Fintech, Islamic Finance gain momentum - GulfToday

Fintech, Islamic Finance gain momentum

FintechIslamicFinance

Top officials during the signing ceremony in Sharjah.

Business Bureau, Gulf Today

Fintech and Islamic Finance are the globally emerging phenomenon is not only restricted to Middle East or Muslim countries rather it has captivated its roots all over the world.

The built-in features of sustainability and best alternative financial solution make this phenomenon prominent and attracts the attention of professionals and researchers. Keeping in view the importance, Ahmad Alagbari Chartered Accountants (AAACA) have entered into a Memorandum of Understanding (MOU) with Skyline University college (SUC) Sharjah, a prestigious educational institution in UAE was signed by Syed Asif Zaman, Managing Partner of Ahmad Alagbari Chartered Accountants (AAACA) and Nitin Anand Executive Director Skyline University College (SUC).

Asif Zaman Managing Partner of AAACA said Fintech and related technology like Blockchain and Artificial intelligence have revolutionized the whole finance world. This technology has disrupted the existing banking and financial systems. The emergence of a new generation of financial technology has, in a short time, had a considerable impact on how to do business, transact as customers, and think about the financial future.

For an individual professional it is imperative to acquire the knowledge about these emerging technologies, AAACA member of LEA Global have been involved in developing a course of first of its kind “Islamic Fintech” which will comprise of Islamic scholar verdicts, shariah ruling  about Fintech products like Cryptocurrencies and other emerging products. AAACA plans to launch courses on Islamic Fintech, Blockchain, Artificial Intelligence, Islamic banking and its Products, Islamic Micro Finance and Smart Industry.  From Skyline University College (SUC) platform in addition to that AAACA wants to help establish research lab for Artificial intelligence and Fintech.