Press Release
Europe’s First Accredited Sharia-Compliant Prop Firm Expands Into Saudi Arabia
United Kingdom, 30th Jul 2026 – KM Global Capital, the Manchester-headquartered proprietary trading firm recognized as one of Europe’s first accredited Sharia-compliant prop trading firms, is expanding its operations into Saudi Arabia, extending its swap-free, interest-free trading model to one of the world’s fastest-growing Islamic finance markets.

The firm launched in the United Kingdom offering funded trading accounts of up to 400,000 US dollars, built around a swap-free, riba-free structure designed to meet Islamic finance principles without compromising on modern trading conditions. Its Sharia compliance accreditation, granted by Compliance, has positioned KM Global Capital as a distinct player in a European prop trading industry that has grown rapidly but offered few genuinely compliant options for Muslim traders. The expansion into Saudi Arabia marks the company’s first major move beyond the UK market.
Founded by a 26-year-old entrepreneur, KM Global Capital was built to close a gap the founder identified firsthand: most prop firms attach swap-free features to a conventional account as an afterthought, rather than building compliance into the product from the start. Saudi Arabia, home to one of the largest Islamic finance sectors in the world and a fast-growing base of active retail traders, represents a natural next step for a firm built around that principle.
A Proven Track Record
KM Global Capital enters Saudi Arabia with an established payout record behind it. The firm has paid out more than 30 million US dollars to traders across more than 170 countries, sending over 46,900 payouts to date, with 99.99 percent of those payouts processed within one hour.
That processing speed, rare in an industry where traders often wait days for compliance checks and manual approval, forms a central part of the firm’s pitch as it expands into a new region.
Why This Expansion Matters
Saudi Arabia’s financial markets have opened significantly to retail participation in recent years, and demand for trading products that align with Islamic finance principles remains strong across the region. Many international prop firms operating in the Gulf still rely on modified conventional accounts rather than structures built specifically around Sharia compliance. By entering the market with an accreditation already in place, KM Global Capital is positioning itself to serve traders who have previously had to choose between compliant products and access to competitive funding and trading conditions.
The firm’s core offer remains consistent across both markets. Traders who pass its evaluation process can be funded with up to 400,000 US dollars in trading capital through a 1-Step Core Challenge, a single-phase evaluation that avoids the multi-stage structures common at many prop firms. Funded accounts start with leverage of 1 to 200, upgradeable to 1 to 400, and the firm does not apply a trailing drawdown or a consistency rule, two mechanics widely criticized elsewhere in the industry for penalizing strong trading performance rather than rewarding it. Traders can fund accounts and receive payouts using either card or bank transfer.
Building a Compliant Alternative
KM Global Capital says the expansion is a direct extension of the model it built in the UK rather than a market-specific adaptation. Every account remains swap-free by default, with no separate Islamic account tier bolted onto a conventional product. That consistency, the company says, is central to its pitch to traders in Saudi Arabia and across the wider region: a funded trading firm where compliance is accredited and structural, not optional or self-certified.
As the firm establishes its presence in Saudi Arabia, KM Global Capital says further regional developments, including local partnerships and account offerings tailored to the market, are expected to follow.
About KM Global Capital

KM Global Capital is a proprietary trading firm headquartered in Manchester, United Kingdom, recognized as one of Europe’s first accredited Sharia-compliant prop trading firms. The company provides funded trading accounts of up to 400,000 US dollars through swap-free, interest-free account structures, combined with a streamlined 1-Step Core Challenge and leverage up to 1 to 400. The firm has paid out more than 30 million US dollars to traders in over 170 countries through more than 46,900 payouts, with 99.99 percent processed within one hour. The company is expanding its operations into Saudi Arabia.
