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Boost rolls out digital Islamic MSME financing solution

The fintech arm of telecommunications conglomerate Axiata has introduced a Shariah compliant digital finance facility for MSMEs, expanding the pool of Islamic fintech-enabled solutions...

Tajik Islamic fintech company wins ICD’s inaugural Global Finnovation Award

Digital-first Alif Bank is one of the select few to be awarded with the inaugural Global Finnovation Award by the Islamic Corporation for the...

New Islamic neobank to enter US market in December 2021

The US market, which currently only has Fair as its lone challenger bank catering to Muslims in the country, can expect to welcome a...

Central Asian Islamic challenger bank to expand roots into the UK

A Central Asian Islamic challenger bank has the UK on its radar and is moving swiftly to establish its presence in London to capture...

Splitit

Splitit enables e-commerce merchants to offer interest-free monthly installment payments to their customers at the point of sale. Customers do not have to apply...

BNM issues e-money draft rules as e-money usage surges over 130% during pandemic

MALAYSIA: With online payments surging during the pandemic, the Malaysian regulator is taking measures to regulate e-money, including within an Islamic finance context. Malaysians have...

DIFC Fintech Hive goes hybrid; unveils virtual format

DIFC Fintech Hive, the first fintech accelerator in the Middle East, Africa and South Asia region, will adopt a hybrid format this year, removing...

Pakistan’s fintech success spurring new products and bolstering foreign exchange reserves

Pakistan’s 2020 ambitious digital initiative — the Roshan Digital Account (RDA) — to usher in Islamic and conventional investments into the country from its diaspora is exhibiting promising success, spinning off new fintech-enabled instruments.

UAE revs up digital banking engine

With its regional peers all throwing their hats into the fintech ring, the UAE is putting on a solid showing particularly on the digital...

Papitupi Syariah

Papitupi Syariah is a company that provides a non0bank financial service based on the Sharia principles that match lender and borrower for a financing...

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