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.
Blossom Wins World Islamic FinTech Award
Awarded "Most Innovative Use of Blockchain for Islamic Finance" for SmartSukuk™
Halal Investing from Russia
Step-by-step instructions for investing with Blossom Finance from Russia.
Halal Investing from Belgium
Step-by-step instructions for investing with Blossom Finance from Belgium.
Halal Investing from The United Kingdom (UK)
Step-by-step instructions for investing with Blossom Finance from The UK.
Halal Investing from Bangladesh
Step-by-step instructions for investing with Blossom Finance from Bangladesh.
Halal Investing from Turkey
Step-by-step instructions for investing with Blossom Finance from Turkey.
Halal Investing from The United Arab Emirates (UAE)
Step-by-step instructions for investing with Blossom Finance from The United Arab Emirates.
Halal Investing from Australia
Step-by-step instructions for investing with Blossom Finance from Australia.
Halal Investing from Canada
Step-by-step instructions for investing with Blossom Finance from Canada.
Halal Investing from Singapore
Step-by-step instructions for investing with Blossom Finance from Singapore.
Halal Investing from Germany
Step-by-step instructions for investing with Blossom Finance from Germany.
Halal Investing from Brunei
Step-by-step instructions for investing with Blossom Finance from Brunei.
Halal Investing from Bahrain
Step-by-step instructions for investing with Blossom Finance from Bahrain.
Halal Investing from South Africa
Step-by-step instructions for investing with Blossom Finance from South Africa.
Halal Investing from Saudi Arabia
Step-by-step instructions for investing with Blossom Finance from Saudi Arabia.
Halal Investing from Malaysia
Step-by-step instructions for investing with Blossom Finance from Malaysia.
Halal Investing from The United States of America (USA)
Step-by-step instructions for investing with Blossom Finance from The United States of America.
Halal Investing from Nigeria
Step-by-step instructions for investing with Blossom Finance from Nigeria.
Halal Investing from Pakistan
Step-by-step instructions for investing with Blossom Finance from Pakistan.
Indonesian Ministry of Finance Research on SmartSukuk™
A slide deck formatted study of Blossom Finance's Smartsukuk™ released by the Indonesian Ministry of Finance.
Sukuk on blockchain: a legal, regulatory and Shari’ah review
A research paper exploring the legal, regulatory and Shari’ah implications of sukuk on blockchain
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
Islamic Finance: a Catalyst for Financial Inclusion
A joint publication by the Securities Commission Malaysia (SC) and the World Bank Group including a case study on Blossom Finance in chapter 5: "Utilising Fintech in Islamic Finance for Financial Inclusion"
Basic Rules for Wakalah (Agency) Contracts
What are the basic rules of agency (wakalah) contracts? What are the key features of a wakalah?
Introduction to Wakalah (agency) Contracts
What is wakalah? What are the types of wakalah? Why the contract of wakalah is needed?
Application of Istisna in Islamic Financial Institutions
How is the lease (istisna) contract used in modern Islamic financial institutions and what is the process of "parallel salam"?
Basic Rules for Manufacturing Sale Contracts
Learn about construction finance using the istisna contract and the specific conditions and requirements which need to be observed.
Introduction To Manufacturing Sale Contracts
What is bay al-istisna? Is it an exceptional type of sale? What are the differences between istisna and salam?
Application of Bay Al-Salam in Islamic Financial Institutions
How the concept of salam is applied in modern Islamic financial institutions? Is salam contract can be used to finance agriculture sector.
Basic Rules and Conditions for Bay Al-Salam
This brief article explains the specific conditions and requirements of salam contract which need to be observed apart from the general requirements of sale.
Introduction to Salam (Forward Sale) Contracts
What is bay al-salam? Is it an exceptional type of sale? Why it is allowed?
Modern Application of Ijarah (Lease) Contract
The contract of ijarah is widely used in modern Islamic financial institutions. This article briefly sheds light on some important applications of ijarah
What Are The Rules Governing Ijarah?
