Friday 7 August 2020
 
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The Yasaar team

Yasaar appointed Shariah advisers for Connectif Technology

DUBAI, 22 days ago

Yasaar Limited has been appointed as Shariah advisor for Connectif Technology Limited. 
 
Connectif Technologies is a financial technology solutions provider for the Islamic finance industry, delivering innovative, market-wide technology solutions to sector participants.
 
Yasaar, a UK-incorporated company, is pioneering an independent approach to Shariah compliance and co-ordination services.
 
Yasaar will provide guidance and support to Connectif on the principals of Shariah compliance, specifically in relation to their digital platform, iWAVE, alongside the provision of Shariah auditing and compliance services.
 
Majid Dawood, CEO of Yassar said: “We are excited to be working with Connectif as their Shariah advisers, as we feel their ground-breaking offering will have a positive, market-wide impact on the Islamic Finance industry; bringing all participants together through their unique digital marketplace.”
 
“The trials and tribulations of this year have created a new paradigm of remote working and dislocated investing. Yassar is delighted to be supporting the roll-out of iWAVE by Connectif, and we firmly believe that the digitisation of the Islamic finance sector is the future. Fintech solutions such as iWAVE will reach out to a larger, more-diverse, globalised audience, eager to manage their financial affairs in line with their identity and belief structure.”
 
“Yasaar has been at the forefront of innovation in the Islamic Finance sector since 1998, and we are pleased to continue this tradition as the sector steps into an increasingly disparate but interconnected post-Covid world. We are thrilled to be helping ensure that through the innovative fintech platform, iWAVE, Islamic investors will have price transparency across the entire transaction lifecycle with universal access to various contracts via one central, secure, digital platform.”
 
David Potter, Managing Director of Connectif said: “We are pleased to be working with Yasaar, a highly regarded firm with impressive expertise in the field and an ideal match to work with us as we bring our innovative digital financial technology offering, iWAVE, to the Islamic Finance market.” -- Tradearabia News Service
 



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