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Islamic Fintech

Islamic fintech needs conducive ecosystem for exponential growth

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Islamic fintech needs conducive ecosystem for exponential growth

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.

22 Mar 2022

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Islamic fintech is primed for growth in 2022

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Islamic fintech is primed for growth in 2022

Fintech’s ability to maintain consistently high growth demonstrates the long-term scalability of the sector. Challenger banks have demonstrated how technology can be leveraged to enhance the delivery of financial services for consumers, investors, and banks. While these challenger entities command a growing market share, big banks are also embracing the advantages of digital transformations to ensure they can meet the changing demands of their clients.​

31 Jan 2022

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Malaysia ready to become a global leader in Islamic fintech

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Malaysia ready to become a global leader in Islamic fintech

The Islamic fintech sector is undergoing rapid digitalisation, matching the speed of the digital transformation of the global finance industry.

03 Jan 2022

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Fintech and the rise of Islamic finance

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Fintech and the rise of Islamic finance

When it comes to fintech innovation, most conversations typically revolve around the diversification of a sector once dominated by legacy institutions.

24 Dec 2021

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Labuan IBFC could expand Malaysia’s Islamic fintech

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Labuan IBFC could expand Malaysia’s Islamic fintech

The Labuan International Business and Financial Centre (Labuan IBFC) can become a platform to expand Malaysia’s capabilities in digital Islamic finance and the government is prepared to collaborate with relevant stakeholders to realise the goal, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said.

17 Dec 2021

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RM16b worth of digital asset traded in Malaysia as of last month

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RM16b worth of digital asset traded in Malaysia as of last month

OVER 300,000 new accounts have been opened on digital assets trade in Malaysia worth RM16 billion in value as at September 2021, despite market uncertainties, said Securities Commission (SC) chairman Datuk Syed Zaid Albar.

28 Oct 2021

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Southeast Asia fintech opportunity pushes startup valuations further up

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Southeast Asia fintech opportunity pushes startup valuations further up

Southeast Asia’s large population of unbanked and growing Internet penetration make it a hotbed for fintech innovation and an attractive market for e-wallets and neobanks.

20 Oct 2021

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Sedania unit inks deal to bid for digital Islamic bank licence

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Sedania unit inks deal to bid for digital Islamic bank licence

Sedania Innovator Bhd unit Sedania As Salam Capital Sdn Bhd (SASC) has inked a memorandum of understanding with FCA Capital Sdn Bhd in its bid for a digital Islamic bank licence from Bank Negara Malaysia (BNM).

15 Oct 2021

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iFintechs are taking Southeast Asia by storm

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iFintechs are taking Southeast Asia by storm

iFintechs, or, Islamic fintechs, are seeing rapid growth and opportunities in Southeast Asia. Malaysia, an ASEAN emerging economy of 32 million, was named the leader in the iFintech hubs maturity model. The ASEAN nation of 32 million boasts high growth and high conduciveness, according to the 2021 Global Islamic Fintech Report. 

05 Oct 2021

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