Blade Labs

5 Key Insights from Islamic Financial Services Board (IFSB)'s 2024 Islamic Financial Services Industry Stability Report: ➡️ Strong Growth & Resilience: The global Islamic financial services industry demonstrated remarkable resilience, growing 4% to reach USD 3.38 trillion in 2023, despite challenging macroeconomic conditions. ➡️ Islamic Banking Dominance: The sector continues to be anchored by Islamic banking, representing 70% of total assets with robust 7.21% growth to USD 2.37 trillion, supported by strong deposit growth and improved asset quality. ➡️ Sustainable Finance Surge: Sustainability-linked sukuk issuances showed impressive growth, reaching USD 11.94 billion in 2023, with green sukuk accounting for 65% - highlighting the industry's increasing focus on ESG initiatives. ➡️ Regional Leadership: The GCC region maintains its position as the global hub for Islamic finance, holding 52.5% of global assets, followed by East Asia & Pacific at 21.8%. ➡️ Digital Innovation Focus: The industry is actively embracing technological advancement, with increasing adoption of digital solutions and regulatory frameworks evolving to address crypto and digital assets within Shariah parameters. #IslamicFinance #FinancialServices #Banking #Sustainability #FinTech #IFSB

Fund tokenization is transforming asset management, offering enhanced liquidity, cost efficiency, and broader access to investments through blockchain technology. Learn about the potential benefits and challenges of this innovative approach in this insightful analysis from Forbes that delves into the future of finance and what is already being called “the third revolution in asset management”: https://lnkd.in/gx7Svs3s #FundTokenization #blockchain #digitalassets #fintech #innovation 

We're all set for SFF 2024, kicking-off tomorrow in Singapore! Stop by booth 4J27 to explore the latest innovations and connect with us. See you there!

The Blade Labs team have landed at Singapore FinTech Festival We’ve been working with the team on this event attendance from signposting and outreach, to stand design and spinning plates to keep us all organised.   Delighted at how the stand looks, can’t wait to see the Blade Labs team smash it at the biggest #fintech event in the calendar!! Sami Mian Ints Haquani Valera Olexienko Blade Labs Hedera Anychain.Marketing Jamie McCoy Ruchi Pandey Singapore FinTech Festival  #SFF2024 #AnychainMarketing #Web3 #Blockchain #Fintech #marketingagency

This insightful report by Baker McKenzie discusses the rise of Sukuk in global finance, explaining various Sukuk structures, their popularity, and future trends in Islamic finance. 👉Here are 5 key takeaways from the paper on the rise of Sukuk in global finance: 1. Global sukuk issuance is projected to reach $160-170 billion in 2024, with the total outstanding sukuk market estimated to grow to $875 billion 🚀 2. Sukuk's popularity is driven by growing consensus among Islamic scholars, standardized documents, and favorable tax treatment in many jurisdictions 3. Various sukuk structures exist, including 𝘐𝘫𝘢𝘳𝘢 (lease-based), 𝘔𝘶𝘥𝘢𝘳𝘢𝘣𝘢 (investment partnership), and 𝘞𝘢𝘬𝘢𝘭𝘢 (agency-based), each tailored to different financing needs. 4. The future of Islamic finance is shaped by factors such as harmonization of Shariah rulings, digitalization, and the growing importance of ethical investments 5. Untapped markets, including populous Muslim countries and Africa, present significant growth opportunities for Islamic finance.🌍 💡 At Blade Labs, we recognize the increasing importance of Islamic finance in the global market. Understanding these innovative financial instruments is crucial for staying competitive in today's diverse financial landscape. #IslamicFinance #Sukuk #FinancialInnovation #GlobalMarkets #BladeLabs

🚀 Fund Tokenization Set to Transform Asset Management.   New research from Boston Consulting Group (BCG), Aptos Labs and Invesco Ltd. reveals that fund tokenization could generate ~$100 billion in additional annual returns for investors while creating new revenue streams for financial institutions, with tokenized fund AUM potentially reaching $600B+ by 2030. As we approach a critical inflection point in the next 12-18 months driven by regulated on-chain money adoption, financial institutions have a unique opportunity to capture first-mover advantages in this third revolution of asset management. #FundTokenization #DigitalAssets #Innovation #Fintech #OnChain

At BLADE LABS, we believe #Fintech should be accessible to everyone. That’s why we’re committed to building your financial future on Islamic principles. Join us at the Singapore FinTech Festival 2024 and discover how we are making a difference. #FinTechForAll #IslamicFinance #SFF2024 #FinancialInclusion

💡 Knowledge Check: Islamic Finance Products! As digital finance evolves, understanding Shariah-compliant instruments isn't just about compliance—it's about unlocking the $4.5T market that prioritizes ethical value creation. - #BladeLabs

Discover how Blade Labs is transforming Islamic finance with blockchain-powered Murabahah smart contracts. Learn about the future of Shariah-compliant financial instruments and how our innovative platform is addressing key industry challenges while enhancing transparency, efficiency, and accessibility in Islamic banking. https://lnkd.in/gy93k3FQ Join Blade Labs at the Singapore Fintech Festival 2024 from 6th-8th November as we explore the future of finance. #Innovation #Bloackchain #SmartContracts #IslamicFinance #SFF2024

The integration blockchain technology promises enhanced efficiency with compliance to Shariah principles in Islamic Finance, from streamlined Sukuk issuance to automated Zakat calculations. As this synergy evolves, it has the potential to reshape a sector projected to command $6.7tn in assets by 2027. https://lnkd.in/eVKfcqHm #IslamicFinance #Blockchain #UAE #FinTech #SmartContracts #Innovation #Transparency #ShariaCompliant