Media Contact
Organization: KM Global Capital
Contact Person: Amy (Marketing)
Website: https://kmglobalcapital.com/
Email: Send Email
Country:United Kingdom
Release id:47715
The post Europe’s First Accredited Sharia-Compliant Prop Firm Expands Into Saudi Arabia appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Beyond the $40 Billion RWA Headline: Drofa Comms × RWA Summit Report Identifies Four Challenges for 2027
London, The United Kingdom, November 3rd, 2026, FinanceWire
The value of distributed tokenised real-world assets (RWAs) approached $40 billion by 13 October 2026, according to RWA.xyz. At the beginning of the year, though, it stood at approximately $21.5 billion, according to Binance Research. Yet, despite this near-doubling in value, the figures say little about how easily investors can trade these assets, use them as collateral or exercise their rights in cross-border transactions.
This divergence between issuance and real-world use is the outset for “Tokenise First, Figure It Out Later: The RWA Dilemma”, a new report from Drofa Comms in collaboration with RWA WEEK, organiser of RWA Summit Singapore 2026. Drawing on discussions at the 9 October summit, where Drofa Comms participated as a media partner of RWA WEEK, the report examines what it takes for tokenised assets to develop functioning markets, meet legal requirements and deliver measurable financial benefits.
Looking ahead to 2027, Drofa Comms identifies four indicators that offer a more useful measure of RWA market maturity than the total value of assets issued on-chain:
- Secondary-market activity: Trading depth and turnover, alongside realistic opportunities for investors to sell tokens after issuance.
- Institutional capital efficiency: Measurable reductions in pre-funding requirements and the ability to use tokenised holdings as collateral.
- Legal certainty: Enforceable ownership and redemption rights, including workable arrangements for cross-border transactions.
- Commercial sustainability: Repeat customer activity and revenues sufficient to support viable services.
The report scrutinises how regulatory requirements differ between jurisdictions, what it takes to develop genuine secondary markets and how tokenised assets may function as collateral. It also examines institutional and everyday payments, from reducing pre-funded balances through stablecoin settlement to connecting digital assets with payment cards.
“The RWA industry faces a test of maturity. As the value of tokenised assets grows, the question is how much of that growth translates into functioning markets, wider use by financial institutions and measurable economic benefits. Issuance figures alone cannot be the answer. At Drofa Comms, we believe that the industry’s development also depends on how openly companies address the challenges involved. Investors and financial institutions need enough information to assess both the opportunities and the limitations of tokenisation,” said Valentina Drofa, Founder & CEO of Drofa Comms.
Beyond investment products, the report also highlights how digital assets are already being used in traditional industries.
“Everyone is talking about the tokenization of financial products and real estate, but the real movement is happening in industries you probably wouldn’t expect. Think trade finance operators, the shipping industry, or precious metals mining businesses. They are already using stablecoins for cross-border transactions and understand why instant settlement is better than T+2.” said Ivan V. Ivanov, Founder of UVECON.VC, UVC GROUP and RWA WEEK commented on these developments.
The report draws on perspectives from speakers and experts affiliated with TRM Labs, Galaxy, Sygnum Bank, Nethermind, Spartan Group, Theoriq, Reap, KAST, Algebra / Theorem, Drofa Comms and other organisations.
Read the full report: https://www.drofa-ra.com/rwa-summit-singapore-2026-drofa-comms-rwa-week-report/
About Drofa Comms
Founded in 2011, Drofa Comms is a London-headquartered PR agency specialising in finance, fintech and blockchain communications. The agency has worked with more than 1,000 companies worldwide and has a team of over 30 professionals and advisers. Its proprietary initiatives include Women Leading the Way, Crypto Edu and Communicate Fintech.
About RWA WEEK and RWA Summit
RWA WEEK is an international industry initiative dedicated to real-world asset tokenisation and its applications in finance and business. Its Singapore 2026 edition included RWA Summit Singapore on 9 October, bringing together financial institutions, investors and digital-asset companies to discuss market developments, emerging use cases and barriers to adoption.
