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Islamic Fin-Tech: Digital Financial Products

In: Islamic Financial Products

Author

Listed:
  • Mohd Ma’Sum Billah

    (King Abdulaziz University)

Abstract

Digital financial products refer to the financial services that are offered and delivered using Internet. Internet is one of the widely growing sectors where new services and users are introduced every day. The Internet allows tremendous savings in telecommunication costs for businesses. It also enables companies and customers to communicate with each other with greater efficiencies and improved accuracy than chapter-based systems allow. Internet is available mostly twenty-four hours a day. This makes the Internet an attractive place for businesses as they can operate long hours with relatively low running cost.

Suggested Citation

  • Mohd Ma’Sum Billah, 2019. "Islamic Fin-Tech: Digital Financial Products," Springer Books, in: Islamic Financial Products, chapter 0, pages 395-411, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-17624-2_29
    DOI: 10.1007/978-3-030-17624-2_29
    as

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