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Kinesis launches monetary system in partnership with PT Pos in Indonesia
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Payments , Banking 06:44 pm
Kinesis, the monetary system based on 1:1 allocated physical gold and silver, today announces the soft launch of PT Pos Indonesia’s physical gold-based digital Sharia product, PosGO Syariah.
PosGo Syariah is the first Islamic mobile ecosystem business in Indonesia, as supported by the Sharia Supervisory Board formed by the National Sharia Council. With full backing from the Government, the Sharia-compliant platform enables Indonesia’s predominantly Islamic population to manage their wealth, trade, save and transact in the debt and interest-free gold bullion via mobile device.
The nationwide reach of government-run postal service, PT Pos, opens up the shariah-compliant, economic stability of physical gold to the entire population of Indonesia, including unbanked and underbanked communities. As the largest non-bank institution in Indonesia, PT Pos is positioned to offer the Indonesian population financial access through 24,000 physical servic
Date
15/04/2021
Kinesis, the monetary system based on 1:1 allocated physical gold and silver, today announces the soft launch of PT Pos Indonesia’s physical gold-based digital Sharia product, PosGO Syariah.
PosGo Syariah is the first Islamic mobile ecosystem business in Indonesia, as supported by the Sharia Supervisory Board formed by the National Sharia Council. With full backing from the Government, the Sharia-compliant platform enables Indonesia’s predominantly Islamic population to manage their wealth, trade, save and transact in the debt and interest-free gold bullion via mobile device.
The nationwide reach of government-run postal service, PT Pos, opens up the shariah-compliant, economic stability of physical gold to the entire population of Indonesia, including unbanked and underbanked communities. As the largest non-bank institution in Indonesia, PT Pos is positioned to offer the Indonesian population financial access through 24,000 physical service loca