Wahed Invest, a New York-based firm and the first fintech Islamic Economy startup has raised an additional $8 million this year from existing investors to accelerate development of a global savings solution and international expansion.

Wahed Invest, a New York-based firm and the first fintech Islamic Economy startup has raised an additional $8 million this year from existing investors to accelerate development of a global savings solution and international expansion.
European Union finance ministers are set to discuss a watered down proposal on an EU-wide digital tax, according to a report by Reuters.
Dubai citizens and residents will soon be able to make digital payments for school fees, bills and retail purchases with a stable, digital currency after a partnership between blockchain payment providers and emcredit – Dubai’s Credit Bureau.
Kuwait, as part of its nationwide digital roadmap ‘New Kuwait 2035’, aims to drive the country’s digital innovation market to nearly $988.88 million this year.
Smart Dubai Office (SDO) has launched the ‘Payment Reconciliation and Settlement’ System, which was developed in collaboration with the Dubai Department of Finance as a blockchain-powered upgrade to its financial system.
Abu Dhabi’s Department of Economic Development (ADDED), and Abu Dhabi Global Market (ADGM) have signed a cooperation agreement to provide more integrated support for innovators and technology enterprises.
The Saudi British Bank (SABB) has joined enterprise software firm R3’s global blockchain ecosystem.
ICO Watchdogs Smart Contract Auditing Service Tokengrade, audits smart contracts to ensure it is line with a startups whitepaper, as well as auditing the quality and security of the smart contract itself.
FinTech Abu Dhabi Summit 2018 will go ‘live’ in two more weeks with two full days of activities for fintech start-ups.
Standard Chartered to introduce industry-first end-to-end blockchain-based smart guarantees proposition in trade finance.
GET TAHAWULTECH.COM IN YOUR INBOX