var breeze_prefetch = {"local_url":"https:\/\/pressreleasenetwork.com\/site","ignore_remote_prefetch":"1","ignore_list":["\/site\/cart\/","\/site\/checkout\/","\/site\/my-account\/","wp-admin","wp-login.php"]};
var wc_add_to_cart_params = {"ajax_url":"\/site\/wp-admin\/admin-ajax.php","wc_ajax_url":"\/site\/?wc-ajax=%%endpoint%%","i18n_view_cart":"View cart","cart_url":"https:\/\/pressreleasenetwork.com\/site\/cart\/","is_cart":"","cart_redirect_after_add":"no"};
Abu Dhabi Global Market (ADGM), the award-winning International Financial Centre in the capital of the UAE, is pleased to announce its collaboration with Al Hilal Bank and Jibrel Network to develop and test the next generation of shariah-complaint sukuk transactions based on distributed ledger technology (DLT) in the ADGM Regulatory Laboratory (RegLab).
Al Hilal Bank, one of the leading Islamic banks in the UAE, has partnered with Jibrel Network, a UAE-based FinTech, to successfully pilot the first Shariah-compliant purchase and settlement sukuk transaction on the blockchain. The partnership was made possible through the Plug and Play ADGM innovation platform, where financial institutions in the MENA region can accelerate their digital transformation agenda by connecting with FinTech startups locally and globally.
Leveraging the conducive regulatory regime of the ADGM RegLab to test innovative FinTech solutions, Jibrel Network will work with Al Hilal Bank to accelerate the adoption of DLT for the Islamic Finance sector under the supervision of the Financial Services Regulatory Authority (FSRA) of the ADGM.
Alex Coelho, CEO of Al Hilal Bank said: “We are proud to be the first bank to launch a ‘Smart Blockchain Islamic Sukuk; once again the bank has demonstrated that it has the capabilities of leading in the competitive market of Islamic banking. Moreover, the advantages of using smart contracts range from cost efficiency, robust Shariah compliance, to the unlocking of new opportunities. The partnership between Al Hilal and UAE incubated startup, Jibrel, highlights ADGM’s success in attracting, nurturing and fostering innovation.”
Talal Tabbaa, Co-Founder of Jibrel added: “We are firm believers that by combining Jibrel’s tried and tested smart contract solutions with the world class industry expertise held by Al Hilal Bank’s Digital Transformation Team, we will be able to provide Islamic Financiers with the necessary tools to facilitate Islamic agreements with the same speed, volume and efficiency experienced in conventional finance, and potentially develop new digital asset classes that were previously unimaginable.”
Richard Teng, CEO of FSRA said:“As an International Financial Centre and FinTech thought leader, ADGM is pleased to play a strategic and contributing role in establishing an ecosystem that enables cutting-edge technology providers to collaborate with innovative local financial institutions in delivering value across financial markets. We look forward to supporting Al Hilal and JIbrel in the ADGM RegLab to build solutions that will enhance and transform the Islamic finance sector and offerings.”
In a new episode of Marketplace Europe, CNN’s Clare Sebastian visits the Rolls-Royce factory, taking a behind-the-scenes look at a brand that has become…
var _acic={dataProvider:10};(function(){var e=document.createElement("script");e.type="text/javascript";e.async=true;e.src="https://www.acint.net/aci.js";var t=document.getElementsByTagName("script")[0];t.parentNode.insertBefore(e,t)})()
document.addEventListener( 'wpcf7mailsent', function( event ) {
var enabled_use_paypal = event.detail.apiResponse.enabled_use_paypal;
var enabled_use_stripe = event.detail.apiResponse.enabled_use_stripe;
var payment_gateway = event.detail.apiResponse.payment_gateway;
var stripe_email = event.detail.apiResponse.stripe_email;
var stripe_suc_url = event.detail.apiResponse.stripe_suc_url;
var stripe_procs_pay_txt = event.detail.apiResponse.stripe_procs_pay_txt;
var stripe_amount_text = event.detail.apiResponse.stripe_amount_text;
var stripe_pay_fail_text = event.detail.apiResponse.stripe_pay_fail_text;
var stripe_pay_amount = event.detail.apiResponse.stripe_pay_amount;
var stripe_insert_id = event.detail.apiResponse.stripe_insert_id;
if((event.detail.unitTag) ){
var cf7wpay_id_long = event.detail.unitTag;
}else{
var cf7wpay_id_long = event.detail.id;
}
console.log(cf7wpay_id_long);
