Image Courtesy: Shutterstock

Islamic Finance

Blade Labs’ ZeroH platform receives Shariah certification for digital Islamic finance services


Blade Labs’ embedded Islamic finance platform, ZeroH, has received a formal Shariah pronouncement from the Amanie Shariah Supervisory Board, validating its asset tokenisation and smart contract framework for use in compliant financial products and transactions.

The fatwa confirms that ZeroH’s technology meets Shariah requirements by ensuring the correct sequencing of financial steps. The ruling covers multiple contract types, including murabahah, commodity murabahah, musharakah, and ijarah.

This fatwa validates what we've built at our core—infrastructure that addresses the fundamental compliance challenge Islamic finance has faced for decades,"said Sami Mian, CEO of Blade Labs. 

ZeroH offers automated processing of Islamic finance transactions, using programmatic controls to verify compliance at each step. Its smart contracts are immutable and integrate directly into existing financial infrastructure, allowing institutions to streamline operations while maintaining full Shariah compliance.

The platform operates under the Shariah principle of ujrah (fee-for-service). It will serve as the foundation for the forthcoming ZeroH Network, a blockchain-powered system that connects financial institutions through verified transaction workflows across various Islamic financial products.

ZeroH’s approval comes at a time when financial institutions are seeking scalable, technology-enabled solutions to address operational challenges in delivering Islamic financial products. The platform is backed by annual Shariah audits and aims to reduce risk, accelerate approvals, and improve efficiency for compliant financing.


tags:

GCC
Islamic finance
Author Profile Image
Muhammad Ali Bandial