Can Islamic Fintech Help to Power Western Economies?

Can Islamic Fintech Help to Power Western Economies?

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As a British Muslim, I am all too aware that Islam can be a scary word to many people in the UK and the US nowadays.  But it need not be – in an age in which Islam and Islamic law, or Sharia, is increasingly demonised, I believe an economic model espoused by the principles of justice, equality and transparency has the power to unite people of divergent beliefs and create wealth at all levels in society.  These principles are not unique to Islam – they are universal values that can contribute to a just, tolerant and progressive society.

An austere interpretation of Islam that has caused panic among some in the West is merely a recent phenomenon, one that runs counter to a history of transformation and inclusiveness, a history that is rarely taught in the West.  That history enc...