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Bursa Malaysia chief: Higher digitalisation, fintech tie-ups can open new growth avenues for Islamic finance | Malay Mail

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KUALA LUMPUR, March 9 — Higher digitalisation and financial technology (fintech) collaborations can help strengthen the Islamic finance industry’s resilience and open new avenues for growth, said Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar. He said technology is also being increasingly...

Bursa Malaysia chief: Higher digitalisation, fintech tie-ups can open new growth avenues for Islamic financeTan Sri Abdul Wahid Omar delivers his keynote speech during The Malaysia Leadership Succession Summit in Kuala Lumpur February 6, 2018.

“Despite the challenging environment that affected the Islamic finance industry’s growth in 2020, Covid-19 offers an opportunity to accelerate and unlock its long-term potential. He said Islamic finance is no longer a domain exclusive only to Muslims—it has grown to be a US$2 trillion industry and continues to receive strong interest as an avenue for funding and raising investment.

 

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