2020-6-5 19:04 |
MoneyGram, a key partner of blockchain giant Ripple, solidifies its presence in the MENA region by forging a partnership with the largest Islamic bank
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According to a Crowdfund Insider report published on September 8, 2019, major Pakistani bank, Faysal Bank Limited (FBL) has partnered with fintech firm, Ripple Inc. to launch a blockchain-powered digital payments solution.
2019-9-9 11:00 | |
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On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran.
2019-4-27 21:31 | |
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CryptoNinjas Khaleeji Commercial Bank (KHCB), a leading Islamic bank in Bahrain, recently announced that it has partnered with Token. io as part of the bank’s preparations to provide open banking services to its clients in compliance with new regulatory requirements.
2019-4-2 20:52 | |
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The Swiss Financial Market Supervisory Authority (FINMA) has recently updated its blacklist. The list includes several companies that are suspected of conducting financial activities that are not legal or regulated.
2019-2-22 06:36 | |
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Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves.
2019-2-8 17:22 | |
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The Islamic Republic of Iran recently launched a gold-backed crypto coin called the Peyman. It has come about due to cooperation between the Ghoghnoos Company and four banks. These four banks are Bank Pasargad, Persian Bank, Bank Mellat, and Bank Melli.
2019-2-1 20:08 | |
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Ripple, the company behind XRP has made yet another massive stride in adoption. One of the largest Islamic banks… The post Giant Islamic Bank now using Ripple for Instant Cross-Border Remittance Service appeared first on Invest In Blockchain.
2019-1-8 22:45 | |
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Islamic financial institutions are increasingly using blockchain technology for complex financing terms, Shariah-compliant transactions and Islamic and sharia-compliant alternatives to conventional insurance.
2019-1-3 10:00 | |
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An agreement has been signed between iFinTech Solutions, a Tunis-based fintech firm, and the Islamic Corporation for the Development of Private Sector (ICD), the private sector arm of Islamic Development Bank Group (IsDB), according to its press release.
2018-12-7 16:26 | |
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Islamic Development Bank Group (IsDB) And iFinTech To Develop New Interbank Blockchain Tools The Islamic Development Bank Group, an important development institution of Saudi Arabia, has recently decided to start a partnership with iFinTech Solutions, a startup company based in Tunisia.
2018-12-4 23:28 | |
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CoinSpeaker First Shariah-compliant Bond Worth $500M Settled on Blockchain by Abu Dhabi Bank Abu Dhabi-based Al Hilal Bank has conducted the first-ever blockchain-based transaction for an Islamic bond called Sukuk worth $500 million.
2018-11-27 17:59 | |
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Al Hilal Bank, a progressive Islamic Bank headquartered in Abu Dhabi has announced the successful completion of an Islamic Sukuk transaction via distributed ledger technology, making it the first Islamic bank to achieve such a feat, according to a local news source, Abu Dhabi City Guide on November 26, 2018.
2018-11-27 12:00 | |
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Abu Dhabi-based Al Hilal Bank has carried out a blockchain-based transaction for an Islamic bond worth $500 million.
2018-11-27 12:00 | |
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Al Hilal Bank says it has conducted the first "sukuk" transaction using blockchain technology.
2018-11-27 01:03 | |
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Ivypay, a cryptocurrency-based payments platform, was launched in Australia on Nov. 19. The service — built by blockchain company Ivy in partnership with Hiveex, a cryptocurrency broker — allows Australians to use digital currencies to pay bills and transfer money directly into their bank accounts.
2018-11-19 15:30 | |
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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.
2018-11-14 22:00 | |
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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 | |
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Following a decision to recognize mining as an industry, the Islamic Republic of Iran is about to legalize the import of mining equipment. Also in The Daily, an executive at a leading Spanish bank insists cryptocurrencies are “perfect” and must be understood; trying to better understand the crypto space, Cyprus has set up a fintech […] The post The Daily: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub appeared first on Bitcoin News.
2018-9-19 11:55 | |
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According to reports out today, the Bahrain Central Bank (CBB) have approved the Stellar. org project as Sharia compliant. This means that under the guise of the CBB, Stellar can carry a Sharia certification that means the project and its entities are approved by Islamic law and that interaction between the Stellar project and the Islamic faith is not forbidden in anyway.
2018-7-31 13:30 | |
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