24min chapter

Fintech Insider Podcast by 11:FS cover image

856. Insights: How can Islamic finance serve Western markets?

Fintech Insider Podcast by 11:FS

CHAPTER

Exploring Islamic Finance in Western Markets

The chapter delves into the growth potential of Islamic finance in Western markets, focusing on the increasing Muslim population and the alignment of Islamic finance principles with ethical banking. It discusses the emergence of Islamic banking and fintech in the UK and the challenges faced by both Islamic and Western banks in promoting Islamic finance in non-Muslim countries. The conversation also addresses issues of Islamophobia in the banking sector and emphasizes the need for mentorship and financial literacy within immigrant communities.

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