Mawarid Finance and Athar Finance have entered into a strategic partnership to develop and issue stablecoin-powered payment cards aimed at integrating digital assets with everyday transactions.
The initiative is designed to operate within a secure, Shariah-compliant financial framework, bridging the gap between emerging digital currencies and conventional payment systems.
The collaboration reflects a shared commitment to advancing the future of digital finance by combining Mawarid Finance’s expertise in financial innovation and regulated financial services with Athar Finance’s focus on next-generation fintech solutions.
According to the statement, the two organizations aim to deliver practical payment solutions that enable consumers to use digital assets seamlessly in everyday transactions while upholding the principles of transparency, trust, and Shariah-compliant finance.
The partnership responds to growing demand for innovative financial services that combine emerging technologies with values-based financial principles. Through the integration of stablecoin-powered payment capabilities into secure financial infrastructure, Mawarid Finance and Athar Finance aim to support the development of a more accessible, efficient, and future-ready digital economy.
The partnership highlights the role of collaboration in transforming emerging technologies into practical financial solutions that create real value for consumers and businesses.
Rashid Al Qubaisi, Chief Executive Officer of Mawarid Finance, said that, “This partnership reflects our commitment to driving the next phase of financial innovation in the UAE by developing practical solutions that bridge traditional financial services with emerging digital technologies.”
“By collaborating with Athar Finance, we aim to deliver secure, Shariah-compliant payment solutions that enhance the usability of digital assets while supporting the UAE’s vision of becoming a global leader in the digital economy,” Al Qubaisi added.
