MYTM and AlHuda CIBE Forge Islamic FinTech Partnership

Web DeskMay 8, 2024 01:50 PMbusiness
  • Strategic collaboration to advance innovation in Islamic finance
  • AlHuda CIBE to market and distribute MYTM's FINOVA suite
  • Integration of modern financial technologies with Islamic principles
MYTM and AlHuda CIBE Forge Islamic FinTech PartnershipImage Credits: pakobserver
MYTM and AlHuda CIBE have signed an MoU to revolutionize Islamic finance through innovative FinTech solutions. AlHuda CIBE's expertise in modern financial technologies combined with MYTM's offerings promises a bright future for Islamic FinTech.

MYTM and AlHuda CIBE have recently solidified their collaboration in the realm of Islamic FinTech through the signing of a Memorandum of Understanding (MoU). This strategic partnership, spearheaded by Dr. Sohail Zafar Cheema and Mr. Muhammad Zubair Mughal, signifies a significant step towards advancing innovation and accessibility in Islamic finance.

The signing ceremony, graced by the presence of Dr. Zain Farooq and Jawad Mahmood, marks the beginning of a joint effort to promote cutting-edge FinTech solutions within the Islamic finance sector. AlHuda CIBE, renowned for its comprehensive Islamic finance offerings, will play a pivotal role in marketing and distributing MYTM's FINOVA suite, further enhancing the reach and impact of Islamic FinTech.

AlHuda CIBE's global presence and expertise in areas such as Blockchain, AI, InsurTech, cryptocurrencies, NFTs, CBDCs, RegTech, Metaverse, AR, VR, Robo advisory, and Neo banking position them as a key player in integrating modern financial technologies with Islamic principles.

The partnership between MYTM and AlHuda CIBE holds great promise for the future of Islamic FinTech, offering a blend of tradition and innovation that aims to revolutionize the landscape of Islamic finance worldwide.

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