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Tag: Shariyah Review Bureau

Swiss Crypto Firm X8 Obtains Bahrain’s Sharia Certification

News | November 12, 2018 By: David Pimentel

Switzerland-based crypto firm X8 AG has obtained a sharia-compliant certification for its ethereum-based stablecoin from Islamic scholars.

X8 AG was established to administer and regulate all aspects of the X8currency (X8C) token generation event (TGE) and to provide IT and software solutions for financial portfolio applications.

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Blockchain Protocol Stellar Obtains Bahrain’s Sharia Certification

Blockchain, News | July 18, 2018 By: Maricel Custodio

Blockchain payments platform Stellar has received a sharia-compliant certification for its distributed ledger protocol from Bahrain’s Shariyah Review Bureau (SRB).

Founded in 2014, Stellar is an open-source protocol for exchanging money using blockchain technology. At launch, Stellar was based on Ripple.

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