Able Finance Launches AI-Native Stablecoin Platform for Sharia-Compliant Digital Assets

According to an interview published on July 2, Able Finance CEO Islam Shazhaev explained the company's strategy to capture the $4.93 trillion Islamic finance market by building proprietary stablecoin infrastructure rather than competing on payments alone. The platform combines an AI-native architecture with USDa, a Sharia-compliant stablecoin governed by an independent Islamic scholars board, designed to deliver yield while adhering to halal principles.

Shazhaev stated that existing stablecoins like USDC and USDT inherit interest-bearing reserve structures that many scholars consider non-compliant. Able's approach allows users to deposit stablecoins and earn halal yield directly within the app. The platform also features able.shield, an AI layer that actively manages card spending by monitoring subscriptions and canceling unwanted ones automatically, addressing a gap in passive neobank and crypto card offerings.