Blockchain Microfinance Sukuk Wins 2 Awards, Yields 15.5% Despite Covid-19 Stress
Indonesian co-op has thus far funded 234 micro-business from the sukuk which was issued via Blossom Finance’s SmartSukuk™ platform.
Ethereum Blockchain Based Platform for Islamic Finance Wins Microfinance Award at Kuala Lumpur Islamic Finance Forum
Blossom awarded "Most Outstanding Islamic Micro Credit Company" for its SmartSukuk™ platform funding microfinance institutions in Indonesia.
Indonesian Ministry of Finance Research on SmartSukuk™
A slide deck formatted study of Blossom Finance's Smartsukuk™ released by the Indonesian Ministry of Finance.
BMT Bina Ummah Variable Profit Rate Sukuk Q2 2020 Report
Summarizes the performance of the BMT Bina Ummah Variable Profit Rate Sukuk through the period ending Q2 2020
BMT Bina Ummah Variable Profit Rate Q1 2020 Report
Summarizes the performance of the BMT Bina Ummah Variable Profit Rate Sukuk for the period ending Q1 2020.
BMT: Combining Social Impact & Commercial Finance is a Recipe for Success
BMTs reduce poverty through a ramp of financial services tailored to the levels of economic development within their community by combining faith-based donations with commercial finance.
BMT UGT Sidogiri
BMT UGT Sidogiri is the largest cooperative in Indonesia with 280 offices spread across the country.
Learn how highly tailored financial services & close connections with the local community have built a sense of loyalty towards this institution
BMT Bina Dhu’afa Beringharjo
BMT Beringharjo began its work on charity based models, such as food transfer, free-of-charge health services, sanitation and fresh water supply for the poor, and a scholarship program for orphans.
Focusing on customer relationships has delivered strong financial results for this innovative microfinance institution
Saat Suharto, a young Muslim activist, began a small organization in 1992 that used funds from zakat and other charity based collections to give interest-free loans to traders.
BMTs: an Indonesian Solution to a Universal Problem
Baitul Maal Wat-Tamwil ("BMT"): A Faith and Community Based Microfinance
World-First Blockchain Sukuk Reports 12.94% Annualized Profit
Indonesian microfinance co-op’s issuance via Blossom’s SmartSukuk™ platform has already funded 144 individual entrepreneurs.
World’s First Primary Sukuk Issuance on Blockchain Closes
Private placement sukuk al-mudaraba for BMT Bina Ummah used to expand Indonesian microfinance
Blossom CEO Featured Speaker at Bank Indonesia Conference
Speech at 5th Annual Shariah Economic Festival in Surabaya highlights benefits of technology for a strong economy.
Islamic Finance Upgraded: Smarter Sukuk Using Blockchain
Blossom Finance announces SmartSukuk™ platform for issuing blockchain-powered Islamic financing instruments using Ethereum smart contracts.