Photo for illustrative purposes only. A person counting a wad of Indonesian rupiah notes. Herwin Bahar/Shutterstock

Islamic Finance

Indonesia’s Islamic fintechs disbursed five times more financing in 2019 - industry body


JAKARTA – Indonesia’s Shariah-compliant fintechs posted solid growth in 2019, disbursing five times more financing on average to reach nearly 1 trillion rupiah ($72.66 million) combined, Ronald Yusuf Wijaya, chairperson of the Indonesia Syariah Fintech Association (AFSI) told Salaam Gateway.

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tags:

Fintech