Crypto.com Announces Partnership with Dubai Islamic Bank (DIB)
Crypto.com has entered into a strategic alliance with the Dubai Islamic Bank (DIB) by signing a Memorandum of Understanding (MoU). The MoU will lay the foundation towards the integration of crypto with Islamic banking in a Sharia-compliant manner.
The Singapore-based firm unveiled this new partnership in a press release dated Dec. 30, 2024. This new alliance is part of the firm’s strategy to extend its market presence in UAE and the broader GCC.
Sharia-Compliant Crypto Solutions
Based on this partnership, Crypto.com will be in a position to extend Sharia-compliant cryptocurrency solutions to the UAE market. The trading platform will enable the provision of…
