Malaysia’s new digital banks turn to SEDANIA for banking solutions
Malaysian technology firm SEDANIA Innovator has revealed that it is implementing its digital banking platforms for two new digital banking licence awardees…
Islamic Finance
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Islamic Finance
MoneyMatch plans Series B round following digital banking authorisation
Malaysian fintech startup MoneyMatch is planning to raise up to $10m as part of its Series B funding round. The…
Al Rajhi Bank Malaysia taps Thought Machine to launch Islamic digital lender
Al Rajhi Bank Malaysia (ARBM) has selected Thought Machine to power its upcoming digital bank and bolster its position as…
Suriname’s Trustbank Amanah deploys iMAL Islamic core banking platform
Trustbank Suriname, now known as Trustbank Amanah, has deployed Path Solutions’ iMAL Islamic core banking platform following its transformation into…
ADGM, RFI partner to support Islamic fintech
Abu Dhabi Global Market (ADGM) and non-profit organisation Responsible Finance & Investment Foundation (RFI) have teamed up to foster responsible…
Trustbank selects Path Solutions for Islamic core banking platform
Suriname-based Trustbank has selected Path Solutions, a Kuwait-based Islamic software provider, to deploy iMAL Islamic Banking & Investment System as…
Moroccos central bank gives go-ahead to five Islamic banks
Bank Al Maghrib, Moroccos central bank, has given the approval to five companies to set up shariah-compliant banks in the…
Masraf Al Rayan, Barwa Bank and IBQ begin initial merger talks
Qatari lenders Masraf Al Rayan, Barwa Bank and International Bank of Qatar (IBQ) have started initial talks for a merger…