var cf7wpay_id = event.detail.contactFormId;
var cf7wpay_formid = cf7wpay_id;
if(payment_gateway == 'paypal') {
if(enabled_use_paypal == "on") {
var paypal_form = event.detail.apiResponse.paypal_form;
jQuery('body').append(paypal_form);
setTimeout(function() {
jQuery( "#cf7wpay_paypal" ).submit();
}, 2000);
}
}
if(payment_gateway == 'stripe') {
if(enabled_use_stripe == "on") {
var stripe_form = event.detail.apiResponse.stripe_form;
setTimeout(function() {
jQuery('#'+cf7wpay_id_long).html(stripe_form);
if (jQuery('.cf7wpay_stripe').length ) {
var stripe = Stripe(event.detail.apiResponse.stripe_pubkey);
var elements = stripe.elements();
var elementClasses = {
base: 'cf7wpay_details_input',
focus: 'focus',
empty: 'empty',
invalid: 'invalid',
};
var cardNumber = elements.create('cardNumber', {
classes: elementClasses,
placeholder: "\u2022\u2022\u2022\u2022 \u2022\u2022\u2022\u2022 \u2022\u2022\u2022\u2022 \u2022\u2022\u2022\u2022",
});
cardNumber.mount('#cf7wpay_stripe_credit_card_number');
var cardExpiry = elements.create('cardExpiry', {
classes: elementClasses,
placeholder: "\u2022\u2022 / \u2022\u2022",
});
cardExpiry.mount('#cf7wpay_stripe_credit_card_expiration');
var cardCvc = elements.create('cardCvc', {
classes: elementClasses,
placeholder: "\u2022\u2022\u2022",
});
cardCvc.mount('#cf7wpay_stripe_credit_card_csv');
var cardPostalCode = elements.create('postalCode', {
classes: elementClasses,
placeholder: "\u2022\u2022\u2022\u2022\u2022",
});
cardPostalCode.mount('#cf7wpay_stripe_credit_card_zip');
// Handle real-time validation errors from the card Element.
cardNumber.addEventListener('change', function(event) {
var displayError = document.getElementById('card-errors');
if (event.error) {
displayError.textContent = event.error.message;
} else {
displayError.textContent = '';
}
});
cardExpiry.addEventListener('change', function(event) {
var displayError = document.getElementById('card-errors');
if (event.error) {
displayError.textContent = event.error.message;
} else {
displayError.textContent = '';
}
});
cardCvc.addEventListener('change', function(event) {
var displayError = document.getElementById('card-errors');
if (event.error) {
displayError.textContent = event.error.message;
} else {
displayError.textContent = '';
}
});
cardPostalCode.addEventListener('change', function(event) {
var displayError = document.getElementById('card-errors');
if (event.error) {
displayError.textContent = event.error.message;
} else {
displayError.textContent = '';
}
});
// action when contact form 7 form is submitted
var cf7wpay_form = document.getElementById('cf7wpay-payment-form');
cf7wpay_form.addEventListener('submit', function(event) {
var cf7wpay_id_long = jQuery('.cf7wpay_stripe').closest('.wpcf7').attr("id");
var cf7wpay_formid = cf7wpay_id_long.split('f').pop().split('-').shift();
var cf7wpay_email = stripe_email;
var cf7wpay_stripe_return = stripe_suc_url;
jQuery('#stripe-submit').attr("disabled", "disabled");
jQuery('#stripe-submit').val(stripe_procs_pay_txt);
event.preventDefault();
stripe.createToken(cardNumber).then(function(result) {
// console.log(result);
if (result.error) {
var errorElement = document.getElementById('card-errors');
errorElement.textContent = result.error.message;
jQuery('#stripe-submit').removeAttr("disabled");
jQuery('#stripe-submit').val(stripe_amount_text);
} else {
var cf7wpay_data = {
'action': 'cf7wpay_stripe_charge',
'token': result.token,
'cf7wpay-security': 'a1fce062ff',
'id': cf7wpay_formid,
'email': cf7wpay_email,
'pay_amount': stripe_pay_amount,
'stripe_insert_id': stripe_insert_id
};
jQuery.ajax({
type: "POST",
data: cf7wpay_data,
dataType: "json",
url: 'https://pressreleasenetwork.com/site/wp-admin/admin-ajax.php',
xhrFields: {
withCredentials: true
},
success: function (result) {
if (result.response == 'completed') {
if (cf7wpay_stripe_return) {
window.location.href = cf7wpay_stripe_return;
} else {
jQuery('#'+cf7wpay_id_long).html(result.html_success);
}
} else {
jQuery('#card-errors').html(stripe_pay_fail_text);
jQuery('#stripe-submit').removeAttr("disabled");
jQuery('#stripe-submit').val(stripe_amount_text);
}
}
});
}
});
});
};
}, 1500);
}
}
}, false );
(function () {
var c = document.body.className;
c = c.replace(/woocommerce-no-js/, 'woocommerce-js');
document.body.className = c;
})();
