Leveraging Islamic Fintech to Improve Financial Inclusion
Islamic finance is a fast-booming segment of global finance. Serving a core population of 1.8 billion Muslims world-wide and a wider global ethical finance audience, its role is growing in global significance especially as it relates to global social financing needs. The global fintech revolution is having a similar impact for Islamic finance through the evolution of a nascent Islamic fintech ecosystem. The purpose of this report is to evaluate the global developments in the area of fintech solutions by Islamic financial institutions (IFIs) and its impact on financial inclusion within its core markets. The core audience of this report are financial services institution leadership, and government policymakers, especially across the core markets of Islamic finance.
Main Author: | |
---|---|
Format: | Report biblioteca |
Language: | English |
Published: |
World Bank, Kuala Lumpur
2020-10
|
Subjects: | COMBATING THE FINANCING OF TERRORISM, ACCESS TO FINANCE, FINANCIAL SERVICES, ISLAMIC FINANCE, FINANCIAL TECHNOLOGY, FINTECH, FINANCIAL INSTITUTIONS, FINANCIAL INCLUSION, SOCIAL FINANCE, |
Online Access: | http://documents.worldbank.org/curated/en/384361600877094703/Leveraging-Islamic-Fintech-to-Improve-Financial-Inclusion https://hdl.handle.net/10986/34520 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Summary: | Islamic finance is a fast-booming
segment of global finance. Serving a core population of 1.8
billion Muslims world-wide and a wider global ethical
finance audience, its role is growing in global significance
especially as it relates to global social financing needs.
The global fintech revolution is having a similar impact for
Islamic finance through the evolution of a nascent Islamic
fintech ecosystem. The purpose of this report is to evaluate
the global developments in the area of fintech solutions by
Islamic financial institutions (IFIs) and its impact on
financial inclusion within its core markets. The core
audience of this report are financial services institution
leadership, and government policymakers, especially across
the core markets of Islamic finance. |
---|