Islamic Fintech Suffering from Lack of Capital, Regulations
Due to its high market potential, Islamic Fintech has become one of the areas that have attracted large and active investors in the Islamic financing sector, and in addition, startups and their owners have found this sector very attractive for starting their own startups.
Founder of Elmangos Venture, Mr Abd Elmohaimen Mansi believes that Islamic fintech, despite all the problems such as financing and lack of knowledge about it in global economies, has a good future and potential for growth.
"I think we all know that there is a lack of budget and capital not only in the case of Islamic fintech but in the field of fintech in general. In general, startups face this problem. Also, the world has changed from the previous period of Covid-19 onwards, and we see that companies operating in the field of Islamic financing have focused only on the market," he told IQNA in an exclusive interview.
Following the the full video of the interview:
