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Banking and Finance

Banking and Finance courses offered by Faculty of Accountancy, Finance & Business, Tunku Abdul Rahman University College

How AI-powered Mobile Banking App Enhances Customer Experience

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via customerthink: Machines are getting smarter globally. Thanks to thriving Artificial Intelligence (AI) concept, companies can make their devices more powerful and ‘intelligent’ to serve their customers in a better way. Both B2B and B2C businesses have started adopting this revolutionary technology as per their scale and size. However, the penetration …

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Islamic banking and finance on the rise

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via Pakistan Observer: The index is a benchmark survey revealing the progress, penetration and perception of the Shari’ah-compliant banking sector in the UAE, as well as the future intentions of the nation’s banking customers. Findings demonstrate that Islamic banks are outperforming their conventional peers in customer acquisition—55 per cent of the …

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Malaysia’s Islamic banking industry will achieve 40% market share by 2020, says AIBIM

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via THE EDGE MARKETS: KUALA LUMPUR (Sept 25): With the introduction of value-based intermediation (VBI) by Bank Negara Malaysia (BNM) in 2017, the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) is confident the central bank’s target for the local Islamic banking industry to have 40% market share in total …

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Islamic finance is gaining a foothold across Africa

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via Quartz Africa: Islamic finance is rapidly growing across Africa, with investors, governments, and financial institutions increasingly leveraging its potential for both financing and development. Since 2014, $2.3 billion in sukuk, or Sharia-compliant bonds, have been issued in the continent, notes a briefing from ratings and financial agency Moody’s. There has …

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