40% of Islamic fintechs Shariah-certified, 32% will seek certification in the future - survey
40% of Islamic fintechs responding to a survey are Shariah-certified and 32% will seek certification in the future, said a new study released on Tuesday (Dec 10).
The Global Islamic Fintech Report 2019 is produced by London-based digital finance firm Elipses in collaboration with the UK Islamic Fintech Panel.
The study is based on a survey with 180 companies worldwide across five categories: fintechs (50%), ecosystem players such as incubators and accelerators (22%), service providers such as law firms (16%), financial institutions (8%), and investors (4%), Elipses Co-founder and Principal, Abdul Haseeb Basit told Salaam Gateway.
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