deal

Vineeta Tan - 0
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...
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Report

Yielders initiates management reshuffling

Vineeta Tan - 0
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...
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Editor's Pick

Indonesia embraces securities crowdfunding as it turns to tech to develop capital markets

Vineeta Tan - 0
Starting 2021 on a productive note, the Indonesian Financial Services Authority, Otoritas Jasa Keuangan (OJK), has officially introduced securities crowdfunding to the Republic as...
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Editor's Pick

Malaysia one step closer to Islamic digital bank dream

Vineeta Tan - 0
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,...
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Editor's Pick

Fintech start-ups new opportunity for commodity Murabahah broker as transaction volume from banks dips

Vineeta Tan - 0
Commodity Murabahah business from traditional Islamic financial institutions may have taken a hit due to the pandemic, but for broker Eiger Trading Advisors, this...
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