Contact
Drofa Comms
info@drofa-ra.co.uk
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
MELT Global Chooses Sharjah as Headquarters for Its Operations
SHARJAH, UAE, November 3rd, 2026, As part of its efforts to strengthen strategic partnerships and expand cooperation with global companies, Sharjah Asset Management, the exinvestment arm of the Government of Sharjah, has signed a Memorandum of Understanding (MoU) with MELT Global to strengthen collaboration and explore new opportunities that support the shared priorities and objectives of both parties. The agreement reflects Sharjah’s appeal as an investment destination and reinforces its position as an economic hub offering an integrated business environment that supports the establishment, growth and regional expansion of businesses.

The MoU was signed by H.E. Dr Waleed Al Sayegh, Chief Executive Officer of Sharjah Asset Management, and Steve Harvey, Owner and Founder of MELT Global, in the presence of representatives from both parties.
The MoU outlines MELT Global’s plans to relocate its regional headquarters to Thara, the latest development owned by Sharjah Asset Management in the emirate. This step reflects both parties’ commitment to expanding their cooperation and capitalising on available opportunities and potential, supporting their future ambitions and opening new avenues for collaboration.
The move also reflects MELT Global’s confidence in Sharjah’s competitive advantages, including its attractive investment environment, advanced infrastructure, and integrated operational capabilities and logistics services, which cater to businesses’ needs, enhance operational efficiency and support their expansion.
H.E. Dr Waleed Al Sayegh said: “At Sharjah Asset Management, our investment vision is centred on developing assets and enhancing their ability to attract economic activities and strategic partnerships, creating new growth opportunities and maximising the value of our projects. We are also committed to building high-quality partnerships that attract expertise, open new avenues for cooperation and foster integration across different sectors.
“We welcome this partnership with MELT Global and look forward to its presence at Thara adding value to the business ecosystem. We believe this MoU will create new opportunities for collaboration and the development of joint initiatives that fulfil both parties’ ambitions and support sustainable growth. This aligns with our vision of developing sustainable investments that contribute to diversifying Sharjah’s economy and strengthening its presence across the business, media and creative industries.”
The MoU reflects both parties’ commitment to building a sustainable collaborative relationship, leveraging their respective expertise and capabilities, and exploring strategic opportunities to develop joint areas of work and initiatives that deliver added value to both sides. It also forms part of their broader efforts to strengthen effective partnerships and maximise synergies, supporting further development and growth opportunities while deepening cooperation across areas of mutual interest.
MELT Global’s decision to choose Sharjah reflects the emirate’s strong economic and investment fundamentals, which reinforce its position as a centre for business and investment. This is underpinned by the diversity of its economic sectors, the development of its infrastructure and operational capabilities, as well as the availability of logistics services and business support solutions.
Sharjah also offers an environment that enables companies to capitalise on available opportunities, build relationships and establish partnerships that support the development of their activities and strengthen their presence in regional markets. Together, these advantages make the emirate an attractive destination for global companies seeking to establish operations and expand their business from Sharjah.
The selection of Thara to host MELT Global’s regional headquarters reflects the project’s ability to provide a business-friendly environment, supported by integrated facilities, services and operational capabilities. The company’s presence at Thara will also contribute to diversifying the range of activities hosted by the development, while creating opportunities for engagement and collaboration with organisations and institutions operating across the emirate and the wider region.
The MoU underscores both parties’ commitment to continuing to build sustainable strategic partnerships, leverage complementary expertise and capabilities, and explore new avenues for cooperation. This will contribute to creating added value for both parties, supporting development and growth, and further strengthening Sharjah’s position as an attractive destination for investment and business.
