Question: Question 3 Fintech is an information technology that has been adopted by the financial services industry that involves the design and delivery of the financial
Question 3 Fintech is an information technology that has been adopted by the financial services industry that involves the design and delivery of the financial products and services through technology (Leong et al., 2017, p.92) (a) Analytically discuss the opportunities and challenges of fintech. Illustrate three (3) example cases of fintech in banking industry (b) E-marketing is increasingly gaining interest within Islamic banking businesses. It is important to consider the extent to which it fits comfortably within the principles of Shariah. An Islamic financial institution should ensure that its e-marketing strategy must be devoid of any contentious or exaggerated claims and no excessive risk. Discuss.
(c) Islamic subsidiaries or windows often leverage the marketing aspects to their conventional parent or sister banking channels. Discuss.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
