Fintech in the MENA Region: Current State and Prospects

Ahmed Belouafi
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Ahmed Belouafi: Islamic Economics Institute, King Abdulaziz University

Chapter Chapter 19 in Islamic FinTech, 2021, pp 335-366 from Springer

Abstract: Abstract Applying descriptive, inductive and analytical methodologies this chapter explores the current state and prospects of Fintech in the Middle East and North Africa (MENA) region—a predominant Muslim area whose financial systems are not deepening yet. The chapter is divided into three sections. Section 1 examines the premises, promises and risks of Fintech. Current state and prospects of Fintech in MENA region is the focus of Section 2. Finally, Section 3 provides a summary and concludes with a few remarks and recommendations.

Keywords: Fintech; MENA; Current position; Application; Jurisdiction; Regulation (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-45827-0_19

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DOI: 10.1007/978-3-030-45827-0_19

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