Islamic Fintech
Wahed Launches Shariah-Compliant Real Estate Fund for US Investors
Wahed, the global Islamic fintech company, has launched the first Shariah-compliant real estate fund in the United States, open to non-accredited investors.
Islamic Fintech
ZIGChain Launches the First Shariah-Compliant On-Chain Yield Platform
ZIGChain, the compliance-driven Layer-1 blockchain, has launched Nawa Finance, its first Shariah-certified yield platform—an institutional-grade attempt to bring transparency, real-world asset backing, and Islamic-finance principles into the often-opaque world of decentralised yield generation. For many users, yield opportunities are either speculative, opaque, or misaligned with their values. Nawa addresses
Islamic Finance
Takadao Raises $3.1M and Launches The LifeCard, a Community-Owned Prepaid Crypto VISA
Riyadh- and Singapore-based web3 startup Takadao has raised a total of US$3.1 million following the close of its US$1.5 million seed round, as it launches The LifeCard, a community-owned prepaid crypto VISA card designed to bridge decentralized finance (DeFi) with everyday spending. The latest round drew
Islamic Banking
Fasset Receives Malaysian License to Operate Stablecoin-Powered 'Islamic Digital Bank'
Fasset, a Dubai and Jakarta-based digital banking platform, has secured a provisional banking license from Malaysia to offer digital banking services under Shariah-compliant regulations. The company said this approval makes it the first Islamic digital bank to operate using stablecoins. The regulatory approval enables Fasset to offer a full suite
Islamic Finance
Fintech Startup Fasset Launches Blockchain to Promote Real-World Asset Ownership
Fasset, a UAE-based fintech platform, has launched IOWN, an Ethereum Layer 2 blockchain dedicated to Real World Asset (RWA) ownership. This development follows Fasset's recent approval of its Credit Token Licence from the Labuan Financial Services Authority (Labuan FSA), the regulator overseeing Labuan IBFC in Malaysia. IOWN – an