August 4th, 2021 - 07:54 GMT
More than half of young Islamic finance customers would adopt Islamic banking if it were more accessible, according to a report from cloud banking platform Mambu. The ‘Faith and Finance: The changing face of Islamic banking’ report, which surveyed more than 2,000 millennial and Gen Z consumers globally, illustrates the growing appeal of Islamic finance services around the world, as over half (53%) of young Muslims said they would choose Islamic banking - if barriers to entry were removed. This reflects a wider demand for ethical banking services in the ...
