Every StartupHub.today article filed under Islamic Finance.
Great news for investors! Jozo, a Saudi platform, just received its Sharia compliance certificate for its fractional real estate ownership platform. This is a big step forward, making digital real estate investment more trustworthy and opening doors for even more people to get involved in the Saudi market.
Tabby, the financial services app, has secured two key licenses from the Saudi Central Bank (SAMA) for consumer and SME financing. This approval empowers Tabby to roll out long-term payment plans for purchases up to SAR 50,000 and provide crucial working capital support for small and medium-sized businesses across Saudi Arabia.
Abdullah Abu Sheikh is making an exciting move from Botim to Maal, where he's set to lead the digital transformation of Islamic banking. His vision is to create comprehensive platforms that bring together finance and technology, reshaping how Islamic banks operate in the digital age.
Rooya Bank is making everyday spending more rewarding with its new Sharia-compliant cashback credit card. This card offers a straightforward 2% return on all purchases, with no minimum spend, turning your daily transactions into instant cash rewards through their easy-to-use digital platform.
