Kinexys lands its first Qatari Islamic bank as Dukhan Bank goes live

Dukhan Bank became part of J.P. Morgan’s Blockchain Deposit Account network, Kinexys, on August 3, 2026. It is the first Sharia-compliant lender in Qatar to operate on the system.

The move provides the bank’s corporate and institutional clients with around-the-clock cross-border settlement and expands J.P. Morgan’s already sizable presence among Gulf banks.

Dukhan Bank taps Kinexys for 24/7 settlement

Kinexys keeps cross-border payments open around the clock. There’s no rest for weekends or public holidays, the bank’s press release said. A settlement rail that never closes removes a standing constraint for treasury desks with money in many time zones.

Dukhan Bank, one of Qatar’s leading Sharia-compliant banks, said the launch was part of a wider digital push.

“Going live on Kinexys’ Blockchain Deposit Account network reflects Dukhan Bank’s commitment to delivering innovative, Sharia-compliant solutions that respond to the evolving needs of our clients,” said Ahmed I. Hashem, the bank’s acting Group CEO. He continued that the technology sharpens “the speed, transparency, and efficiency of cross-border payments.”

… Continue reading the full article at the original source below.