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Technology Roundtable: Digitalization and the Evolution of Southeast Asian Islamic Financial Services

January 06, 2023 IFN Islamic Finance news
IFN OnAir
Technology Roundtable: Digitalization and the Evolution of Southeast Asian Islamic Financial Services
Show Notes

The digitalization of Islamic financial services: what is working, what is viable, and what is not? What do the answers to these questions mean for the evolution of Islamic financial services in Southeast Asia? With new neo-banking licenses in Malaysia, how will the development, provision and distribution of digital Islamic financial services evolve in the near-term, and what models will be deemed successful? What further measures would assist domestic Islamic financial institutions in the modernization and digital transformation of Islamic retail, commercial, Takaful and pension offerings? What are notable milestones and achievements in the development of systems and software for Islamic banks and financial institutions? What technology is available to help Islamic financial institutions drive scale, integrity, efficiency and ultimately profitability? Finally, is technology being fully utilized to address key customer concerns surrounding authenticity and the minimization of uncertainty? We ask an expert panel.