Islamic Fintech Keeping Pace

There is always a lot going on in the world of Islamic financing in terms of new developments that can be tied to the Ijarah financing industry in the US. In a globalizing world, technology means criss-crossing borders.

Ashar Nazim, the former head of Islamic finance at EY, recently stressed on the importance of IT solutions in assisting Islamic finance to spread across the globe. It is an important concept for US Ijarah mortgage solutions and globally, simply because mobile Shariah banking and other technologies allow localized Islamic banks to have a more far-reaching effect.