Tagged: ahmed abdelaal

Dubai International Finance Center and UAE’s Mashreq Bank Are Promoting the Use of a Secure Blockchain-enabled KYC Data Sharing Solution

March 4, 2020 @ 9:01 am By Omar Faridi |

Dubai International Finance Center (DIFC) and Mashreq Bank, the oldest privately-owned bank in the United Arab Emirates (UAE) with over $2.2 billion in annual revenue, are trying to encourage other banks in the Middle East to take part in a blockchain-enabled know-your-customer (KYC) data sharing… Read More

Read more in: Blockchain & Digital Assets, Asia, Fintech, Global | Tagged ahmed abdelaal, deloitte, difc, distributed ledger technology, dlt, dubai international finance center, know your customer, kyc, mashreq bank, norbloc, uae, united arab emirates

Wethaq Completes Pilot of First Fintech Sukuk, Uses R3 Corda

November 20, 2019 @ 1:00 am By JD Alois |

Wethaq Capital has announced that it has issued the first pilot Sukuk on its securities market platform for the Islamic capital markets under the supervision of the Dubai Financial Services Authority (DFSA). Wethaq is operating under an innovation testing license issued by the DFSA. Mohammed… Read More

Read more in: Blockchain & Digital Assets, Featured Headlines, Fintech, Global, Offerings | Tagged ahmed abdelaal, cathy minter, corda, dfsa, dubai, dubai international financial centre, mashreq bank, r3, sukuk, swift, wethaq