Greenpro Capital Receives Conditional Approval for Islamic Digital Bank with Fiat-Crypto Settlement

GRNQ
October 03, 2025

Greenpro Capital Corp. announced it has received conditional approval from the Labuan Financial Services Authority (Labuan FSA) to establish and operate a next-generation Islamic Digital Bank. This approval falls under the Guidelines on the Establishment of Islamic Digital Bank (i-BOX) within the Labuan International Business and Financial Centre framework.

This groundbreaking approval positions Greenpro to launch one of the world's first Shariah-compliant digital banks. The bank will be capable of accepting both fiat and cryptocurrency deposits, bridging traditional and digital financial ecosystems.

The establishment of this digital bank is a cornerstone of Greenpro's 'New Finance' strategy, aiming to drive future revenue growth and diversify income streams by tapping into the growing market for Shariah-compliant financial services that integrate digital assets.

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