Ideal Time to Promote Islamic Banking; Fintech the Future of Islamic Financing: ICD CEO

Ayman Amin Sejiny, Chief Executive Officer (CEO) of the Islamic Corporation for the Development of the Private Sector (ICD) has stated that the time is ideal to promote the spread of Islamic banking, following the emergence of the world from the recession due to the COVID-19 pandemic. Sejiny was speaking at a session titled Islamic Finance: Forging New Links on Day 1 at the Global Business Forum ASEAN (GBF ASEAN) in Dubai, United Arab Emirates (UAE) on the 8th of December 2021.

Why it Matters?

The session focused on the Islamic economy and its power to influence the global economic recovery. Sejiny stated that financial technology (fintech) will be the future of Islamic financing, and noted that fintech is a key supporter of the Islamic banking sector...