Solowin Holdings' AXBHD stablecoin receives Sharia certification
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SOLOWIN HOLDINGS’ (NASDAQ: AXG) Subsidiary AX Coin Bahrain Receives Sharia Certification for AXBHD Stablecoin
August 3, 2026 7:30 AM EDTMANAMA, Bahrain, Aug. 03, 2026 (GLOBE NEWSWIRE) -- AX Coin Bahrain B.S.C. Closed (AX Coin Bahrain), the regulated stablecoin issuer of Solowin Holdings (Nasdaq: AXG), today announced a historic milestone as its stablecoin framework, the AXBHD stablecoin, and supporting documentation have completed a formal Sharia review. This achievement distinguishes AXBHD as the first central bank regulated stablecoin to receive this certification, which was conducted by Shariyah Review Bureau W.L.L. (SRB), a Sharia advisory and audit firm licensed by the Central Bank of Bahrain.
Pursuant to an engagement agreement, SRB reviewed... More
