July 25, 2023 11:30 AM

HAQQ and Brighty app: A Strategic Alliance to Propel Shariah-Compliant Fintech Innovation in Europe

TL;DR HAQQ and Brighty are partnering to expand into the Islamic Finance market and the broader ethical finance sector. Brighty will offer accounts in Islamic Coin and staking mechanics, allowing users to transact in Shariah-compliant crypto tokens. This collaboration aims to make decentralized finance (DeFi) more accessible and inclusive, contributing to a more ethical financial future. Stay tuned for more updates.

We are thrilled to announce an exciting new partnership between HAQQ and Brighty app, a leading fintech platform that seamlessly integrates traditional finance and cryptocurrency. This strategic alliance is set to unlock new opportunities in the Islamic Finance market and the broader ethical finance sector.

Brighty app, renowned for its innovative financial services, including IBAN accounts, crypto wallets, instant currency exchange, and linked cards (soon to be launched), has successfully serviced the European market, demonstrating a robust understanding of the region's unique financial landscape. As part of our partnership, Brighty app will leverage HAQQ's ethical and Shariah-compliant blockchain technology to extend its reach into the Islamic Finance market, offering its unique blend of traditional and crypto financial services to a wider audience.

Adding ISLM Accounts and Staking Mechanism

In addition to enhancing Brighty's commitment to ethical finance, this partnership will significantly expand its service offerings. Specifically, it will facilitate the addition of accounts in Islamic Coin and introduce staking mechanics. These features will allow Brighty users to hold, send, and transact in Shariah-compliant crypto tokens, e.g. transacting in stablecoins like USDT or USDC. Furthermore, users will be able to participate in staking, providing them with a new avenue for potential earnings within the ethical finance framework.

Leveraging Brighty app's Infra to further our Ethical Finance Mission in Europe

For us at HAQQ, this partnership presents a unique opportunity for us to tap into Brighty app's established infrastructure and broad user base in the European market. This will allow us to further our mission of making decentralized finance (DeFi) more accessible and inclusive while adhering to the principles of ethical and Islamic finance.

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