MyMy revealed on Monday (April 26, 2021) that it has obtained conditional approval for a large scheme E-money license from Bank Negara Malaysia, the nation’s central bank. The Fintech firm is now planning to launch its digital wallet services in the coming year. Until all… Read More
Fitch Ratings reports that the Islamic banking ecosystem in Oman is expected to continue growing during 2021-2022 after rather strong momentum last year. This, despite the COVID-19 outbreak and historically low oil prices, Fitch Ratings noted. Islamic financing in the MENA region country expanded by… Read More
Qatar’s Islamic or Sharia-compliant Fintech sector is on track to record significant growth in the next 5 years, according to local sources. As digital transformations accelerate Islamic finance ecosystems worldwide, we are happy to share with you the Global Islamic Fintech Report 2021 produced by… Read More
Decentralized blockchain tech platform OneGram announced an agreement with Tabarak Investment Capital Limited to boost investment in its gold-backed, Sharia-compliant digital token, OGC. Tabarak has this opportunity to market/refer a €100 million allotment to their extensive group of clients in the Islamic financial sector. Tabarak is currently refer-marketing… Read More
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