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Beyond Brexit, UK Islamic fintechs face persistent longstanding industry challenges | Salaam Gateway – Global Islamic Economy Gateway

UK Islamic fintech companies are unlikely to be significantly impacted by Brexit but face more inherent challenges, various stakeholders told Salaam Gateway. Funding for growth remains a key issue. According to the Global Islamic Fintech report 2019, respondents identified the lack of access to capital as the biggest barrier to scaling for Islamic fintechs worldwide.

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Islamic crowdfunding platform launches in the UK

An Islamic crowdfunding platform has launched in the UK, providing Shariah-compliant finance to small- and medium-sized enterprises (SMEs). Salaam Gateway reported that Qardus, which is an appointed representative of Financial Conduct Authority-regulated ShareIn, provides unsecured loans of up to £100,000 in the form of a commodity murabahah, an Islamic financing structure in which the seller and…

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ACY Securities Rolls Out New Swap-Free Islamic Account | Finance Magnates

ACY Securities, the award-winning FinTech based ASIC-regulated broker headquartered in Sydney, has rolled out its new swap-free Islamic account as part of its worldwide release today. The launch of the new swap-free Islamic account is in line with the broker’s MENA region expansion strategy as it positions itself as a strong contender for Islamic traders…

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The Best Trade Every NBA Team Can Actually Make This Offseason

0 of 30 Despite this offseason’s talent-deficient and cash-strapped free-agency period, NBA teams aren’t just going to give up on trying to improve themselves. So the upside to what could be an uneventful set of signings is that trades, which are even more fun, could spike.

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Roma Open the Season with Scoreless Draw Against Verona

With the change in seasons only days away, it was only right that Roma were turning over a new leaf in this match. Limited by multiple pending transfers, Paulo Fonseca had to dig deep into his bag of tricks today to even field a starting eleven. With Edin Dzeko seated on the bench waiting for…

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The Banker’s Top Islamic Financial Institutions – 2019

The Banker’s 2019 Top Islamic Financial Institutions ranking shows evidence of strong global asset growth, with the sector putting the issues of the past behind it. Beyond the headline figure, however, interesting trends are discernible in the individual regions covered by the survey.

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