Curated News
By: NewsRamp Editorial Staff
August 03, 2026

Solowin's Stablecoin AXBHD Gets Sharia Certification

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Original Source

TLDR

  • Solowin Holdings gains a first-mover edge with its AXBHD stablecoin being the first Sharia-certified, central bank-regulated stablecoin.
  • AXBHD's Sharia review by Shariyah Review Bureau assessed its issuance, reserves, governance, and revenue to ensure compliance with Islamic finance principles.
  • This certification broadens financial inclusion by offering a transparent, ethically compliant stablecoin for Muslim investors and promoting responsible governance.
  • Interesting: AXBHD is the first central bank-regulated stablecoin to receive Sharia certification, blending Islamic finance with blockchain innovation.

Impact - Why it Matters

This news matters because it marks a significant step towards making digital assets accessible to a wider audience, particularly Islamic investors who require Sharia-compliant financial products. By obtaining Sharia certification for a central bank-regulated stablecoin, Solowin Holdings is not only expanding its market reach but also setting a precedent for other fintech companies to follow. This could lead to increased adoption of stablecoins in regions with large Muslim populations, fostering financial inclusion and innovation in the digital economy. Furthermore, it demonstrates that compliance with religious and regulatory standards is possible in the crypto space, potentially boosting investor confidence and paving the way for more institutional participation.

Summary

Solowin Holdings (NASDAQ: AXG), a global regulated fintech company, has announced that its AXBHD stablecoin framework has completed a formal Sharia review, making it the first central bank-regulated stablecoin to receive Sharia certification. The review, conducted by Shariyah Review Bureau W.L.L., evaluated AXBHD’s issuance mechanism, reserve investment framework, governance arrangements, and revenue model for compliance with Islamic finance principles, while also establishing an ongoing Sharia governance framework. This certification underscores Solowin's commitment to transparency and responsible governance as it prepares to launch the AXBHD stablecoin. The company, established in 2016, combines blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform, with offerings spanning stablecoin issuance and payments, asset tokenization, securities trading, and AI-powered services.

Solowin Holdings operates two core business pillars: Digital Asset Tokens and AI Tokens, guided by the mission "Mobilizing Tokens 24/7." Its integrated ecosystem includes AX COIN, AX ONE, FERION, SOLOMON, SCION, and KOVAR, empowering global institutions and investors to capitalize on the rapid growth of the dual-token economy. The Sharia certification is a significant milestone, as it opens the door for Islamic investors to engage with a regulated stablecoin, potentially expanding the market for digital assets in compliance with Sharia law. This development also highlights the growing intersection of traditional finance and blockchain technology, as companies like Solowin seek to bridge the gap between conventional and digital finance.

The news was disseminated by CryptoCurrencyWire, a specialized communications platform focused on blockchain and the cryptocurrency sector, which is part of the Dynamic Brand Portfolio @ IBN. For more details, visit the full press release at https://ccw.fm/AtbdN and explore Solowin's website at https://www.alloyx.com.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Solowin's Stablecoin AXBHD Gets Sharia Certification

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