CoinMENA to capture Islamic opportunities in digital assets

Bahrain based CoinMENA has announced that it has appointed Shariyah Review Bureau (“SRB”) as an outsourcing facility to manage and supervise the Sharia certification and Sharia audit services for its digital asset platform.

CoinMENA was created to help investors at both the retail and institutional level identify business opportunities for digital assets like Bitcoin, Ethereum and Ripple that meets the investor’s own standards around long-lasting returns. “Getting certified as Sharia-compliant is another milestone in CoinMENA’s dedication to client excellence and becoming the leading blockchain and digital assets company in the MENA region”, said Dina Sam’an, Co-Founder & COO of CoinMENA.

CoinMENA will provide its clients with an advanced platform that allows them to buy, sell and hold digital assets that are diversified and Sharia-compliant. Dina added, “Seeking the Sharia certification and working with the Shariyah Review Bureau, which has extensive experience working with fintech firms, allows us to increase our focus on the private Islamic investors’ space by offering them a universe of stable Sharia-compliant digital assets with the potential of growth and low volatility.”