Islamic Finance

Global Islamic Fintech Report 2019: Highlights


The Global Islamic Fintech Report 2019, produced by London-based digital finance firm Elipses in collaboration with the UK Islamic Fintech Panel, was released on Tuesday (Dec 10).

The study is based on a survey of 180 companies worldwide spanning five categories: fintechs (50%), ecosystem players such as incubators and accelerators (22%), service providers such as consultancies (16%), financial institutions (8%), and investors (4%), Elipses Co-founder and Principal, Abdul Haseeb Basit told Salaam Gateway.

The biggest group of respondents, at 38%, is based in the UK, followed by 28% in the Middle East, 14% in Other Europe, 12% based in Southeast Asia, 6% were from North America, and 2% from Other Asia.

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tags:

Fintech