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CIBAFI – ICD Webinar Focused on the Important Role that Open Banking Presents for Growth and Development of Islamic Banks - Brazil Business Today
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The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-idb.org) have launched the first series of their joint webinars. CIBAFI – ICD Webinar on “
Open Banking: A Driving Force for Islamic Banking Growth and Development” was successfully held yesterday.
Fintech has revolutionized the global financial industry – it has not merely changed the way consumers interact with their banking institutions, it has also upended long-established business practices and internal workflows. CIBAFI Global Islamic Bankers’ Survey (GIBS) 2020 Report revealed that one of the two financial technologies that stand out as an area in which Islamic banks expect to have effective implementation within their operations is Open Banking.