Digitalisation, fintech tie-ups offer new avenues for Islamic finance

Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar said technology is also being increasingly used towards enhancing financial literacy, which has a positive relationship with financial inclusion.

KUALA LUMPUR: Higher digitalisation and financial technology (fintech) collaborations can help strengthen the Islamic finance industry’s resilience and open new avenues for growth, said Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.

He said technology is also being increasingly used towards enhancing financial literacy, which has a positive relationship with financial inclusion.