Tag: Islamic Banking

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Binance Launches Sharia Earn: An Islamic Banking-Aligned Token

Discover how Binance's new offering caters to Islamic financial principles.Highlights: Binance introduces the Sharia Earn token to comply with Islamic finance principles.The token is...

Offa Expands with Acquisition of UK Islamic Home Finance Portfolio

Offa, a UK-based Sharia-compliant fintech specializing in property finance, has acquired the Bank of Ireland’s Alburaq Islamic home finance portfolio, which includes over...

Arab Financial Services lands $50m investment

Funding: AFS secured a $50 million capital injection, aiming to support expansion and scaling efforts. Headquarters and Presence: Headquartered in Bahrain, with additional...

UAE challenger Ruya Bank partners Network International for digital payment capabilities

Ruya Bank, the first Islamic digital community bank in the UAE, has signed with Network International for payment solutions. The partnership provides Ruya...

Kuwait’s Boubyan Bank taps Temenos to modernise its core banking systems

Partnership Announcement: Kuwait-based Boubyan Bank has selected Swiss banking technology vendor Temenos to modernize its core banking systems. Scope of Modernization: The bank...

Oman Arab Bank debuts new direct debit solution

Oman Arab Bank Launches New Direct Debit SolutionProduct Introduction: Oman Arab Bank (OAB) has introduced a direct debit product to streamline and automate...