Digitisation Allows Islamic Banks to Bypass Branches

Simon Chen, Vice President and Senior Analyst, Moody's Investor Service

09-Jul-19 07:45

Digitisation Allows Islamic Banks to Bypass Branches

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Islamic banks in Malaysia are poised to benefit from digitisation because of their lack of branches, according to Moody's. This will allow such banks to save costs and add more to expansion.

While Malaysia is an Islamic Banking leader, Indonesia will quicken its pace given its large population and increasing banking and internet penetration.

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Categories: Personal Finance, Investments, Financial Literacy, Business Analysis, Trends and Forecasts, Markets

Tags: islamic banking, finance, digital banks,

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