What are the basic rules and principles of the contract of ijarah? What are the similarities and differences between ijarah and sale?
Introduction to Ijarah (Lease) Contracts
What is ijarah? What is difference between ijarah and sale? What are the types of ijarah?
Mudarabah in Islamic Financial Institutions
How mudarabah is used in modern Islamic financial institutions? What is the mechanism for investment account based on mudarabah? How the contract of mudarabah is structured for project financing?
Basic Rules of Mudarabah (Partnership) Contracts
What are the basic rules and conditions for mudarabah contract? What are the differences between mudarabah and musharakah?
Introduction to Mudarabah (Profit Sharing) Contracts
What is mudarabah? Why mudarabah is permissible? What are the types of mudarabah?
Diminishing Profit Sharing/Musharakah Mutanaqisah
What is musharakah mutanaqisah or “diminishing musharakah”? Why it is innovated by contemporary scholars? How musharakah mutanaqisah is used in Islamic banks and financial?
Basics of Musharakah (Joint-Venture) and Use In Islamic Banks
What are the basic rules and conditions of musharakah contract? And how it works in Islamic financial institutions?
Introduction to Musharakah/Partnership
What is musharakah? Why it is an ideal contract? What are the different types of musharakah?
Modern Application of Murabaha
What are the applications of murabaha in modern Islamic financial institutions? What is MPO and how MPO is different from an ordinary murabaha?
Introduction to Murabaha
Murabaha forms the backbone of the Islamic banking system. What is murabaha? What are its basic conditions, and how does it work in Islamic banks? Learn about murabaha in the classical context and how it's used in the modern Islamic finance context.
Classifications of Sale Contracts
What are the different types of sale contracts? How these types are different from each other and what are their conditions for validity?
Understanding The Contract of Sale
What is sale? What are the types of sale? How valid sale is differentiated from void sale? What are the basic things we need to observe in the contract of sale?
Key Elements of An Islamic Contract
What's an Islamic contract? What are the key elements of an Islamic contract, and what are the requirements for a contract to be valid and lawful?
Prohibition of Gambling
Gambling is one of the fundamental prohibitions in Islamic finance. Learn what is prohibited gambling and why it is not permissible and unlawful.
Prohibition of Excessive Uncertainty (Gharar)
Learn why excessive uncertainty (gharar) is prohibited and what types of conditions could be excessively uncertain.
Basics of Riba (Interest) and Its Two Major Types
The word riba literally means excess, increase or addition. But what is riba from Shariah point of view and what are the major types of riba?
18 Reasons Why Riba Is Prohibited
Warnings against riba (usury) date back as far as 2,000 BC. Learn why so many religions despise and prohibit riba, and learn the basis for why usury is prohibited in Islamic finance.
Shariah and Its Role in the Islamic Financial System
What is Shariah? What does it have to do with a financial system? How can a 1,400 system of rules inform decisions about a modern, digital financial system?
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 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.
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.
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.
Learn how highly tailored financial services & close connections with the local community have built a sense of loyalty towards this institution
BMT UGT Sidogiri
BMT UGT Sidogiri is the largest cooperative in Indonesia with 280 offices spread across the country.
Focusing on customer relationships has delivered strong financial results for this innovative microfinance institution
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.
Bitcoin & Ethereum Islamic Microfinance Fund Opens to Public
Islamic microfinance fund will accept cryptocurrency from investors; funds invested to receive profit sharing from cooperative Islamic microfinance in Indonesia
Is Bitcoin Halal or Haram: A Shariah Analysis
Is Bitcoin halal or haram? Blossom Finance publishes working paper on the permissibility of Bitcoin, cryptocurrency, and Islamic finance and concludes that bitcoin qualifies as Islamic money, except where banned by local government, but cautions investors against speculation, ICOs, and investment schemes.
Introduction to the Islamic Financial System
An Islamic financial system is governed by additional rules designed to help a society establish social justice and eliminate financial exploitation.