FinTech in Islamic Financial Institutions
FinTech in Islamic Financial Institutions This book explores several challenges facing FinTech in Islamic financial institutions. This 'size' puzzle may create a challenge for Islamic financial…
Specifikacia FinTech in Islamic Financial Institutions
FinTech in Islamic Financial Institutions
This book explores several challenges facing FinTech in Islamic financial institutions. This 'size' puzzle may create a challenge for Islamic financial institutions that are of smaller size and from technologically less-developed countries. Firstly, large banks and financial institutions in countries with updated and innovative technological channels will earn the technology arbitrage from FinTech.
Moreover, the level of awareness of the emerging FinTech services (i.e., bitcoin, blockchain, etc.) remains extremely poor even among the residents of technologically-advanced countries. Secondly, while access to FinTech is getting broader day by day, usage of FinTech is still limited due to personal and governance-related limitations. Thirdly, use of FinTech by Islamic financial institutions is limited to Islamic banking, to users from developed countries, among young customers, and for a
FINANCIAL MARKETS & INSTITUTIONS