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Bahrain FinTech Bay (BFB) has appointed a new board of directors, following an acquisition by national payments network BENEFIT.

Here are the top Islamic fintech stories in September. New players Saudi’s Capital Market Authority granted Trh Capital Company and Alhulul AlMubassatah Financial Company with Financial...

Saudi Arabia is more than doubling its target for fintech companies as it is on track to achieve its initial goal years ahead of its 2030 deadline, underscoring the Islamic finance giant’s phenomenal progress toward anchoring itself as a global fintech hub.

Pakistan’s Salaam Takaful has partnered with food security start-up Digital Dera to provide parametric-based crop Takaful coverage to smallholder farmers.

August was packed with exciting developments as Islamic Coin is gearing up for its token offering in September while an insurtech in Malaysia debuts...

Maybank Islamic, the largest Islamic bank in Malaysia, has introduced digital Zakat auto debut for its Shariah compliant deposits and investment accounts, said to be the first in the country.

Pakistan’s largest Islamic bank, Meezan Bank, has partnered with Fauree Tech to establish a digital platform for Shariah compliant supply chain finance.

Hot on the heels of it receiving a Saudi Central Bank license, Saudi fintech savings platform Hakbah has raised US$2 million in a pre-Series A funding round to fuel its growth in the Kingdom.

The Saudi Central Bank (SAMA)’s investment into enhancing its payment infrastructure is paying off as it has exceeded the 60% retail e-payment target set by the Financial Sector Development Program (FSDP), latest figures show.