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"
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.
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
Muslims Can Now Pay Zakat in Cryptocurrency
Free service allowing Muslims to pay their annual obligatory charity payment (zakat) owed against cryptocurrency holdings directly using the blockchain
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