The time is now and right for Islamic finance players to take on a more prominent role in the finance technology (fintech) ecosystem.
Deputy Finance Minister Datuk Amiruddin Hamzah said the technology is ripe, with higher penetration of mobile and Internet across markets while the consumers are also becoming more and more tech-savvy.
The 15th edition of the Kuala Lumpur Islamic Finance Forum (KLIFF) commenced its first day of proceeding at the Royale Chulan Kuala Lumpur this morning.
The two-day event, with a theme of Technology Face and Sustainability Voice in Islamic Finance, kicked off with a keynote address presented by the Deputy Finance Minister Dato Amiruddin Hamzah.
A Malaysian consortium, consisting of a global shariah advisory firm Amanie Advisors and a boutique law firm CSQlaw, aims to establish its first international office in Kazakhstan within the early second quarter of this year.