The Islamic finance industry is undergoing a profound transformation driven by digitalization, fintech innovation, and evolving customer and regulatory expectations. New technologies are reshaping how Islamic financial institutions design products, deliver services, manage risks, and collaborate within broader financial ecosystems.
This program provides a structured and practical overview of the global Islamic finance landscape and examines how digital transformation, fintech, and open finance are redefining Islamic banking and takaful business models. Participants will explore emerging technologies, innovative Shariah-compliant use cases, and new collaboration models that enable financial inclusion, efficiency, and sustainable growth.
The training connects global trends with practical institutional implications, focusing on how Islamic financial institutions can move beyond traditional models and leverage technology to create competitive, Shariah-aligned solutions
By the end of the training, participants will be able to:
• Understand the global Islamic finance landscape, key jurisdictions, and strategic directions.
• Analyze the impact of digital transformation, fintech, and open finance on Islamic banking and Takaful models.
• Distinguish Islamic fintech from conventional fintech and assess its value proposition.
• Identify innovative, Shariah-compliant digital finance use cases.
• Explore collaborative ecosystem models that support supply chains, MSMEs, and financial inclusion.
• Assess institutional opportunities, challenges, and readiness for digital Islamic finance innovation.
1. Foundations of Digital Transformation in Islamic Finance: Global Landscape, Fintech, and Open Finance
2. Islamic finance global landscape – size, directions, major jurisdictions
3. Global trends and challenges – digital adoption, ESG, regulatory fragmentation
4. Islamic fintech: what it is and why it matters; drivers of demand; differentiation from conventional fintech
5. Islamic fintech landscape – players, hubs, regulations, ecosystem gaps
6. Open finance & open banking – impact on Islamic banking models
7. Zoom in on Islamic Digital Finance Innovative Use Cases
8. Embedded finance: instant Shariah-compliant financing beyond tawarruq; current applications, challenges, and the expected shift with new standards; technology-driven solutions beyond controversial models
9. Collaborative models for supply chain & inclusion: postal, banking, and e-commerce integration to expand Shariah-compliant financing and financial inclusion
10. Innovation in Takaful (Islamic insurance): fintech-enabled solutions such as advance salary financing with integrated Takaful coverage
• Bankers and financial-sector professionals (conventional and Islamic)
• Executives and managers in strategy, innovation, and digital transformation
• Risk, compliance, and Shariah officers or committee members
• Regulators, auditors, and consultants
• Product development, strategy, and digital teams in Islamic financial institutions