Is Blockchain Halal? These Startups Are Transforming Islamic Finance

Islamic financial institutions are increasingly using blockchain technology for complex financing terms, Shariah-compliant transactions and Islamic and sharia-compliant alternatives to conventional insurance. Blockchain can assist in KYC, back-office automation, and underwriting of micro-insurance. Several Islamic Financial Institutions are Trying Blockchain Emirates Islamic was the first Islamic bank to test blockchain. It is part of the UAE’s […]