"Sharia-Compliant Blockchain: Redefining Islamic Finance in the Middle East" (Communities - Activities)
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"Sharia-Compliant Blockchain: Redefining Islamic Finance in the Middle East" | |
In the finance sector, blockchain holds immense promise for enhancing efficiency, reducing costs, and improving transparency. Several banks in the Middle East have been exploring blockchain-based solutions for cross-border payments, trade finance, and digital identity management. For instance, the Saudi Arabian Monetary Authority (SAMA) has partnered with Ripple, a blockchain payments company, to pilot instant cross-border payments using blockchain technology. | |
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| Target Nation: All Nations Target City : All Cities Last Update : 23 March 2024 12:26 AM Number of Views: 95 | Item Owner : Blockchain News Middle East Contact Email: (None) Contact Phone: (None) |
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2024-12-22 (0.224 sec)