back Back

FinTech platform FLOOSS wins Sharia-compliant status

By Delisha Fernandes

March 22, 2024

  • Financial Services
  • fintech MENA
  • Fintech news
Share

FloossFLOOSS, a FinTech platform, has announced its status as a fully Sharia-compliant platform, setting new standards in the industry.

The FinTech platform, known for shaping Bahrain’s financial technology landscape, is committed to innovation, customer-centricity, and upholding the principles of Sharia finance to foster financial inclusion and contribute to the economy of the Kingdom of Bahrain.

“We are thrilled to announce that FLOOSS is now a fully Sharia-compliant platform. Our vision extends beyond financial freedom; it is about fostering real connections and creating a lasting impact in the lives of our community,” said Fawaz Ghazal, CEO at FLOOSS.

With an unwavering commitment to customer satisfaction, FLOOSS has consistently evolved to meet the ever-changing needs of its esteemed customers. By placing customers at the core of its operations, the FinTech platform has embraced a forward-thinking approach, driving continuous improvement and innovation.

At FLOOSS, customers have always been the driving force behind the financial offerings. Now, with the completion of FLOOSS’s efforts to obtain Sharia compliance certification, the platform aims to establish a deeper connection with the community it serves, while upholding the values it represents.

Recognizing the diverse needs of its users, the FinTech company understands the importance of providing financial services that align with its ideologies. Through its cutting-edge technological advancements and the implementation of Sharia-compliant practices, the FinTech platform ensures that users can access a wide range of financial services while adhering to Sharia principles.

FLOOSS is proud to have achieved Sharia compliance, and it will continue to revolutionize the way people engage with financial services in the Kingdom of Bahrain. The platform remains committed to setting new industry benchmarks, promoting FLOOSS , and driving economic growth in the country.

Previous Article

March 22, 2024

FinTech JULO rolls out healthcare financing across Indonesia

Read More
Next Article

March 22, 2024

FinTech Focus: Catch latest developments of the week

Read More








IBSi Daily News Analysis

payment check out, Open Banking

April 23, 2024

Financial Services

UAE retailers lose millions annually on payments fraud; consumers’ wallets impacted

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 19, 2024

Cashinvoice appoints Vineet Aggarwal as Head of Partnerships & Initiatives

Read More

April 18, 2024

Klub & U GRO Capital to bridge the MSME credit gap in India

Read More

April 17, 2024

5 Lending platforms offering securities-backed loans in the UK

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023