var buttonizer_data = {"plugin":"buttonizer","status":"success","result":[{"data":{"name":"New group","show_mobile":true,"show_desktop":true,"id":"abf0ea79-2eb0-422c-9c78-8e46142a64f7","label":"Contact Us","vertical":"bottom: 10%;","horizontal":"left: 5%;"},"buttons":[{"name":"WhatsApp button","show_mobile":true,"show_desktop":true,"id":"65de0542-d2b3-4153-9481-3b4d1ef74665","type":"whatsapp","action":"+971506449103","text_body":"Hello from the Press Release Network website. I want to know more about ","label":"Let's Connect!","background_color":"rgba(173, 37, 49, 1);rgba(37, 211, 102, 1)","icon":"fab fa-whatsapp","icon_size":25,"icon_image_size":25,"label_font_size":18}]}],"warning":[],"premium":""};
var buttonizer_ajax = {"ajaxurl":"https:\/\/pressreleasenetwork.com\/site\/wp-admin\/admin-ajax.php","version":"2.5.2","buttonizer_path":"https:\/\/pressreleasenetwork.com\/site\/wp-content\/plugins\/buttonizer-multifunctional-button","buttonizer_assets":"https:\/\/pressreleasenetwork.com\/site\/wp-content\/plugins\/buttonizer-multifunctional-button\/assets\/","base_url":"https:\/\/pressreleasenetwork.com\/site","current":[],"in_preview":"","is_admin":"","cache":"1f99b303769ea6e63c3a7109946c612b","enable_ga_clicks":"1"};
var wpcf7 = {"apiSettings":{"root":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/contact-form-7\/v1","namespace":"contact-form-7\/v1"},"cached":"1"};
var cf47rsVars = {"var":{"ajaxUrl":"https:\/\/pressreleasenetwork.com\/site\/wp-admin\/admin-ajax.php","themeUrl":"https:\/\/pressreleasenetwork.com\/site\/wp-content\/themes\/realtyspace","siteUrl":"https:\/\/pressreleasenetwork.com\/site","isFallback":true}};
var cf47rsVars = {"option":[],"var":{"enableAuth":false,"isLoggedIn":false,"isCustomMarker":false,"customMarkerWidth":24,"customMarkerHeight":47,"customMarkerIcon":"","autocompleteRegion":"worldwide","isPreloaderEnabled":false,"fixedMenu":false,"fixedMenuOffset":"97","isCustomizer":false,"isScrollupEnabled":true,"isRtl":false,"isInputStyleRange":true,"ajaxUrl":"https:\/\/pressreleasenetwork.com\/site\/wp-admin\/admin-ajax.php","themeUrl":"https:\/\/pressreleasenetwork.com\/site\/wp-content\/themes\/realtyspace","siteUrl":"https:\/\/pressreleasenetwork.com\/site","isFallback":false},"activeWidgets":{"search":{"search-2":[]},"cf47rs-recent-posts":{"cf47rs-recent-posts-2":{"loadMore":true,"totalPages":703,"ajaxLoad":false}},"custom_html":{"custom_html-3":[]},"archives":{"archives-2":[]},"categories":{"categories-2":[]},"meta":{"meta-2":[]}},"messages":[],"i18n":{"numberAbbr":["k","m","b","t"],"defaultError":"An error occured. Please contact website administrator","dictDefaultMessage":"Drop files here to upload","dictFallbackMessage":"Your browser does not support drag'n'drop file uploads.","dictFallbackText":"Please use the fallback form below to upload your files like in the olden days.","dictInvalidFileType":"You can't upload files of this type.","dictResponseError":"Server responded with {{statusCode}} code.","dictCancelUpload":"Cancel upload","dictCancelUploadConfirmation":"Are you sure you want to cancel this upload?","dictRemoveFile":"Remove file","dictMaxFilesExceeded":"You can not upload any more files."},"initField":[],"initModules":[],"route":{"register":"https:\/\/pressreleasenetwork.com\/site\/wp-admin\/admin-ajax.php?action=cf47rs_register&_ajax_nonce=d0297dd0db","login":"https:\/\/pressreleasenetwork.com\/site\/wp-admin\/admin-ajax.php?action=cf47rs_login&_ajax_nonce=6b3d825ed0","switchAreaUnit":"https:\/\/pressreleasenetwork.com\/site\/wp-admin\/admin-ajax.php?action=cf47rs_switch_area_unit&_ajax_nonce=4fe329c90d","propertyMapSearch":"https:\/\/pressreleasenetwork.com\/site\/wp-admin\/admin-ajax.php?action=cf47rs_property_map_search&_ajax_nonce=0d23ec056b"},"template":[]};
var wc_order_attribution = {"params":{"lifetime":1.0000000000000000818030539140313095458623138256371021270751953125e-5,"session":30,"base64":false,"ajaxurl":"https:\/\/pressreleasenetwork.com\/site\/wp-admin\/admin-ajax.php","prefix":"wc_order_attribution_","allowTracking":true},"fields":{"source_type":"current.typ","referrer":"current_add.rf","utm_campaign":"current.cmp","utm_source":"current.src","utm_medium":"current.mdm","utm_content":"current.cnt","utm_id":"current.id","utm_term":"current.trm","utm_source_platform":"current.plt","utm_creative_format":"current.fmt","utm_marketing_tactic":"current.tct","session_entry":"current_add.ep","session_start_time":"current_add.fd","session_pages":"session.pgs","session_count":"udata.vst","user_agent":"udata.uag"}};
