Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Raqami Islamic Digital Bank has launched as Pakistan’s first fully Islamic digital bank operating entirely on JazzWorld’s Tier III-certified Garaj domestic cloud, setting a benchmark for secure, scalable and regulation-compliant cloud-based financial services.
UAE-based fintech Mal has raised $230 million to build a mobile-first, AI-native Islamic digital bank. Founded in 2025, the Abu Dhabi-based platform targets underbanked communities and plans a 2026 launch, starting in the UAE before expanding across the Middle East and Asia.