HAQQ partners with Brighty App for fintech innovation

Facebook
Twitter
LinkedIn
HAQQ partners with Brighty App for fintech innovation
HAQQ partners with Brighty App for fintech innovation

HAQQ, a leading provider of ethical and Shariah-compliant blockchain solutions, is thrilled to announce a strategic partnership with Brighty App, a pioneering fintech platform that integrates traditional finance and cryptocurrency. This alliance aims to unlock new opportunities in the Islamic Finance market and the broader ethical finance sector, particularly in the European market where Brighty App has established a strong presence.

Haqq & Brightyapp logo(fintech)
Haqq & Brightyapp logo(fintech)

Brighty App has been successfully servicing the European market with its innovative financial services, including IBAN accounts, crypto wallets, instant currency exchange, and linked cards. As part of this partnership, Brighty App will leverage HAQQ’s ethical and Shariah-compliant blockchain technology to extend its reach into the Islamic Finance market, offering its unique blend of traditional and crypto financial services to a broader audience.

In addition to enhancing Brighty’s commitment to ethical finance, this partnership aims to significantly expand its service offerings. Specifically, it will facilitate the addition of accounts in Islamic Coin and the possible introduction of staking mechanics. These features will allow Brighty users to hold, send, and transact in Shariah-compliant crypto tokens, e.g. transacting in stablecoins like USDT or USDC. Furthermore, users will have the opportunity to participate in staking, providing them with a new avenue for potential earnings within the ethical finance framework.

For HAQQ, this partnership presents a unique opportunity to tap into Brighty App’s established infrastructure and broad user base in the European market. This will further HAQQ’s mission of making decentralized finance (DeFi) more accessible and inclusive while adhering to the principles of ethical and Islamic finance.

Together, HAQQ and Brighty App aim to create a more equitable financial ecosystem. By combining Brighty App’s fintech expertise and HAQQ’s commitment to ethical, Shariah-compliant blockchain solutions, this partnership will bridge the gap between traditional Islamic finance and the innovative world of DeFi and cryptocurrency.

Source

Share.

RELATED POSTS

DIB, the worldโ€™s leading Islamic financial group and the largest Islamic bank in the UAE, has announced the launch of its first Youth Council. Image Courtesy: DIB
DIB Launches Youth Council to Empower Next Gen Talent
Mohammed Saif Al Sowaidi - CEO of QIA. Image courtesy: QIA
QIA announces investment in Lesha Qatar Equity Fund
Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank. Image courtesy: Khaleeji Bank
Khaleeji Bank and BIBF Launch Leadership Academy

LATEST POSTS

What to Consider Before Hiring a Google Ads Agency
Nakheel, a member of Dubai Holding Real Estate, has unveiled a limited release of 44 beachfront villas designs on Frond F at Palm Jebel Ali. Image Courtesy: Nakheel
Guido Fredrich,Vice President, Development Luxury and Lifestyle EAME Region, Hyatt. Image Courtesy-Hyatt
The financing supports a 620,090 sq. ft. warehouse that serves as a key regional distribution hub for Morrisons. Image Courtesy-Abu Dhabi Islamic Bank (ADIB)