Wednesday, October 21, 2020
Tags Blockchain & Cryptocurrency

Tag: Blockchain & Cryptocurrency

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...

Swiss-affiliated blockchain firm prepares to tap Islamic securitization market with Fatwa

An open-source public blockchain has secured a Fatwa affirming the Shariah integrity of its mechanisms, paving the way for blockchain-based Islamic financial...

Blockchain Sukuk facility delivers 15.5% gross return

Islamic cooperative KSPPS BMT Bina Ummah’s IDR715 million (US$48,671.9) one-year Sukuk Mudarabah facility, issued via Blossom Finance’s SmartSukuk platform, has generated a...

Bursa Malaysia to develop blockchain POC

Bursa Malaysia and Singapore’s fintech technology provider Hashstacs have teamed up to develop a blockchain proof-of-concept (POC) to facilitate the growth of...

Foreign companies keen to set up Islamic digital operations in the Philippines

A Qatar-based fintech start-up and a foreign bank have both expressed interest in setting up Islamic digital operations in the Philippines, where...

Wethaq Capital Markets expects to arrange first Saudi DLT Sukuk this year

Wethaq Capital Markets is gearing up to arrange the pilot digital Sukuk issuance coming out of Saudi Arabia using its distributed ledger technology (DLT) by...

IRTI to develop Waqf blockchain project

IsDB Group member Islamic Research and Training Institute (IRTI) is working on the Ish’had platform, an e-platform which uses blockchain technology to...

SAMA turn to blockchain to inject liquidity into banking sector

The Saudi Arabian Monetary Authority (SAMA) will be using blockchain technology to inject part of SAR50 billion (US$13.3 billion) into the banking...

IRTI launches Smart Credit Management Platform

The Islamic Research and Training Institute (IRTI) has partnered with Samsung-backed blockchain technology firm Blocko to launch the Smart Credit Management Platform...

ICD to attract private crowdfunding operators with joint blockchain initiative with Finterra

In another nod to Islamic social finance instruments and fintech, the private sector arm of the IsDB will be driving blockchain-powered Waqf...

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ADIB eyes robo-advisory

One of the largest Islamic banks in the UAE is exploring robo-advisory offerings as part of its wider digital strategy which has...

Saudi’s e-commerce boom attracting Shariah compliant fintech start-ups

The Saudi government’s aggressive push to develop its e-commerce sector for its cash-rich citizens in a bid to divorce itself from its...

UK’s largest Islamic bank to boost digital offerings

UK’s first Islamic bank will be enhancing its digital offerings, encouraged by the strong uptake in digital channels by its customers.

SIBL first Islamic bank to implement digital onboarding; more to follow

Social Islami Bank (SIBL) has become the first Shariah bank in Bangladesh to enable a fully digital onboarding experience, setting the foundation...