Saturday, July 2, 2022
News FlashIRTI launches Smart Credit Management Platform

IRTI launches Smart Credit Management Platform

The Islamic Research and Training Institute (IRTI) has partnered with Samsung-backed blockchain technology firm Blocko to launch the Smart Credit Management Platform on the 14th June 2020. The credit enhancement system is designed to boost the Islamic finance sector through an incentive mechanism that encourages early repayment and the contribution of fees to an insurance pool that covers involuntary credit defaults.

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