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Islamic fintech needs conducive ecosystem for exponential growth
22 Mar 2022 | Tuesday The Malaysian Reserve
The global Islamic fintech market needs a conducive ecosystem in order to achieve exponential growth potential, according to Maybank chairman Tan Sri Zamzamzairani Mohd Isa.
He said recent research conducted by Maybank Islamic and IslamicMarkets.com in February 2022 among leading Islamic finance professionals revealed that nearly 90% of respondents indicated fintech has already accelerated the digitisation of Islamic finance products.
He added the research also revealed that fintech has made them more accessible globally while redefining client experiences.
“This goes to prove that despite Islamic fintech is still in its early stages of progress.
