GreenPro Capital Corp. Receives Conditional Approval to Launch Pioneering Shariah-Compliant Digital Bank in Malaysia

Reuters

2025/06/24

GreenPro Capital Corp. Receives Conditional Approval to Launch Pioneering Shariah-Compliant Digital Bank in Malaysia

GreenPro Capital Corp. $(GRNQ)$ has received conditional approval from the Labuan Financial Services Authority to establish and operate a pioneering Islamic Digital Bank. This bank, set to function under the Labuan International Business and Financial Centre framework, marks a significant advancement in digital finance by offering Shariah-compliant banking services with both fiat and cryptocurrency interoperability. The approval allows GreenPro to launch one of the world's first digital banks capable of handling both fiat and crypto deposits, aiming to deliver inclusive and secure financial services across ASEAN and beyond. This initiative aligns with Malaysia's goals in Islamic finance and fintech innovation, and supports GreenPro's long-term strategy of building a digital asset reserve.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GreenPro Capital Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1042385) on June 24, 2025, and is solely responsible for the information contained therein.

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