Kuala Lumpur (6th October 2022): Islamic finance players keen on tapping into the fintech sector need to consider investment challenges, lack of awareness and regulatory considerations, said experts at Day 2 of the Global Islamic Finance Forum 2022. Daeng Saifullah Termizi, Co-founder and Chief Operating Officer of Kestrl said one of the hindrances to users…
Kuala Lumpur (6th October 2022): Islamic banks must work within the confines of a global system to boost market share and be strengthened through organic growth to ensure stability before radical reforms can be made, said experts at Day 2 of the Global Islamic Finance Forum 2022. The panelists were discussing various points at a…
Kuala Lumpur (6th October 2022): Three change-makers in Islamic Finance, three women, three different career and life journeys. This was the focus of a panel discussion on Day 2 of the Global Islamic Finance Forum 2022. Nadia Ismadi is the co-founder and CEO of Pod, an ethical finance platform, which enables the underserved and gig…
Kuala Lumpur (6th October 2022): The industry players in the ecosystem, including the emerging players are ready to collaborate in fully unlocking the fundamental values of Islamic finance, a common takeaway of all the panellists at the wrap up session of the 2-day Global Islamic Finance Forum (GIFF) 2022. Adnan Zaylani Mohamad Zahid, Assistant Governor,…
Kuala Lumpur (6th October 2022): Halal technology has enormous growth potential over the next decade. However, in order to realise this potential, venture capitalists and institutional investors must fund halal technology firms. That was the considered opinion of both panellists on Day 2 of the Global Islamic Finance Forum 2022. In a panel discussion titled,…
Kuala Lumpur (6th October 2022): “Finance has to serve the real economy, which in turn, must serve a progressive and just society most of all, and in it, is our role and moral duty to demonstrate the power of Islamic finance in addressing the biggest challenges facing society today.” That was the call-out to the…
Kuala Lumpur (6th October 2022): Two prominent Shariah scholar unravelled whether modern assets in the likes of cryptocurrencies and NFTs (non-fungible tokens) are halal or haram for Muslims at Day 2 of the Global Islamic Finance Forum 2022. In the panel discussion titled, A Shariah Take on Metaverse Assets, Cryptocurrency & the Future of Value…
Kuala Lumpur (5th October 2022): Islamic finance is well suited to helping countries in both the emerging and developed world to move towards a more sustainable future, with technology acting as a key enabler. That was the conclusion of a wide-ranging panel discussion about value-based investing and sustainability at the Global Islamic Finance Forum 2022.…
Kuala Lumpur (5th October 2022) Funding gaps for socially impactful goals or projects can be addressed from the Islamic finance sector, with support of a strong information architecture, experts say at the final session of Day 1 of the Global Islamic Finance Forum 2022. In the panel discussion titled, The pathway to mobilising Islamic Social…
Kuala Lumpur (5th October 2022): Malaysian financial institutions must be agile, speedy, and adaptable when embracing the challenges of digitising financial products for the changing consumer, say experts at a panel session sponsored by Al Rajhi Bank Malaysia during the Global Islamic Finance Forum 2022. All four panellists, who are experts in digital banking and…
Kuala Lumpur (5th October 2022): The move towards an open finance ecosystem is an inevitable process for Islamic finance, and one which is positive for consumers. This was the consensus view of a panel discussion on “The journey from Open Banking to Embedded Finance” at this year’s Global Islamic Finance Forum. The open banking movement…
84 per cent of Islamic finance professionals predict growth over the next five yearsmatically (Kuala Lumpur) 4th October 2022 – New research* with leading Islamic finance professionals shows they believe developments in fintech and digitalisation will be a major contributor to growth in the annual financial value of Zakat, as well as voluntary giving such…
41 per cent of Islamic finance professionals expect investment to increase dramatically (Kuala Lumpur) 3rd October 2022– The strong growth of the Islamic finance sector is proving increasingly attractive to private equity (PE) and venture capital (VC) investors, new research* with leading Islamic finance professionals shows. The research was conducted by IslamicMarkets.com, a leading platform…
Greater standardisation and regulation needed for global expansion of market (Kuala Lumpur) 29TH September 2022 – Islamic finance professionals believe the green sukuk market is set for take off as demand builds, but global expansion will require greater standardisation and regulation, new research* shows. The research was conducted by IslamicMarkets.com, a leading platform that provides…
Professionals believe digitalisation will speed up the adoption of open banking and Islamic finance Kuala Lumpur, 27TH September 2022 – New research* with leading Islamic finance professionals is predicting a dramatic increase in the digitalisation of the sector as spending on technology and new digital financial services surges. The research was conducted by IslamicMarkets.com, a…
Improvements in regulation are starting to convince the sceptics, research shows Kuala Lumpur (21st September 2022) – New research* with leading Islamic finance professionals shows growing acceptance of crypto and digital assets and rising interest in the Metaverse. The research was conducted by IslamicMarkets.com, a leading platform that provides access to expert knowledge and financial…
Islamic finance professionals predict regulation of open banking will expand Kuala Lumpur (14TH September 2022) – New research* shows that most leading Islamic finance professionals expect the sector to move rapidly towards greater use of open banking over the next three years. The research was conducted by IslamicMarkets.com, a leading platform that provides access to…
Kuala Lumpur (29 August 2022) – The Association of Islamic Banking and Financial Institutions Malaysia (AIBIM), in partnership with Bank Negara Malaysia, is hosting the Global Islamic Finance Forum 2022 (GIFF2022) on Oct 5 and 6 in Kuala Lumpur. Themed “Take the Reins”, the biennial forum first conceived in 2007, will bring together the best…