Mawarid Finance has entered into a strategic partnership with Athar Finance to introduce stablecoin-based payment cards in the UAE, aiming to facilitate everyday transactions using digital assets within a secure and Shariah-compliant framework. This collaboration is designed to integrate stablecoin payment functionalities into the existing financial infrastructure, addressing the rising demand for compliant digital financial services. Rashid Al Qubaisi, CEO of Mawarid Finance, emphasized that this initiative is a testament to their commitment to advancing financial innovation in the UAE, bridging traditional finance with emerging digital technologies. Samira Solaiman from Athar Finance echoed this sentiment, highlighting the importance of making digital assets more accessible for daily use while adhering to the principles of Shariah-compliant finance. The project is poised to enhance transparency and efficiency in the regional digital economy, leveraging the UAE's robust regulatory framework and fintech ecosystem.
Source: Fintech News ME
