Harness fintech in zakat and waqf, says Sultan Nazrin
The Sultan of Perak has called on Shariah scholars to embrace new technology in overall Islamic finance and to envisage how “fintech” might be harnessed to revolutionise zakat and waqf…
IFSB names 3 Gulf organisations as members
The Council of the Islamic Financial Services Board (IFSB) has given membership to eight organisations from across the globe including two from the UAE (Abu Dhabi Global Market and Tiybr…
UAE, Saudi working on digital currency for cross-border deals
The United Arab Emirates is working with Saudi Arabia's central bank to issue a digital currency that would be accepted in cross-border transactions between the two countries, UAE central bank governor Mubarak…