Global Halal, Islamic Finance News At Your Fingertips
eCommerce is booming all over the world. The on-going COVID-19 pandemic has made online businesses all the more ubiquitous among buyers. Millions of new customers have joined the bandwagon of eCommerce after the pandemic started early this year. Most eCommerce companies have been reporting massive increases in their sales revenues. Embedded finance has been playing …
What Is The Role Of Embedded Finance In The Growth Of Islamic Fintech?Read More
Abu Dhabi Islamic Bank (ADIB) has launched a virtual sales platform that allows customers to communicate with the bank remotely and apply for personal finance products, covered cards, takaful products, and other banking solutions from the comfort of their homes. This is the first-ever virtual sales platform offered by a financial institution in the UAE. …
ADIB Launches UAE`s First-Ever Virtual Sales PlatformRead More
Fintech, according to financial analysts, is a viable platform that can be leveraged to boost Islamic Finance in Nigeria. Mr. Muhammad Jidda, Head Shari’ah Audit and Product Development, SunTrust Bank Nigeria Limited, expressed the opinion in a recent conversation on developments around the non-interest finance market in the country. According to him, the pathway is …
Fintech Can Promote Islamic Finance In Nigeria, JiddaRead More
The roll-out of shariah-based digital financial products will deepen Islamic Finance in Nigeria. Mr. Fahad Siddiqui, Co-Founder and Chief Operating Officer of TAIF Digital Institute for Islamic Finance in Toronto Canada gave this opinion as a guest on WebTV’s Islamic Finance Weekly program. According to him, there has been a lot of discussion in Nigeria …
Islamic Fintech Playing An Important Role In AfricaRead More
Islamic Banks all over the world have been adopting financial technologies to streamline their business operations. This was stated by a panel of experts during an online seminar conducted by the first Virtual InFocus Session organized by Bahrain-based General Council for Islamic Banks and Financial Institutions (Cibafi), a global umbrella of Islamic financial institutions. Successfully …
Fintech Playing A Crucial Role In The Growth Of Islamic Banking IndustryRead More
Islamic financial technology firms, or Islamic fintechs, are moving center stage in the global Islamic finance industry when it comes to innovation and serving unmet needs in Muslim populations around the world. These are some of the core findings of the newly-released Global Islamic Fintech Report 2019 produced by UK-based digital finance advisory firm Elipses …
In 2015, Junaid Wahedna stepped out of a taxi in New York, bewildered by the conversation he had just had with the driver. The young financial analyst’s cabbie, and fellow Muslim, said he had recently sought financial advice from his imam. This is not unusual behavior: every day, Islam’s spiritual leaders are called upon to …
Islamic Fintech Pioneers Test Creative Ways to Engage ConsumersRead More
