In an era where financial services are undergoing rapid transformation through…

In an era where financial services are undergoing rapid transformation through technology, regulation, and consumer expectations, Islamic banking stands at a critical juncture. With its ethical and risk-sharing principles rooted in Sharia law, Islamic finance presents itself as a humane alternative to interest-based conventional systems. In countries like Indonesia, where the Muslim population is the largest in the world, Islamic banking is not just a financial option, it is a socio-cultural imperative. However, despite its philosophical appeal, Islamic banking still lags behind its conventional counterpart in terms of innovation and market share.

Read full article at : https://www.digibr.org/read_article/the-innovation-deficit-can-islamic-banking-compete-in-a-digital-word

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