UAE-Based Money Service Business Jingle Pay Receives Shariah Certification 

Following its comprehensive review by the Shariyah Review Bureau, United Arab Emirates (UAE)-based money service business, Jingle Pay, is now Shariah-compliant certified. Jingle Pay commissioned the Shariyah Review Bureau to conduct a thorough review of its Islamic products and services in order to ensure that they are fully compliant with Shariah principles.

Why it Matters?

This certification provides Jingle Pay the opportunity to focus on its mission of financial inclusion across the region and has allowed the company to offer its customers Shariah-compliant solutions, according to Amir Fardghassemi, Co-Founder and Chief Executive Officer of Jingle Pay. The expansion of Jingle Pay’s services coincides with a rise in demand for Islamic financia...