Tagged: sharia

Blockchain: IOTA Now Sharia Compliant

Blockchain ecosystem IOTA has been recognized as being Shari’a-compliant. According to a note from IOTA, the Cambridge Institute of Islamic Finance’s certification states that the IOTA token fulfills all accepted Shari’a principles and standards, including those practiced by the Islamic financial services industry. IOTA reports… Read More

OneGram Claims First Sharia Compliant Digital Currency, Lists ICO for Over $500 Million

OneGram announced at Consenus this week the world’s first Sharia-compliant, gold-backed digital currency. The company also announced details for its “OGC” token crowdsale which will begin at the onset of Ramadan. The Initial Coin Offer (ICO) will continue for 120 days. OneGram seeks to raise… Read More

Yielders Says Non-Muslims Make Up One Third of Platform Users

Yielders, and Islamic crowdfunding investment property platform, is out with a note saying non-Muslims now make-up over a third of users on the site. Yielders is a UK-based Fintech platform that offers ethical and Sharia compliant property investment through crowdfunding. The company said that a growing… Read More

Islamic Crowdfunding as a Solution for SMEs

The spirit of entrepreneurship has always been a part of Islam. Nine out of ten companions of Prophet Muhammad (pbuh) who were guaranteed heaven were businessmen. Today, entrepreneurs continue to be a driving force of the economy. The lack of financial support for small and… Read More

EThis Targets S$1 Million Raise at Kuala Lumpur’s Global Islamic Finance Forum

Shariah-compliant crowdfunding platform Ethis hopes to raise up to S$ 1 million from executives participating in the Global Islamic Finance Forum (GIFF) being held in Kuala Lumpur May 10-12, 2016. EthisCrowd.com claims the title of the world’s first real estate Islamic crowdfunding platform.  Based in… Read More

P2P Lender Beehive Aided by Clyde & Co’s Islamic Finance Team with Sharia Certification

Clyde & Co, an international law firm operating mainly in the MENA region, states it has advised Beehive on its Sharia certification.  Beehive announced the receipt of its certification earlier this week. The peer to peer lending platform received approval by the Shariyah Review Bureau (SRB). The certification… Read More

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