Orchid real estate signs a partnership agreement with Zamzam currency to accept payments in digital currencies

Orchid real estate signs a partnership agreement with Zamzam currency to accept payments in digital currencies

Orchid, a real estate development and construction company located in the Kingdom of Bahrain (Orchid), and Zamzam Currency Company, the world’s first Sharia-compliant digital currency (Zamzam), signed a partnership agreement enabling Orchid to accept payments using digital currencies.

The agreement was signed on the sidelines of Cityscape Bahrain, the largest real estate Expo in the Middle East, and makes Orchid the second major real estate company to accept payments in Zamzam currency. It also provides Orchid with access to “Crypto Concierge”, a new service provided by Zamzam, which facilitates the ability of its users to enter the world of digital currencies, by allowing them to accept payments in four global digital currencies: including Bitcoin, Ethereum, USDC, and ZAMZAM. Orchid will also benefit from a portfolio management service offered by Zamzam, which includes the provision of cybersecurity technologies, corporate accounting via its accounting partner MM Fakhro Accounting, and the provision of accredited auditing services.

Dr. Bashar Ahmadi, Managing Director of Orchid, said: “Today we’re pleased to announce the partnership with the Zamzam currency, one of the most important currencies in the Arab region, and one that is compatible with Islamic Sharia.” The currency is an important advancement in Islamic Fintech, led by His