Islamic Finance

Dubai Charities Can Now Receive Crypto Donations Under IACAD Initiative

Dubai’s Islamic Affairs and Charitable Activities Department (IACAD) has launched a service that enables charities in the emirate to accept donations in cryptocurrencies and other virtual assets. The move, announced Dec. 20, 2025, aims to broaden funding channels and modernize charitable giving.

Fasset Receives Provisional Banking License in Malaysia, Pioneering Stablecoin-Powered Islamic Digital Banking – cover image
Fasset Receives Provisional Banking License in Malaysia, Pioneering Stablecoin-Powered Islamic Digital Banking

Fasset has been granted a provisional banking license in Malaysia, marking the launch of the first stablecoin-powered Islamic digital bank targeting Asia and Africa with innovative Shariah-compliant services and cryptocurrency integrations.