Mal Opens Its Global Waitlist, Bringing AI-Native Islamic Finance to the World

Mal Opens Its Global Waitlist, Bringing AI-Native Islamic Finance to the World

Abu Dhabi, UAE –9th of September, 2026: Mal, the world’s first AI-native Islamic financial platform, today opened its global waitlist, just three months after receiving its In-Principle Approval (IPA) from the Central Bank of the UAE. Customers joining the waitlist will receive priority access to Mal’s first product releases and exclusive rewards. Once their account […]

QFC and Alrayan Bank Partner to Advance Banking Access, Islamic Finance and Capital Markets

QFC and Alrayan Bank Partner to Advance Banking Access, Islamic Finance and Capital Markets

Doha – Qatar: Qatar Financial Centre (QFC), a leading onshore financial and business center, signed a Memorandum of Understanding (MoU) with AlRayan Bank (Q.P.S.C), one of Qatar’s leading Islamic banks, to enhance banking access for QFC firms and collaborate on strengthening Islamic finance and capital markets in Qatar. Under the MoU, QFC will promote AlRayan as […]

Qatar’s Himyan National Payment Scheme Integrates with Samsung Wallet

Qatar’s Himyan National Payment Scheme Integrates with Samsung Wallet

Doha, Qatar: In line with the Third Financial Sector Strategy and the Third National Development Strategy 2024-2030, Qatar Central Bank announced on Sunday its collaboration with Samsung Gulf Electronics to integrate Himyan, Qatar’s national payment scheme, into Samsung Wallet, enabling eligible cardholders to make fast, secure and contactless payments directly from their compatible Galaxy smartphones […]

Qatar Islamic Insurance Obtains License to Operate in India

Qatar Islamic Insurance Obtains License to Operate in India

Qatar Islamic Insurance Group has received a license from the authorities of the International Financial Services Centre (IFSC) to establish an Indian branch to conduct reinsurance business in Gujarat International Finance Tec-City (GIFT City). The firm is the latest in a long line of re/insurers to establish its presence in GIFT City. The IFSC recently […]

Qatar’s Electronic Payments Surge 40% to QR106.8 Billion in July 2026

Qatar’s Electronic Payments Surge 40% to QR106.8 Billion in July 2026

Doha, Qatar: Qatar’s financial technology sector recorded unprecedented growth in July 2026, driven by a sharp rise in digital account-to-account transfers, rapid adoption of instant payment systems, and steady expansion in point-of-sale transactions. According to official statistics released yesterday by the Qatar Central Bank (QCB), the total value of electronic payment system transactions in the […]

Saudi Arabia Drives IBS Growth as the Middle East’s #1 Provider of Remittance & Exchange Kiosks and Telecom SSM, Generating Millions of Monthly Transactions

Saudi Arabia Drives IBS Growth as the Middle East’s #1 Provider of Remittance & Exchange Kiosks and Telecom SSM, Generating Millions of Monthly Transactions

Infinite Business Solutions (IBS), the Dubai-headquartered FinTech company founded by Jordanian entrepreneurs Ibrahim Darraz and Mohammad Al-Azzeh, continues to strengthen its position as one of the region’s leading digital transformation enablers, powering millions of secure transactions every month across more than 10 countries throughout the Middle East and Africa. With Saudi Arabia representing its largest […]

Dukhan Bank Becomes Qatar’s First Islamic Bank to Go Live on Kinexys by J.P. Morgan’s Blockchain Deposit Account Network

Dukhan Bank Becomes Qatar’s First Islamic Bank to Go Live on Kinexys by J.P. Morgan’s Blockchain Deposit Account Network

Doha, Qatar: Dukhan Bank has gone live on Kinexys by J.P. Morgan’s Blockchain Deposit Account network, making it the first Islamic bank in Qatar to adopt this next-generation payments infrastructure. The implementation marks a significant step in Dukhan Bank’s digital transformation journey, enabling faster, more efficient, and always-on payment services for corporate and institutional clients […]

InvoiceNow Biz F.Z.C. Granted Full eInvoicing Accredited Service Provider (ASP) Status by the UAE Ministry of Finance, Live on the FTA EmaraTax Portal

InvoiceNow Biz F.Z.C. Granted Full eInvoicing Accredited Service Provider (ASP) Status by the UAE Ministry of Finance, Live on the FTA EmaraTax Portal

Ajman Free Zone-based company completes the final stage of the UAE accreditation pathway and goes live on the FTA EmaraTax portal, inviting businesses to begin piloting ahead of the mandatory rollout. InvoiceNow Biz F.Z.C., a UAE-based eInvoicing service provider headquartered in Ajman Free Zone, has been granted full accreditation by the UAE Ministry of Finance […]