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Islamic Scholars Approve Swiss-Based Value Preservation Payment Token X8X

X8 AG, a Switzerland-based blockchain technology company and creator of value preservation payment token X8X, has obtained the approval from Islamic scholars in order to be marketed as a Sharia-compliant digital currency. The certification will…
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Blockchain-Powered Islamic Bonds to Fund Microfinance Projects in Indonesia

Indonesian firm Blossom Finance has announced plans to launch blockchain-based sukuk, Islamic bonds, to fund microfinance projects in the Muslim-majority country. Blossom Finance’s “Smart Sukuk” to Automate Issuance of Islamic…