Over the past decade, digitalisation and technology have transformed financial services, including payments and interactions between customers and businesses. Islamic fintech aims to do the same but in a Sharia-compliant way.

So, what makes Islamic fintech different? What challenges does it face, and what does its future look like?

In our 23rd episode we spoke to Abdul Haseeb Basit, a digital finance expert with over 25 years of experience. He is a Co-Founder and Principal of Elipses, an advisory and investment firm focused on digital disruption in the finance sector.

In this episode we covered several topics including:

Defining what Islamic fintech is and the ecosystem's landscape
Asking whether there is a branding/marketing issue
Looking at some of the challenges facing Islamic fintechs

Abdul's Twitter handle-@abdulhbasit

Global Islamic fintech report 2023/24-https://salaamgateway.com/reports/global-islamic-fintech-report-2023

You can email your comments, feedback or suggestions to us: hassan@majlisandmarkets.com

Intro theme song-'Tales of the Arabian Nights' composed by StudioKolomna via Pixabay

Episode 23-Islamic Fintech: Navigating the Landscape and Challenges