Swiss Cryptocurrency Firm X8 Bags Islamic Finance Certification

Swiss Cryptocurrency Firm X8 Bags Islamic Finance Certification
фото показано с : btcmanager.com

2018-11-14 22:00

X8 AG, a Swiss financial technology firm has successfully obtained Islamic scholars certification for its fiat and gold-backed cryptocurrency from Shariyah Review Bureau (SRB), an Islamic advisory firm licensed by the central bank of Bahrain, Reuters reports, November 12, 2018.

Plans to Expand into the Middle East Seeing the burgeoning fintech environment in the region, some regulatory bodies and financial. . . Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News.

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Фото:

Switzerland: Cryptocurrency Firm X8 AG Obtains Sharia Compliance Certificate

The Reuters reported on Nov. 12th that X8 AG, a Swiss fintech company received Islamic finance certification for its stablecoin built on the Ethereum blockchain protocol. The firm was certified by the Shariyah Review Bureau (SRB), a respected Sharia consultancy and audit firm with a foothold in 12 countries including a license from Bahrain’s central bank.

2018-11-12 17:59


Swiss Crypto Company Obtains Islamic Finance Certification, Eyes Middle East Expansion

A Swiss based fintech firm has obtained certification from Islamic scholars for its own digital currency which it plans to launch in the Middle East along with business expansion in the region. According to Reuters, X8 AG is among several companies expanding into Sharia-compliant finance in order to tap into the rapidly growing crypto and […] The post Swiss Crypto Company Obtains Islamic Finance Certification, Eyes Middle East Expansion appeared first on Ethereum World News.

2018-11-12 09:40


Blockchain-Powered Islamic Bonds to Fund Microfinance Projects in Indonesia

Indonesian firm Blossom Finance has announced plans to launch blockchain-based sukuk, Islamic bonds, to fund microfinance projects in the Muslim-majority country. Blossom Finance’s “Smart Sukuk” to Automate Issuance of Islamic Bonds The project, to roll out in the coming months, involves using distributed ledger technology to keep issuance costs low while attracting a large pool of retail investors,.

2018-10-28 23:00


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