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The Direction of Future Research on i-FinTech

In: Islamic FinTech

Author

Listed:
  • Kazi Md Tarique

    (University of Liberal Arts Bangladesh (ULAB))

  • Mezbah Uddin Ahmed

    (International Shari’ah Research Academy for Islamic Finance (ISRA))

Abstract

The effect of the fourth industrial revolution, coupled with three core technological drivers, namely, automation, disintermediation and decentralization, has bought about an unprecedented change in the global financial industry. The global Fintech investment has reached $57.9 billion in the first half of 2018 (Islamic Fintech report-2018). Top-ranked financial institutions have accepted the need for change and they are now investing in data analytics, artificial intelligence (AI) and Big Data. Moreover, 77% of them have targeted to introduce blockchain in the system by 2020.

Suggested Citation

  • Kazi Md Tarique & Mezbah Uddin Ahmed, 2021. "The Direction of Future Research on i-FinTech," Springer Books, in: Mohd Ma’Sum Billah (ed.), Islamic FinTech, edition 1, chapter 0, pages 447-459, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-45827-0_24
    DOI: 10.1007/978-3-030-45827-0_24
    as

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