Fintech Is viable vehicle for deepening Islamic finance in Nigeria: Jidda

According to Muhammad Jidda, Head Shari’ah Audit and Product Development, SunTrust Bank Nigeria, Fintech is a viable platform that can be leveraged to boost Islamic Finance in Nigeria. According to him, the pathway is harnessing the various spheres of Fintech and Digital banking to grow the market with innovative products and offerings. Providing further insight he said the Covid 19 pandemic made it imperative to deploy a digital technology strategy for financial services, and fintech was the way to go. He noted that through Fintech a lot of awareness and sensitization can be created on Islamic Finance, through the digital and mobile platforms across the country, which could have a wider reach to people in the rural communities.