Post by Mal

We're thrilled to announce that #Mal has received in-principle approval from the Central Bank of The UAE to establish a licensed bank. This is the moment we have been building towards. The #CBUAE approval follows our $230M seed round—the largest fintech seed round in MEA history. We are building the world's first AI-native Islamic bank. Globally ambitious, and rooted in Islamic values for the 2 billion people the current system was never designed to serve, and the #UAE Central Bank's trust means everything to us. ▶️ Read more here: https://lnkd.in/d577AeUf