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Kore.ai partners with Mashreq Bank

Mashreq Bank, which offers Shariah banking services through Mashreq Al Islami, has partnered with artificial intelligence software company Kore.ai which will provide the bank...

SHUAA carves out stand-alone fintech business to capture affluent millennial and digital-savvy investors

Asset management company SHUAA Capital is gunning to capture the digital-savvy millennial and affluent investors of the Middle East. To do so, it has...

Company Spotlight: Themar

We shine the spotlight on Themar, a Shariah compliant peer-to-peer (P2P) lending platform seeking a group lending license from the Saudi Central Bank (SAMA). “We...

hoolah expands Asian footprint with BridgerPay partnership

Singapore-headquartered buy-now-pay-later (BNPL) platform hoolah will be expanding into new Asian markets this year, thanks to its partnership with payments intelligence platform BridgerPay.

Bahraini Islamic banks accelerate Islamic fintech transformation

After a surprisingly profitable year buoyed by a prudent strategy and innovative measures during unprecedented pandemic-triggered disruptions, Khaleeji Commercial Bank (KHCB) is channeling resources...

Fintech unicorn Wealthsimple debuts Canada’s first Islamic ETF

Canadian fintech unicorn Wealthsimple has launched an Islamic exchange-traded fund (ETF), its first, underscoring the digital wealth manager’s commitment to Islamic finance. The Toronto-based robo-advisor,...

US Islamic neobank secures AAOIFI recognition; inches closer to public launch

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has accepted Texas-based Islamic digital banking start-up Fair as a member, lending strength to the Shariah integrity of the start-up which is looking to serve the marginalized communities often overlooked by conventional banks.

KNEKS drives digitization to further develop Indonesia’s Islamic economy

The National Committee for Islamic Economy and Finance (KNEKS) revealed recently that a digital business ecosystem map of the Islamic economic and financial data...

Goolive

Goolive appears as a digital platform that aims to synergise the agricultural world and all its potential to produce high quality agricultural product that...

Indonesia’s postal service takes Islamic fintech route

State-owned Pos Indonesia is diversifying into financial services and has picked an Islamic fintech route to do so.

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