Finocracy collaborates with Islamic Banks and FinTech Companies to build and operationalize FinTech solutions.

At Finocracy, we bring access for Islamic Banks to the global FinTech ecosystem to implement technology solutions and discover new areas of growth in an informed, efficient and credible manner.

We have worked with the world’s best financial institutions.

“When We See Opportunity, We Build”

Over the next five years, we expect between 8-10 million customers in the GCC region to switch to a digital-first relationship. Finocracy aims to boost industry growth by operationalising digital platforms, revenue models and cost structures for Islamic banks to meet the needs of GCC consumers.

Finocracy Ventures

We invest in leading FinTech businesses:

  • Finocracy ventures is the venture arm of Finocracy
  • We look to support leading FinTech start-ups who have a GCC market
  • We invest in innovative technologies and business models that address our strategic priorities

Finocracy Implementation

Operationalize & build FinTech platforms for Islamic Banks

  • Collaboration with banks and FinTech companies to implement technology solutions
  • Enable banks to become fit for FinTech and increase consumer base
  • Advise on cutting edge solutions to augment linkage to Islamic Finance industry

Finocracy Labs

A set of innovative and demand driven FinTech programmes:

  • Creating ecosystem clusters to promote Islamic FinTech sectorial strength
  • Establishing a physical center point of the Global Islamic FinTech Ecosystem
  • Providing accelerator programmes to institutions and the public at large
November 8, 2017 in Insights

The Bitcoin & Blockchain Divorce by Banks

Not A Day Goes By Without The News Mentioning Bitcoin & Blockchain Back in the 1980’s, people could go to their local grocery store and buy products even if they…

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October 31, 2017 in Insights

FinTech’s Are The New Rule Makers

Finocracy’s Head of Strategic Alliances, Tayyaba Ahsan, recently had a chance to attend a short yet crisp session arranged by HSBC UK, meant to cover the hot topic; “Banks and…

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October 31, 2017 in Press

Finocracy Leverages Leadership Development and AI to Scale Higher Education Financing for Underserved Young Women

Finocracy to provide innovative higher education financing solutions to underserved communities, through Human Capital Mudarabah linked with Artificial Intelligence. Wedu, an award winning leadership development organisation, partners with Finocracy to…

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October 18, 2017 in Press

Singapore’s Alpha FinTech teams up with Finocracy to boost GCC’s growing e-commerce market

Singapore’s Alpha Fintech to enter GCC market; eyes predicted $20bn e-commerce sector by 2020. Alpha’s pioneering multi-vendor enablement platform, valued at $250 million, enables banks to collaborate with Fintech’s by…

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October 10, 2017 in Press

Bahrain and Denmark to create FinTech bridge to accelerate bank transformation in GCC

Bahrain based Finocracy, and Denmark’s Copenhagen FinTech Hub sign cooperation agreement to fast track FinTech solutions in GCC  Finocracy to open up opportunities for Islamic banks to target 10 million…

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Finocracy adds Ernst & Young heavyweight, Ashar Nazim, to accelerate fintech agenda for banks in the region

A group of prominent investors led by Ashar Nazim have acquired a significant stake in Finocracy. Ashar was formerly senior partner and the global head of Islamic banking practice at EY.

Global Donors Forum in Istanbul seeks new humanitarian approach, improve perception of Muslims

Participants in the Global Donors Forum in Istanbul highlighted the need for larger burden-sharing to address humanitarian needs, and expanding media capacities for Muslims to improve the image of Islam on the second day of the forum, focusing on Islamic philanthropy

FINOCRACY and CH9 announce the 1st Global Islamic Fintech Hub

Finocracy announced Future Finance 2030, the 1st Global Islamic Fintech Hub, announced at SeedStars GCC, would be the focal point of the fast-growing Islamic Fintech space. The Fintech Hub will be at CH9.

New alliance to boost development of Islamic fintech for Muslim communities

A first-of-its-kind Islamic Fintech Alliance (IFT Alliance) says it wants to be the reference point for knowledge and advice, and facilitate business matching between investors and entrepreneurs to develop a Shariah-compliant fintech ecosystem.

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With all the discussion about who should take the lead on #smartcontracts development for the #IslamicFinance space…

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@AsharNazim on stage @WIBC2017 with the launch of a fintech consortium with Bahrain’s leading banks.

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Wahed Invest

Live from the World Islamic Banking Conference, we'll be up on stage soon! #WIBC #RevolutionizingHalalInvesting

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