Dubai Islamic Bank enters Turkiye’s digital banking and fintech scene with...
Dubai Islamic Bank (DIB) has entered the Turkish digital banking and fintech sector with its investment in Technology of Money Group of Companies (T.O.M. Group), the financial arm of retail and...
View ArticleOmani regulator prepares for year-end launch of virtual assets framework
The Capital Market Authority (CMA) of Oman, which regulates and develops the Sultanate's capital market and insurance sector, is finalizing the Virtual Assets Regulatory Framework for its official...
View ArticleSaudi Arabia and Singapore to cooperate on fintech and innovation
The central banks of Saudi Arabia and Singapore have entered into a cooperation agreement to jointly work on the development of their respective fintech sectors, both of which feature a substantial...
View ArticleNew Qatari Islamic BNPL platform prepares for 2024 launch
Qatar may soon welcome PayLater, the first homegrown Buy Now Pay Later (BNPL) platform in the country, in 2024. The post New Qatari Islamic BNPL platform prepares for 2024 launch appeared first on IFN...
View ArticleAEON Bank operationally ready to roll out digital Islamic banking services
Almost one year after being granted a digital Islamic banking license by the Malaysian finance minister, AEON Bank secured approval from Bank Negara Malaysia and the Ministry of Finance for its...
View ArticleSaudi subsidiary of Hong Kong brokerage firm unveils Shariah compliant...
Valuable Capital Financial Company (VCFC), a brokerage firm licensed by the Saudi Capital Market Authority (CMA) and whose parent company is Hong Kong-based online broker Valuable Capital Group, has...
View ArticleTraditional investment channels evolving into hybrid digital platforms, says...
The Islamic fintech and digital investment sectors are rapidly growing, underlining a significant shift in the financial habits and preferences of Islamic investors worldwide. The post Traditional...
View ArticleNew Islamic digital bank to launch in the UAE
ruya, a new digital Islamic community bank, is set to officially launch in the UAE market, aiming to be the first of its kind in the country. The post New Islamic digital bank to launch in the UAE...
View ArticleBank Muamalat Malaysia shifts to cloud-based model
Bank Muamalat Malaysia, one of 16 fully-fledged Islamic banks in the country, has signed a collaboration with Google Cloud that is expected to speed up the bank’s transformation into a digital Islamic...
View ArticleMulti-asset fundraising platform launches inaugural tokenized Islamic offering
Kapital DX, touted as the first initial exchange offering platform in Malaysia, has launched its inaugural product: a tokenized primary offering of a Shariah compliant fixed income product issued by a...
View Article