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IFN OnAir
How to close the Islamic SME financing gap in MENA
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Khaled Berjawi, head of product management for Islamic banks, Azentio Software
Despite being the backbone of the MENA economy, only one in five SMEs in the region can access bank financing, resulting in a whopping financing gap of up to US$240 billion, according to the World Bank. Why is that the case and how is this changing the financing landscape; and, how does Islamic finance factor into the equation? Khaled Berjawi, the head of product management for Islamic banks at Azentio Software, breaks it down in this episode with IFN Managing Editor Vineeta Tan.