Our Story: Building Ethical Financial Services for the Modern Business World
Shokran was founded in 2023, obtaining an MSB license in Canada as the first Islamic payment system for small and medium-sized businesses (SMEs)
Shokran was founded in 2023, obtaining an MSB license in Canada as the first Islamic payment system for small and medium-sized businesses (SMEs)
Is to provide fully Sharia Compliant financial services as many SMEs as we can
Responsible for strategy and vision. Expert in financial product development with over 17 years of experience in banking and fintechs with, including 7 years in Islamic finance. Successfully owned a company with an annual turnover exceeding $400 million. Graduated from the Islamic Finance program at AlHuda Cibe.
Responsible for operating and scaling. Expert in quickly launching businesses and growing them with over 4 years experience in banking and fintechs, including 3 years in Islamic finance. Successfully owned a fintech/e-comm company with annual turnover of $100 million.
Company founded, obtained MSB license in Canada
Conducted the first external AML audit to ensure compliance with regulatory standards
Obtained the first 50 clients and automated the registration process via Sumsub
The team has reached 50 people
Expanded international presence by obtaining a Money Broking and PSO license in Labuan, opening new opportunities for global growth
Launched a demo version of the portal for clients to test the system
Company founded, obtained MSB license in Canada
Conducted the first external AML audit to ensure compliance with regulatory standards
Obtained the first 50 clients and automated the registration process via Sumsub
The team has reached 50 people
Expanded international presence by obtaining a Money Broking and PSO license in Labuan, opening new opportunities for global growth
Launched a demo version of the portal for clients to test the system
Shokran continues its active expansion, offering innovative solutions in Islamic finance. We are gradually transforming from Payment System to Islamic Neobank.
We are committed to making ethical financial services accessible to businesses worldwide while ensuring transparency, security, and compliance with international standards.