null Malaysia ready to become a global leader in Islamic fintech
Malaysia ready to become a global leader in Islamic fintech
3 Jan 2022 | Monday source : The Edge Markets
The Islamic fintech sector is undergoing rapid digitalisation, matching the speed of the digital transformation of the global finance industry.
According to Dinar Standard’s Global Islamic Fintech Report 2021, the Islamic fintech market is projected to grow to US$128 billion (RM542 billion) by 2025. Last year, the Islamic fintech transaction volume within the Organisation of Islamic Cooperation (OIC) countries was estimated at US$49 billion.