Sedania Launches Islamic Financial Marketplace


Sedania As Salam Capital Sdn Bhd, a wholly-owned subsidiary of Sedania Innovator Berhad, has announced the launch, an Islamic online marketplace. The online marketplace facilitates the customer’s Islamic financial needs through a personalised profile check with approval and disbursements. According to their media statement, the new portal offers a range of Islamic personal financing products and Islamic credit cards. Commenting on the launch of Assidq, Nisa Ismail, CEO of Sedania As Salam Capital Sdn Bhd said, “We have a unique offering in Malaysia. There is a growing demand for…

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Wahed is the 1st Shariah Robo-Advisor in Malaysia


American-based Wahed Invest halal robo-advisory platform announced today that they have successfully obtained regulatory approval from the Securities Commission Malaysia to offer digital investment management services in Malaysia. The approval Malaysia Security Commision Chairman, Syed Zaid said, this approval would further facilitate the growth of local fintech landscape. “Today, Malaysia has three licensed and fully operational robo-advisors — namely StashAway, MyTHEO and Wahed Inc. We continue to see strong interest in this space and will pursue to facilitate its growth,” he said in his opening address at the SCxSC Fintech…

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The First Shariah Super App Banking Launched in Indonesia


PermataBank launched for the first time Islamic banking services on a digital platform that complements PermataMobile X to become The First Sharia Mobile Banking Super App. The newest product from PermataBank with full innovations and features to answer all the needs of modern society in order to undergo banking activities. The launching of PermataMobile X for Sharia Banking was opened by Ridha DM Wirakusumah – President Director of PermataBank. Also present as speakers were Herwin Bustaman – Director of the Sharia Business Unit and Abdy D. Salimin – Director of…

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Malaysia Interested to have Islamic Digital Bank


As one of the largest market of Islamic Finance, Malaysia Interested to have Islamic Digital Bank. Several fintech start-ups are eyeing an Islamic digital banking license to operate in one of the most sophisticated Shariah finance jurisdictions in the world, as the regulator prepares to release its virtual banking guidance before the year ends. At least one-fifth of the parties interested in setting up a mobile-only bank in Malaysia would build their business on a Shariah proposition, IFN Fintech has learned. Bank Negara Malaysia (BNM) is expected to unveil its…

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Indonesia are ready to bring Islamic fintech agenda with new digital platforms

Indonesia fintech

President of Indonesia Joko Widodo, inform that Indonesia are ready to bring Islamic fintech agenda with new digital platforms. He announced that he will lead a dedicated national islamic finance committe which has identified the Halal digital economy as a strategic pillar of its robust strategy to become a force to be reckoned with in the global islamic finance sphere. Launched 2 years ago, Indonesia’s National Islamic Finance Committee (KNKS) purpose is to ensure the Republic is positioning as an international Islamic Finance hub, rivaling neighboring Malaysia. At first, their…

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Maishince Appoint Partner for Nigeria Market

Maishince Nigeria Partner

On 28-Aug, Maishince Exchange had agreed to appoint Mr AbulFathi Ibrahim as Maishince’s partner in Nigeria to expand the market there. He is currently are Doctoral Candidate at IIUM (Islamic International Univeristy of Malaysia) in Kuala Lumpur and his doctoral research also related to the Cryptocurrency and Blockchain. Nigeria is the emerging country. Based on population, it’s ranked 7th in the world with around 200 million population. It is ranked as the 27th-largest economy in the world in terms of nominal GDP, and the 22nd-largest in terms of purchasing power parity. It…

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1st April remarks a new day for MAISHINCE as this is the day for traders to start trading in the Most Attractive Trading Platform. For traders who completed registration and KYC in platform are able to enjoy the lowest transaction fee, as low as 0.1% for limited time period. As port of the promotions, FREE EMI Coin also will be distributed to early traders. Don’t miss the opportunity for this exciting future of cryptocurrency. REGISTER NOW and trade your cryptocurrency in Our Trading Platform. For more info and registration, visit…

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Cryptocurrency With Shariah Compliance?

Cryptocurrency captured vast intention from Muslim’s scholar as either can be use as future currency or is it legit to invest. There Muslim world have mixed views and arguments regarding how cryptocurrency may comply with Shariah law. Lot’s of concern has been raised as Shariah law emphasis on real trade activity based on physical assets. As a starter, this digital currency is more on speculation rather than supply and demand. But how scholars interpret the cryptocurrency trade depends on the understanding and purpose itself. Dr Ziyaad Mahomed, Associate Dean of…

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Appointment of Shariah Compliance Advisory

29 JAN – Maishince Capital Sdn Bhd signed an agreement with Amanie Advisors Sdn Bhd to appoint Amanie as Maishince`s Shariah Supervisory Board. Amanie Advisors will assist Maishince on Shariah Structuring, Review and Endorsement for Maishince Exchange Platform. Maishince Capital President, Mohammad Hafiz Bashah said, “Our commitment to fulfill all requirements. This trading platform will boost the trading of cryptocurrency not just in Muslim`s country but all over the world”. “Until now, most of Muslim crypto player still have doubt in cryptocurrency business. This technology of blockchain is the future…

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