Islamic Finance
-
UK is set to have its first Islamic economy accelerator named “iE5” to support the growth and success of start-up companies based in the UK or desiring a presence in the UK. Established by a team of Islamic finance leaders and led by Harris Irfan of Gateway and Abdul Haseeb Basit of Ellipses Advisory, the…
-
With reportedly over 10 Takaful providers in the UK, there has not been a strong adoption of Islamic insurance by the Muslim market as one would expect given the growth of Islamic banking and finance in the country. The lack of standardization in the Takaful market could be a key factor for the slow growth.…
-
Islamic financial technology (fintech) companies are aiming to disrupt traditional Islamic banks. Like conventional fintechs, Islamic fintechs face similar challenges dealing with regulatory challenges, hiring and retaining talent, raising funds from investors, acquiring customers and expanding into other regions. At the Innovate Finance Global Summit held in London last month, Islamic fintech was key topic…