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™
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"
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.
Fish, Fintech & Fatwas: Sukuk Simplified
Complex structures that replicate debt have created the need for legal opinions verifying their halal status. Is this a good thing? Do simple, pure profit-sharing structures require such fatawa?
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.