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Fintech has witnessed relative success in a short time span. Its growth is facilitated by concerted efforts from practitioners, entrepreneurs and policymakers who are developing the required infrastructure.
This session aims to discuss the need for improved Shari’ah governance in fintech institutions and how fintech based solutions can be used to further enhance Shari’ah compliance. The session will also touch upon the latest solutions offered through fintech
which have the potential to replace the not so preferred Islamic finance products, as well as, promote the underlying principles of risk sharing, equity and fairness.
AAOIFI-IsDB 17 7 th Annual Islamic Banking and Finance Conference 2022
How Fintech can change the way the Islamic finance industry operates
Risks and challenges related to Shari’ah compliance and how Fintech can address them
effectively New business models emerging, dur to Fintech
Shari’ah governance of Fintech institutions and Fintech based financial solutions Fintech standards from AAOIFI: plan and progress
Islamic crowdfunding and its role within the industry
The need for developing smart contracts to enhance the efficiency of the industry and challenges related to Shari’ah compliance of smart contracts
