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Required fields Kuwait Finance House (KFH) maintains its leadership in social responsibility through its Ramadan program Increase Good Deeds in Ramadan 6 which is rich in social activities and different youth, sport and awareness initiatives. Group Deputy General Manager Public Relations and Media at KFH, Yousef Abdullah Al-Ruwaieh said that KFH`s efforts in social responsibility are in line with its strategy to achieve sustainable development, and reflect its keenness to play its national and social role as a leading financial institution in the private sector. Al-Ruwaieh explained that the exceptional conditions didn t prevent KFH from virtually communicating with customers and engaging with society in Ramadan. He added that KFH was able to adapt its activities to suit the current circumstances, relying on the innovation element by using various e-channels, stressing the keeneess to abide by health guidelines as this is key for the health and
Kinesis launches monetary system in partnership with PT Pos in Indonesia
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Kinesis Launches Indonesian Government-Backed Cryptocurrency
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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