Jingle Pay becomes the first Money Service Business with Shariah Certification

 Jingle Pay becomes the first Money Service Business with Shariah Certification

To ensure its products are fully aligned with Sharia principles, Jingle Pay had assigned Shariyah Review Bureau (SRB) to comprehensively review its Islamic products and services. The successful completion of this review signifies Jingle Pay’s intent and commitment to offer Sharia-certified products to the market.

Amir Fardghassemi, the Co-Founder and CEO of Jingle Pay said “We are very proud to receive this Sharia Certificate, and to be able to use the opportunity we have to simultaneously address financial exclusion and offer Sharia compliant products to the communities we serve. This certification provides the highest assurance of the compliance of our products and services with Islamic principles to our end-users.  We will continue to work together with SRB as we build, develop and rapidly expand in the region.”

The evolution of Jingle Pay’s services comes as demand for Islamic financial services grows in the UAE Middle…

Read full article…www.prnewswire.com