Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Saudi’s ICD, Tunisian Firm Join To Develop Blockchain FinTech Solutions

Saudi’s ICD, Tunisian Firm Join To Develop Blockchain FinTech Solutions

Kelly Cromley by Kelly Cromley
Dec 3, 2018
in Market News, News
Reading Time: 2 mins read
0

Saudi Arabia’s Islamic Corporation for Private Sector Development (ICD), an Islamic Development Bank Group’s (IsDB) private sector arm, has signed an investment agreement with the company I-FinTech Solutions (IFTS) in Tunisia to collaborate in the development and implementation of FinTech solutions in Islamic banks worldwide.

The ICD and IFTS partnership involves a pipeline of Fintech products to be developed and implemented mainly to solve liquidity management problems.

RelatedPosts

MovieDOM Reimagines Entertainment with a Decentralized Vision

CDARI and Laika AI Unite to Strengthen Web3 E-Commerce

Funtasy Joins Aptos: A New Era for Blockchain Game Launches

Palmistry Meets Web3: SFT Blockchain Taps AI for Digital Self-Discovery

The first product in the pipeline is a real – time transaction platform that facilitates the transaction of real commodities (serving as a commodity market) and resolves interbank issues between conventional and Islamic banks in accordance with Sharia law. The use of blockchain in this (ALM) product reduces both (i) the total execution time and (ii) the financial and commercial transaction costs. It also deals with the problems and challenges of transparency and traceability of financial transactions.

Ayman Sejiny, CEO of ICD, commented “IT will always play an important role for the financial system. We will consistently pursue our strategy of service orientation and help our partners with innovative Sharia compliant FinTech solutions.”

Mohamed Anouar Gadhoum, CEO-Founder of IFTS, added “we are keen to work with ICD in the Fintech industry to promote the << i-Trade Platform >> and help the banking sector through providing innovative solution to operate and supply better services for the final user and clients”.

ICD

As a member of the Islamic Development Bank (IsDB) Group, the ICD supports economic development and promotes the development of the private sector in its member countries by providing financial facilities and/or investments in accordance with Shariah law. ICD also provides government and private organizations with advice to encourage the creation, expansion and modernization of private enterprises.

IFTS

I-FinTech Solutions is an advisory firm based in Tunisia which offers alternative financial solutions. IFTS ‘ main objective is to empower and support the development and growth of the Islamic finance industry (mainly in Africa) by supporting financial institutions (conventional and Islamic) in setting up innovative technology – based financing instruments.

IFTS provides a variety of services, namely (i) consultancy and advisory services in Islamic finance and financial technology and (ii) executive training in the aforementioned sectors in collaboration with its sister company IIFTI (IFTI).

Previous Post

Google Search For Bitcoin Doubled In November

Next Post

Networking Solutions Firm IPC Partners With Blockchain Firm R3

Related Posts

moviedom reimagines entertainment with a decentralized vision

MovieDOM Reimagines Entertainment with a Decentralized Vision

by Kelly Cromley
May 18, 2025
0

The entertainment landscape is witnessing a major transformation with the launch of MovieDOM, a blockchain-powered platform that promises to revolutionize...

cdari and laika ai unite to strengthen web3 e-commerce

CDARI and Laika AI Unite to Strengthen Web3 E-Commerce

by Kelly Cromley
May 18, 2025
0

CDARI, a Web3 e-commerce platform operating on the AI-powered Layer 2 network Matchain, has officially announced a strategic collaboration with...

funtasy joins aptos: a new era for blockchain game launches

Funtasy Joins Aptos: A New Era for Blockchain Game Launches

by Kelly Cromley
May 18, 2025
0

The Aptos Blockchain ecosystem recently expanded with the integration of Funtasy, a fantasy gaming platform focused on streamlining blockchain game...

palmistry meets web3: sft blockchain taps ai for digital self-discovery

Palmistry Meets Web3: SFT Blockchain Taps AI for Digital Self-Discovery

by Kelly Cromley
May 18, 2025
0

In a recent announcement shared on social media platform X, the SFT Blockchain revealed a strategic alliance with PalmCode, a...

solv protocol launches yield-bearing btc token on avalanche

Solv Protocol Launches Yield-Bearing BTC Token on Avalanche

by Kelly Cromley
May 17, 2025
0

Solv Protocol has taken a major step in expanding the utility of Bitcoin by introducing a yield-generating token—SolvBTC.AVAX—on the Avalanche...

david goyer unveils web3 sci-fi universe ‘emergence’

David Goyer Unveils Web3 Sci-Fi Universe ‘Emergence’

by Kelly Cromley
May 17, 2025
0

Renowned filmmaker David Goyer, best known for his screenwriting work on the Blade trilogy, The Dark Knight, and Apple’s Foundation...

Next Post
Networking Solutions Firm IPC Partners With Blockchain Firm R3

Networking Solutions Firm IPC Partners With Blockchain Firm R3

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • XRP Ledger Embraces Precious Metal-Backed Stablecoins with Meld Gold Partnership

    by Kelly Cromley
    Oct 2, 2024

Recent News

moviedom reimagines entertainment with a decentralized vision
Market News

MovieDOM Reimagines Entertainment with a Decentralized Vision

by Kelly Cromley
May 18, 2025
cdari and laika ai unite to strengthen web3 e-commerce
Market News

CDARI and Laika AI Unite to Strengthen Web3 E-Commerce

by Kelly Cromley
May 18, 2025
funtasy joins aptos: a new era for blockchain game launches
Market News

Funtasy Joins Aptos: A New Era for Blockchain Game Launches

by Kelly Cromley
May 18, 2025
palmistry meets web3: sft blockchain taps ai for digital self-discovery
Market News

Palmistry Meets Web3: SFT Blockchain Taps AI for Digital Self-Discovery

by Kelly Cromley
May 18, 2025
solv protocol launches yield-bearing btc token on avalanche
Market News

Solv Protocol Launches Yield-Bearing BTC Token on Avalanche

by Kelly Cromley
May 17, 2025

Categories

  • Altcoin News
  • Analysis News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market News
  • News
  • Ripple News
  • Solana News

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree