Photo: Speakers on a panel at an Islamic Economy roundtable series in Jakarta on September 25, 2019. From left to right: Satap Nirwandar, Chairperson, Indonesia Halal Lifestyle Centre; Afdhal

Islamic Finance

Indonesia to launch Islamic fintech roadmap Q3 2020, focus on ‘useful’ tools for society, ‘daily halal lifestyle’


Indonesia will launch its Islamic fintech roadmap in the third quarter of 2020, Afdhal Aliasar, Director of Islamic Economy Development and Halal Industry, National Islamic Finance Committee (KNKS), told Salaam Gateway.

The director said Islamic fintech is growing so quickly in Indonesia that the national body wants to ensure its development is implemented “in a good way”.

“The maqasid of Shariah must be implemented not only to get more customers or to increase the volume of transactions but we need to also focus on the values of the Islamic economy,” Afdhal told Salaam Gateway on September 25 in Jakarta.

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