Tag: Islamic Banking
Arab Financial Services lands $50m investment
Funding: AFS secured a $50 million capital injection, aiming to support expansion and scaling efforts.
Headquarters and Presence:...
UAE challenger Ruya Bank partners Network International for digital payment capabilities
Ruya Bank, the first Islamic digital community bank in the UAE, has signed with Network International for payment...
Kuwait’s Boubyan Bank taps Temenos to modernise its core banking systems
Partnership Announcement: Kuwait-based Boubyan Bank has selected Swiss banking technology vendor Temenos to modernize its core banking systems.
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Oman Arab Bank debuts new direct debit solution
Oman Arab Bank Launches New Direct Debit SolutionProduct Introduction: Oman Arab Bank (OAB) has introduced a direct debit...
Bank Muamalat signs long-term partnership with Backbase for Engagement Banking platform
Partnership and Platform Details:Partnership: Long-term collaboration with Backbase.
Objective: Launch a digital Islamic banking super-app for retail customers.
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Bank Muamalat signs multi-year partnership with Google Cloud to boost digital transformation
Bank Muamalat of Malaysia is collaborating with Google Cloud to accelerate its digital transformation efforts and provide personalized...
Egypt’s Alexbank partners Mastercard to advance payments strategy
Mastercard and Alexbank Partnership:Collaboration Overview:Egypt-based Alexbank has partnered with global payments giant Mastercard to enhance its payment...
Abu Dhabi Islamic Bank digitises cross-border services with ProgressSoft
Abu Dhabi Islamic Bank (ADIB) has partnered with Jordan-based financial solutions provider ProgressSoft to implement the PS-PayHub platform...
Africa and Gulf Bank partners Orion Innovation for Temenos core banking upgrade
Africa and Gulf Bank (AGB) in Sudan has chosen Orion Innovation as its implementation partner for upgrading its...
Raqami Islamic Digital Bank in Pakistan partners Codebase Technologies for Digibanc platform
Raqami Islamic Digital Bank in Pakistan has selected Codebase Technologies to power the launch of its Shariah-compliant digital...
Kurdistan International Islamic Bank taps Azentio for iMAL core banking platform
Partnership Kickstarted:Kurdistan International Islamic Bank (KIB) in Iraq has initiated a digital overhaul by partnering with Azentio...
Aeon Bank given the go-ahead to commence digital banking operations in Malaysia
Aeon Bank Approval:Aeon Bank, based in Kuala Lumpur and formerly known as ACS Digital Berhad (ADB), has...