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Leveraging Islamic Fintech to Improve Financial Inclusion
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- World Bank Group.
- Series:
- Other Financial Sector Study.
- World Bank e-Library.
- Other Financial Sector Study
- Language:
- English
- Subjects (All):
- Access To Finance.
- Finance and Development.
- Finance and Financial Sector Development.
- Financial Institutions.
- Financial Regulation and Supervision.
- Financial Services.
- Information and Communication Technologies.
- Information Technology.
- Islamic Finance.
- Local Subjects:
- Access To Finance.
- Finance and Development.
- Finance and Financial Sector Development.
- Financial Institutions.
- Financial Regulation and Supervision.
- Financial Services.
- Information and Communication Technologies.
- Information Technology.
- Islamic Finance.
- Place of Publication:
- Washington, D.C. : The World Bank, 2020.
- System Details:
- data file
- Summary:
- Islamic finance is a fast-booming segment of global finance. Serving a core population of 1.8 billion Muslims world-wide and a wider global ethical finance audience, its role is growing in global significance especially as it relates to global social financing needs. The global fintech revolution is having a similar impact for Islamic finance through the evolution of a nascent Islamic fintech ecosystem. The purpose of this report is to evaluate the global developments in the area of fintech solutions by Islamic financial institutions (IFIs) and its impact on financial inclusion within its core markets. The core audience of this report are financial services institution leadership, and government policymakers, especially across the core markets of Islamic finance.
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