Building Payment Rails for 2 Billion People

Description

Building Payment Rails for 2 Billion People is a strategic report developed by DinarStandard in collaboration with UMMAH, an enterprise financial infrastructure platform for the global economy. This research aims to catalyze a more inclusive, resilient, and competitive payment system for over 2 billion Muslims.

Executive Summary

With over 2 billion Muslims and a $2.4 trillion economy, accelerating payment access across global Muslim markets is critical to building a more inclusive, resilient, and competitive economy. Yet access remains constrained, with persistent challenges in cost, speed, and transparency. This research focuses on accelerating access to global Muslim markets and reducing dependence on existing cross-border rails. The strategy is to build shared, interoperable payment rails across Muslim markets—starting with high-impact corridors—to reduce costs and delays, expand access, and strengthen financial sovereignty. 

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