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A New Revolution: Fin-Tech and Islamic Banking - Concepts, Uses, and Drawbacks in the Light of Archival Data
Abstract
The chapter has two folds as it is written to highlight the impact of Fin-Tech on Islamic Banking and vice versa. However, the main concern is the impact of FinTech on Islamic Banks in Pakistan. The reason to select the area of Islamic banking is the growing field and relating it with FinTech is one of the recent trends in the financial industry. However, a lack of research concern has been observed in emerging countries like Pakistan. Thus, this chapter has been developed purposively to reflect the importance of the relationship of Fin-Tech with the Islamic Banking sector in a holistic manner. The purpose of this study is descriptive and the content analysis method has been used to assess archival data. The entire chapter has highly important for a diverse set of stakeholders from the field of academia, research, Islamic Banking, etc.
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