Friday 15 November 2024
 
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Shariah

ila Bank launches ‘alburaq' Islamic banking experience in Bahrain

Bank ABC’s retail arm ila Bank has launched Bahrain’s exclusively digital, Shari’a-compliant banking offering for individual customers, ‘alburaq.’    This Islamic banking experi

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Nomo launches multi-currency accounts and card

Nomo, a fully digital Sharia-compliant cross-border bank, has launched new multi-currency accounts, allowing customers to hold, spend and send their money in 6 different currencies – GBP, USD, EUR, KWD, AED and SR. The new a

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Madkhol gets Shariah certification for services from SRB

Madkhol, a Saudi based technology platform that provides robo-advisory investment services, has announced receiving Shariah certification for its platform and investment activities from Shariyah Review Bureau (SRB). The platform p

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Malaa gets Shari’ah certification for investment platform

Malaa Technology (Malaa) a Saudi based fintech, has received Shariah certification for its platform that provides financial planning and wealth management services to its customers. Shariyah Review Bureau (SRB) has been engaged on

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Geneva’s BlueBox enlists SRB to oversee new tech fund

Geneva-based BlueBox Asset Management has partnered with Bahrain’s Shariyah Review Bureau (SRB) to oversee the  structuring and sharia complaint investments of its newly launched Islamic Global Technology Fund. The Blue

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Islamic Coin gains Fatwa from leading global Muslim scholars

Islamic Coin (ISLM), the Shariah-compliant digital currency has gained a Fatwa (legal ruling or endosrsement) issued by the world's leading Muslim authorities.    The edict was led by Sheikh Dr Nizam Moh

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Al Salam Bank's shariah unit wins key ISO certification

Bahrain-based Al Salam Bank has announced that its internal shari’a audit department has received the ISO 9001:2015 certification on Quality Management Systems from Lloyd’s Register Quality Assurance, accredited by the United Kingd

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Dubai fintech company gets key shariah certification

Stake, a Dubai-based fintech and real estate investment platform, has announced that it has become the first in the industry to be awarded a shariah certification.    Also known as a Fatwa, the certification

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Dubai fintech company gets key shariah certification

Stake, a Dubai-based fintech and real estate investment platform, has announced that it has become the first in the industry to be awarded a shariah certification.    Also known as a Fatwa, the certification

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Pandemic sheds light on Shariah-based investments

The current Covid-19 pandemic and its economic consequences have shed light on new market services that leverage the digital transformation shaping new economic models; gold, in particular, said a new report. Deloitte’s Isla

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