MEDIA CENTER

Tribal Credit launches new Shari’a compliant payments and financing to businesses in the Middle East

Tribal Credit launches new Shari’a compliant payments and financing to businesses in the Middle East

June 2022 | UAE

Tribal Credit has partnered with Shariyah Review Bureau (SRB) to deliver secure, 360° and powerful Shari’a compliant finance solutions  [Dubai], 20 June 2022.- Tribal Credit, a global company from Silicon Valley that provides integrated financial solutions for startups across the Middle East and emerging markets, announced today that it has engaged Shariyah Review Bureau (SRB), […]

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UAE: Postpay secures Sharia approval for its BNPL products

UAE: Postpay secures Sharia approval for its BNPL products

May 2022 | UAE

UAE based payment solution provider Postpay, today announces receiving Sharia certification from Shariyah Review Bureau for three of its ‘Buy Now Pay Later’ (BNPL) payment solutions to its customers. With the increase in online transactions amidst the pandemic, BNPL providers stood to benefit. They are seen as a twofer by both parties; the vendors and […]

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Lamaa achieves Shari’a-certification for its Supply-chain product

Lamaa achieves Shari’a-certification for its Supply-chain product

March 2022 | KSA

KSA based fintech company, Lamaa receives Shari’a approval for its Dynamic Solution – one of the Supply Chain Solution products provided through its technological platform. This is in line with the Saudi’s vision 2030 initiative to support SMEs in the Kingdom with variety of products and solutions.   Sumeet Khutale, the founder and CEO of Lamaa said “We wanted to contribute to achieving the […]

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Mudaraba Financial Company scales up to launch digital sukuk

Mudaraba Financial Company scales up to launch digital sukuk

January 2022 | KSA

Saudi Arabian based Mudaraba Financial company (MFC) announces today of partnering up with Shariyah Review Bureau to ensure all aspects of its digital Mudaraba Sukuk issuance platform meet the requirements of Sharia approval. In line with Saudi Arabia’s regulatory frameworks for the innovation of financial technology (Fintech) in the capital market, the platform automates the […]

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