Friday, January 22, 2021
Tags Blockchain & Cryptocurrency

Tag: Blockchain & Cryptocurrency

City Bank executes blockchain Islamic trade finance deal

City Bank, in partnership with the International Islamic Trade Finance Corporation (ITFC), has executed a Shariah compliant cross-border letter of credit (LC) transaction, becoming...

Bursa Malaysia keen to explore blockchain Sukuk

Malaysia’s stock exchange this month completed a bond on blockchain proof-of-concept (POC). IFN Fintech has learned that the bourse is interested to potentially execute...

Oman’s CMA plans Islamic crowdfunding platform and Takaful blockchain project

Oman’s Capital Market Authority (CMA) is exploring new fintech initiatives including implementing distributed ledger technology for the Takaful and insurance sector as well as...

GCC central bank digital currency pilot project a success; lays foundation for blockchain payment ecosystem

The central banks of Saudi Arabia and the UAE have concluded their years-long pioneering cryptocurrency project and deemed it a success, offering a proof...

Pakistan takes digital asset lead

Pakistan is taking the digital asset lead in South Asia, making its position clear in a regulatory consultation paper, as the Islamic Republic intends...

Saudi fintech to roll out Islamic real estate investment platform; eyes Dubai license

Just a month after it has secured a Fatwa certifying its public blockchain is Shariah compliant, Tezos Gulf will be facilitating a Riyadh-headquartered fintech...

Ripple opens office in DIFC

Ripple, a US-based fintech firm with Islamic solutions, has opened a regional office at the Dubai International Financial Centre (DIFC). “Ripple already has a significant client...

RootAnt unveils blockchain platform

Singapore-headquartered RootAnt has launched a multitier finance platform powered by distributed ledger technology as the fintech company makes its move to tap the Halal...

Ballooning inflation makes cryptocurrencies ever so appealing to Iranians

With the local rial losing its value and an increasingly difficult environment to do cross-border business due to persisting economic embargoes, the Iranian government...

Sophomore Indonesian micro smart Sukuk in the works

In October 2019, a Yogyakarta-based Islamic microfinance cooperative broke new ground with its primary Sukuk issuance on blockchain using Blossom Finance’s SmartSukuk platform. The...

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