About Sharjah Asset Management
Sharjah Asset Management is the investment arm of the Government of Sharjah. It seeks to advance economic and social development and accelerate the emirate’s sustainable economic growth through partnerships with the public and private sectors, encouraging investment and promoting corporate social responsibility. This is achieved through the optimal use of resources, addressing the needs of the Sharjah community and ensuring sustainable well-being.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Made By WiFi Publishes a Free Year-End Guide to Help Offices Check Their WiFi Before Budgets Are Set
The six-step guide takes office managers and IT leads through a coverage, equipment and security audit, a site survey, and a budget request.
Long Island City, New York, United States, 3rd Nov 2026 – Made By WiFi, an enterprise wireless and event WiFi company, today published a free six-step guide that helps office managers, IT leads and operations teams review their office WiFi while budgets for the coming year are being planned.
Office WiFi is easy to ignore until it fails, but budget season is when it is easiest to fund. A written list of what is actually wrong, such as a conference room that drops calls or an access point that has been running since before the last office move, carries far more weight in a budget request than a general complaint that the network is slow.
The guide, “Year-End WiFi Checklist for Your Office,” breaks the review into six steps. The first four are a self-audit that a small office can complete in an afternoon: walking the space to note where the signal fails, taking stock of equipment and WiFi standards, checking security and guest access, and finding out who owns and monitors the network. Step five is a wireless site survey, which turns those observations into measurements. Step six puts the findings into a budget request.
The guide also explains why timing matters. Once a budget is set, new spending has to be justified against items already approved. A survey, a written recommendation, approval and installation each take time. And equipment bought without a survey tends to leave some rooms with too many access points and others with too few.
A site survey from Made By WiFi measures signal strength, coverage and interference, and produces a written report with coverage heatmaps, recommended access point positions and an equipment specification. The report is delivered in an industry-standard format and can be taken to any installer. Surveys are done on site in New York and New Jersey and remotely for businesses anywhere in the country. Businesses that are not ready for a survey can use Made By WiFi’s wireless network consulting for an independent view on what to do next.
The full guide is available at https://madebywifi.com/blog/year-end-office-wifi-checklist/.
About Made By WiFi
Made By WiFi designs, installs and supports enterprise wireless networks and provides WiFi for events. Since 2017, the company has helped businesses get reliable connectivity in offices, warehouses, hotels, healthcare facilities and temporary event spaces, with recommendations based on what each environment needs and not on a preferred brand. Hands-on work is delivered in New York and New Jersey, while wireless site surveys and 5G hotspot kit rentals are available to businesses across the United States. Learn more at https://madebywifi.com.
Media Contact
Organization: Made by Wifi
Contact Person: Alex Yakubov
Website: https://madebywifi.com/
Email: Send Email
Contact Number: +19177798071
Address: 40-09 21st St Suite 317, Long Island City, NY 11101
City: Long Island City
State: New York
Country: United States
Release id: 50446
View source version on King Newswire:
Made By WiFi Publishes a Free Year-End Guide to Help Offices Check Their WiFi Before Budgets Are Set
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
-
Press Release4 days ago
A Better Life Through Ai Wheel Mobility Scooter 20 inch Boarding Luggage: Airwheel Smart Carry on hand Luxury Cabin Suitcase Shine at the 140th Canton Fair
-
Press Release4 days ago
AIXONA Announces AI-Powered Transaction Optimization and Expansion into European and Canadian Markets
-
Press Release4 days ago
Soika Labs Launches Mockingjay Network, an Agentic AI Operating System That Lets Businesses Command Their Own AI Workforce
-
Press Release6 days ago
FinSight Ventures Launches $100 Million Physical AI Index Fund
-
Press Release6 days ago
Alex Cecola Highlights Why Investment Process Matters More Than Market Prediction for Long- Term Investors
-
Press Release4 days ago
Remittances to Uzbekistan Reach $18.9bn as OSON X Opens a UAE Money App for Central Asians
-
Press Release3 days ago
Aussie Vape Trend Scales Wholesale Supply Network Across Australia
-
Press Release4 days ago
Rossi Paola Vargas Daly Connects Public Health Research and Criminal Law
