On course for success

Challenges of Innovation: Quo Vadis Islamic Finance


The wake-up call from the Global Financial Crisis in 2008 spurred innovations in the financial industry that has created a new market and value network; displacing established market leading firms, products, and alliances. New ideas and disruptive innovations generally lead to major changes in the marketplace and within the business. Today we are seeing the surge in the applications of fintech in financial transactions, as well as automations in banking processes, resulting in redundancies on the part of manpower engagement, as well as reduction of redundancies in operations.

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