By the storm, iFintechs are catching Southeast Asia
iFintechs, or, Islamic fintechs, are seeing quick development and openings in Southeast Asia. Malaysia, an ASEAN arising economy of 32 million, was named the forerunner in the iFintech centers development model. The ASEAN country of 32 million flaunts high development and high helpfulness, as per the 2021 Global Islamic Fintech Report.
Malaysia is additionally number one out of 64 key iFintech markets worldwide when estimated by the GIFT (worldwide Islamic fintech) Index, showing the most hearty environment supporting the business.
The report, created by Islamic economy the executives consultancy DinarStandard and moral advanced money warning and trading company Elipses, counted 241 iFintechs around the world, with 62 in Southeast Asia. The GIFT Index took a gander at 32 pointers co...