Crypto New Media
The Blockchain Startups Transforming Islamic Finance & How They’re Doing It
Crypto New Media Press
Islamic financial institutions are increasingly using blockchain technology for complex financing terms, Shariah-compliant transactions and Islamic and sharia-compliant alternatives to conventional insurance. Blockchain can assist in KYC, back-office automation, and underwriting of micro-insurance. Several Islamic Financial Institutions are Trying Blockchain Emirates Islamic was the first Islamic bank to test blockchain. It is part of the UAE’s […]
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