Crypto.com and Dubai Islamic Bank forge alliance [Yahoo! Finance]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Yahoo! Finance
With this alliance, Crypto.com aims to enhance the cryptocurrency experience for more than 100 million global customers. Dubai Islamic Bank chief digital officer Musabbah Al Qaizi said: “This partnership with Crypto.com signifies a transformative milestone for Dubai Islamic Bank as we embrace the forefront of technological advancement in Islamic finance. “By exploring innovative avenues such as tokenized Islamic sukuks and the tokenization of real-world assets, we align with our strategic vision to integrate cutting-edge digital solutions while upholding the principles of Sharia compliance.” The collaboration helps promote the Crypto.com App and Card, create reward-based campaigns for DIB customers, and facilitate cryptocurrency payments through DIB's systems. Additionally, the agreement will support fiat currency funding on the Crypto.com App. Crypto.com UAE operations president Mohammed Al Hakim said: “The partnership represents a unique opportunity for us to bridge the w
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