In recent months, the problem of conforming the Shariah financial system with digital currencies has found a solution that suits everyone – at least, that’s what growing support for the Islamic Coin p...
Tag: Islamic
Islamic Fintech Startup Wahed Opens Physical Office in UK
Wahed has a plan to help its customers grow their funds in the most Sharia-compliant way. American financial technology and service provider, Wahed has extended its global reach with a newly opened of...
Islamic fintech Wahed opens physical bank branch in London
Islamic fintech startup Wahed has opened its first physical branch on Baker Street in London. The glossy retail location is designed to look like an Apple store. Wahed An investing platform backed by ...
Without Women, Afghanistan Has No Future
In December 2022, the Taliban, the de facto authority in Afghanistan, banned women from public and private universities until further notice. Reportedly, this decision was partly due to female student...
ADIB Islamic Bank obtained the e-Marketplace Champion Award
Abu Dhabi Islamic Bank (ADIB) has received the e-marketplace Champion Award. In recognition of digital adoption excellence from blockchain-based e-Marketplace TradeAssets. Leading Islamic financial in...
Blockchain-based e-Marketplace TradeAssets Awards Abu Dhabi Islamic Bank (ADIB)
Abu Dhabi Islamic Bank (ADIB) has received the e-marketplace Champion Award. In recognition of digital adoption excellence from blockchain-based e-Marketplace TradeAssets. Leading Islamic financial in...
Caiz Development Is Working on a Crypto Platform for Islamic Followers
German fintech firm Caiz Development is working to establish a new Sharia-compliant crypto and blockchain enterprise that will allow unbanked or underbanked people in the Middle East take advantage of...
Islamic Coin Claims it Will Scale Like Bitcoin and Hit $1 Trillion in Value
Islamic Coin (ISLM) is an emerging cryptocurrency that complies with the rules of Shariah. The founders of the coin have made a wild claim. Their Muslim-focused asset could scale like Bitcoin (BTC) an...
Shariah-Compliant Islamic Coin Welcomes His Highness Sheikh Juma bin Maktoum Al Maktoum of Dubai Ruling Family to Advisory Board
– Advertisement – Dubai Ruling Family member, His Highness Sheikh Juma bin Maktoum Al Maktoum has joined Shariah-compliant and ethics-first crypto Islamic Coin. His Highness Sheikh Juma bi...
Saudi Arabia, GCC demand Netflix remove content that ‘violates Islamic values’
Jakub Porzycki | Nurphoto | Getty Images Saudi Arabia and five other Gulf Arab countries issued a joint statement demanding that Netflix remove content they say “violates Islamic and societal va...
Islamic State Resort to NFTs to Propagate Terroristic Information – crypto.news
According to former top U.S. intelligence authorities, the first known non-fungible token produced and distributed by a terrorist sympathiser was a straightforward virtual card applauding Islamist fig...
Islamic State tests NFTs for recruitment and financing
Listen to this article. An Islamic State sympathizer has posted a series of NFTs spreading messages of support for the terror group, sparking concerns from security analysts of a potential resurrectio...
Shariah-Compliant Islamic Coin Raises $200m, Beating All Records in 2022
Shariah-compliant Islamic Coin has secured $200M during its private sale from international private buyers. The crypto, targeting the world’s 2 billion Muslim population and ethics-first crypto adopte...
Islamic Coin Gets Fatwa From Muslim Scholars, Launches Private Sale
Islamic Coin (ISLM) is a Shariah-compliant digital currency. The coin has just got itself a Fatwa, from Muslim authorities. Translated from Arabic, a Fatwa is an “opinion.” It is usually given in resp...
Top GCC Banker Hussein Al Meeza Joins Islamic Coin Executive Board
Top financier and banker Hussein Al Meeza has joined Islamic Coin – the Shariah-compliant cryptocurrency launched in the UAE. Having been named Best Islamic Banking Personality in 2006, Mr. Al Meeza i...
DeFi Platform Marhaba Taps $3 Trillion Islamic Finance Sector With Halal-Compliant NFTs
Marhaba DeFi Network (MRHB), a Muslim-focused ethical decentralized finance platform, has launched what it is calling the “world’s first” certifications for non-fungible tokens (NFTs) that are complia...
DeFi Platform Marhaba Looks to Tap $3 Trillion Islamic Economy With Halal-Certified NFTs
Marhaba DeFi Network (MRHB), a Muslim-focused “ethical” decentralized finance platform, has introduced what it is calling the “world’s first” certification for non-fungible tokens (NFTs) that are comp...
MENA Islamic Banking & Finance Summit 2022 Going to Take Place This March in Dubai
The global Islamic finance industry has expanded 10% to 12% in 2021-2022. The expansion of Islamic banking and Islamic financial assets in the Middle East region along with Malaysia and Turkey has bee...
Islamic Scholar Says Digital Currency is Not a ‘Fictitious Currency’ – Emerging Markets Bitcoin News
An Islamic scholar, Irshad Ahmad Ijaz, has asserted that digital currency is not fake currency and that it should be legitimized once certain conditions are met. Ijaz’s viewpoint is echoed by other sc...
Islamic Organization In Indonesia Issues New Decrees Against Cryptocurrencies That Could Shape Usage In The Country ⋆ ZyCrypto
Advertisement     Cryptocurrencies have been declared haram by the Tarjih Council and the Central Executive Tajdid of Muhammadiyah. The Islamic group claimed that cryp...
Cryptocurrency is haram, Indonesian Islamic Organization
TL;DR Breakdown Islamic group says crypto is haram. Group gives two primary reasons why crypto use is forbidden for Muslims. Govt. position clear on crypto, maintains crypto is legal in Indonesia. The...
Another Islamic Organization Issues Fatwa Against Cryptocurrencies in Indonesia
Tarjih Muhammadiyah is the third Islamic organization to issue a fatwa against the use of cryptocurrencies in Indonesia. Cryptocurrencies аnd Fatwas According to a report by CNBC Indonesia, the Tarjih...
World’s Largest Islamic Country, Indonesia Forbids Crypto Trading
It doesn’t come as a surprise to many as Islamic societies are known to label cryptocurrency trading as a form of “Haram”. Many Islamic organisations in the past have condemned the trading of digital ...
Indonesian Islamic organization issues new fatwa against crypto use
The Tarjih Council and the Central Executive Tajdid of Muhammadiyah, one of the largest non-government Islamic organizations in Indonesia, issued a new fatwa against cryptocurrency use, deeming it har...