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X @CoinDesk
CoinDesk· 2025-11-19 16:10
RT CoinDesk Podcast Network (@CoinDeskPodcast)BLOCKSPACE POD w/ @allenf32 & @harris_irfan: Bitcoin & Islamic Finance, in partnership with @blockspace!"If we do end up using Bitcoin as money, it is overwhelmingly likely that the principles guiding financial intermediation just will be Islamic."We discuss:⚡ Islamic banking = oxymoron⚡ Bitcoin & Islamic Golden Age⚡ Fractional Reserve vs Bitcoin standard👇🇨🇦⤵️ 🍕 ...
X @CoinMarketCap
CoinMarketCap· 2025-10-08 14:23
🚨 CMC News: Malaysia Approves First Islamic Digital Bank Using Stablecoins.🔗 https://t.co/7MXExpavnb https://t.co/Tv0nbwJE9Y ...
Fasset Becomes World’s First Stablecoin-Powered Islamic Bank with Approval in Malaysia
Yahoo Finance· 2025-10-07 10:54
Group 1: Company Overview - Fasset has received approval from Malaysia to launch full-service digital banking services within a regulated Islamic fintech sandbox, making it the world's first stablecoin-powered Islamic digital bank [1] - The platform currently serves over 500,000 users across 125 countries and aims to provide access to Shariah-compliant financial products [2] - Fasset has built a solid foundation in Islamic finance, recording over $6 billion in annualized trading volume, projected to reach $24 billion by 2026 [4] Group 2: Services and Offerings - Fasset is introducing everyday banking services, global investments, and crypto-backed spending options, including a crypto debit card that allows users to spend cryptocurrencies in Visa-supported stores [2][5] - The company plans to provide zero-interest banking products along with access to crypto investment [5] Group 3: Industry Context - The global Islamic finance industry surpassed $5 trillion in assets in 2025, but Shariah-compliant financial products remain largely inaccessible across the pan-Islamic belt [4] - Fasset's expansion comes amid a surge in crypto adoption across Asia, where around 23–24% of people hold or use digital assets, nearly three times the global average [6]