Shariah-compliant crypto exchange Rain graduates from Bahrain sandbox

Pedro Gonçalves
clock • 2 min read

Rain, a Bahrain-based cryptocurrency exchange, is the first to completed the Central Bank of Bahrain's (CBB) regulatory sandbox and is now in the process of applying for a license as it has passed a Shariah compliance certification for the region, reports the Saudi Gazette. The Shari'a compliance certification was completed by Shariyah Review Bureau (SRB) which is licensed by the Central Bank of Bahrain. SRB has reviewed Rain's brokerage service and has determined that the sale, purchase a...

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