Image Courtesy: Islamicly

Islamic Finance

Islamicly collaborates to offer Shariah-compliant solutions for fintechs, banks

Islamicly, a startup specializing in Shariah-compliant investments has announced a strategic partnership with Waslaah Holding Kuwait, to provide tech solutions and certification services. 

Waslaah Holding Kuwait is an advisory entity for investors and small and medium-sized enterprises (SMEs) in the GCC.

In a LinkedIn post, Islamicly revealed that the partnership is designed to facilitate the development and adoption of technology-driven, Shariah-compliant solutions for the financial industry.

One of the primary objectives is to offer real-time information on the Shariah compliance status of globally listed stocks, thereby opening up global equity markets to Islamic retail investors.

"This collaboration is a testament to our commitment to providing innovative, tech-driven solutions for fintechs and banks looking for tech-based Shariah-compliant solutions and certification," Islamicly App stated in the LinkedIn post.