Apps
A newly launched app called Swaplyst wants to make it easier for people worldwide to trade skills for experience through volunteering, internships, and peer-to-peer exchanges. Founded by Jordanian social entrepreneur Kamel Al Asmar, Swaplyst is a mobile platform that lets people exchange skills, time, and volunteer work for hands-on experience
Innovation & Technology
Maalexi, a B2B food and agri platform based in the UAE, has bagged a Shariah-Compliant credit facility of up to $20 million from Amwal Capital Partners, an independent alternative investment firm, to ramp up operations and advance food security in the UAE and Saudi Arabia. The agreement starts with an
Islamic Finance
Fasset, a UAE-based fintech platform, has launched IOWN, an Ethereum Layer 2 blockchain dedicated to Real World Asset (RWA) ownership. This development follows Fasset's recent approval of its Credit Token Licence from the Labuan Financial Services Authority (Labuan FSA), the regulator overseeing Labuan IBFC in Malaysia. IOWN – an