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SME digital financier Funding Societies will be expanding its Halal financing portfolio as it doubles down on its Islamic finance business in Malaysia.

Islamic crowdfunding platform ETHIS Malaysia has partnered with Bluedomes Mines to support Shariah-focused start-ups and entrepreneurship in Malaysia.

Islamic robo advisor Shirkah Invest is working on introducing a real estate product this year as it embarks on an aggressive expansion drive.

Versa, a digital cash management app licensed by the Securities Commission Malaysia, has introduced Versa Gold, its first Shariah compliant fund.

Yalla recently launched its new app, expanding its remit to facilitate Halal investments, but IFN Fintech learns that the Nigerian Islamic fintech start-up intends to procure another license to allow it to offer its own Shariah compliant investment portfolios.

Islamic digital financier Manzil has launched a Halal investment platform providing Canadians exposure to Shariah compliant actively managed portfolios.

Amanie Advisors has granted Dubai-based ComTech a Shariah compliance certificate for its ComTech Gold Token (CGO).

Blockchain-based firm IBF Net has begun work on building a metaverse, compliant with Shariah teachings, with a view of unveiling it before 2022 ends, IFN Fintech has learned.