India Finance: Sharia Issue

March 9, 2020

DarkCyber found the information in “Sharia Fintech”: Startups Race to Tap Indonesia Growth by Aligning with Islam” suggestive. Is the information spot on? Possibly, the source makes a great effort to explain trust. The main point of the write up strikes DarkCyber as:

Winning over conservative Muslims like Iswara in the world’s most populous Muslim-majority country is both a challenge and multi-billion dollar opportunity for fintech firms that are riding its mobile internet boom and aim to sell financial services. Of Indonesia’s 270 million population, half lacks bank accounts but most now have mobile phones.

Implications? A handful.

Stephen E Arnold, March 9, 2020


Comments are closed.

  • Archives

  • Recent Posts

  • Meta