Dukhan Bank has officially gone live on Kinexys, J.P.
Morgan's blockchain-based deposit account network, marking a first for Islamic banking in Qatar.
The implementation integrates the lender into a next-generation payments infrastructure that leverages distributed ledger technology to streamline cross-border transactions and liquidity management.
The launch underscores a broader shift toward digital asset infrastructure within the region's financial sector.
By adopting Kinexys, Dukhan Bank positions itself at the forefront of technological modernization among Sharia-compliant lenders, potentially reducing settlement times and operational costs associated with traditional correspondent banking networks.
This development follows Dukhan Bank's recent expansion of its corporate financing activities.