MANAMA: Bahrain’s fintech startup ecosystem has been ranked the highest in the region and second globally in terms of Islamic finance regulation, according to a global report.
The Central Bank of Bahrain’s regulatory sandbox, the Al Waha Fund of Funds and Waqfe’s digital banking platform have been attributed as the primary strengths of the kingdom’s ecosystem in US-based research firm Startup Genome’s Global Startup Ecosystem Report (GSER) 2020 .