UAE’ Ajman Bank Moves into Shariah-compliant RWA Tokenization using Fasset Infrastructure

• Fasset partners with Ajman Bank to roll out Shariah-compliant tokenized assets, stablecoins, and trading for retail and institutions in the UAE.
• The bank uses Fasset’s white-label stack for custody, wallets, KYC and AML, plus a private institutional desk and stablecoin payment rails.
• Client money segregation and full compliance aim to speed cross-border settlement and widen access to real-world assets that meet Islamic finance rules.

Fasset and Ajman Bank signed an MoU to launch integrated digital asset services that conform to Shariah principles. The rollout targets both retail and institutional clients in the UAE and abroad, anchoring on tokenized real-world assets, a regulated stablecoin framework, and secure trading access through the bank.

Products and rails

Under the agreement, Ajman Bank adopts Fasset’s infrastructure to offer tokenized RWAs such as S…

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