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Samsung-Backed Blocko Partners IsDB to Offer Sharia Compliant Blockchain Lending

The Islamic Development Bank’s (IsDB) research division has collaborated with Blocko, a blockchain technology company, to build a blockchain-powered credit system.   Sharia-compliant Blockchain Lending According to a report by Construction Business News on Tuesday (June 16, 2020) IsDB’s Islamic Research and Training Institute (IRTI) together with Blocko, is developing a blockchain-based credit system for businesses. дальше »

2020-6-17 06:07


Algorand (ALGO) Obtains Sharia-Compliant Status, Welcoming Islamic Institutions On-Board

Broadly speaking, the Western world and the Islamic world are two very different worlds indeed. To operate in the Islamic financial market, companies need to gain a Sharia certification. The Algorand Foundation, a proof-of-stake blockchain, has recently announced that it had achieved just that during a press release on the 21st of October. Algorand was […] дальше »

2019-10-22 17:41


Ethereum Foundation Seeks ‘Moonshot’ Partnership with Gulf Coast Finance Experts

The Ethereum Foundation is working with financial experts to set up Sharia-compliant products in the crypto community. Presently, cryptocurrency trading is banned in Saudi Arabia. The key to keeping the cryptocurrency industry alive over time is to ultimately have support from regions around the world in some way. The Ethereum Foundation is not taking this […] дальше »

2019-7-3 17:09


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. дальше »

2018-11-12 09:40


Stellar Foundation Officially First to Obtain Sharia Certification

Having received the Sharia certification, the Stellar Foundation will be working on developing Sharia-compliant applications using the Stellar technology for Islamic financial institutions. Stellar, the seventh biggest blockchain platform is now the first distributed ledger technology (DLT) to have received a formal Sharia certification. дальше »

2018-7-18 21:35