Malaysia’s Islamic banks need not fear digital challengers — as long as they embrace financial inclusion

bank, malay, digital, lamic,
Saudi Arabia

Malaysia’s Islamic banks need not fear digital challengers — as long as they embrace financial inclusion

The pandemic has forced Islamic banks to change how they look at Malaysia’s growing unbankable population.

 

KUALA LUMPUR: The head of one of Malaysia’s main Islamic banks insists he has no fear of a new wave of digital banks that will open in the country next year.

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