- The Islamic Finance House -
Next Generation Is Islamic Fin inance Business Model - The - - PowerPoint PPT Presentation
Next Generation Is Islamic Fin inance Business Model - The - - PowerPoint PPT Presentation
Next Generation Is Islamic Fin inance Business Model - The Islamic Finance House - Facts & Figures Worl orld Mu Muslim im Pop opul ulatio ion = 1.6 Billion Banked Ban 01 01 Fina Fi nancia iall lly Ex Exclu luded &
01 01 03 03 04 04 05 05 02 02 07 07 06 06
Facts & Figures
Worl
- rld Mu
Muslim im Pop
- pul
ulatio ion
= 1.6 Billion
Fi Fina nancia iall lly Ex Exclu luded & & Unba nbanked 1 Billion Ban Banked
= 14%
OI OIC – Co Core e Islamic ic Fi Finan nance Mar Market
Lowest rates of financial inclusion worldwide
Regu egula latio ion
Banking is highly regulated & restricted
Em Emergi ging g Tech echnologi gies
Disruption & Opportunities of Fintech
Mim Mimic ic Co Conventio ional l Players
Current practices of Islamic Banking are restraining its full potential because of attempts to replicate conventional banking
WHY
Muslims need financials services that are in line with their faith
.
Need for Islamic Investment & Financing
Demand for technology-driven, more convenient, accessible and cost effective financial solutions SME financing are in great demand but not entertained by most banks All conventional financing institutions deal with Riba (Interest) with unfair practices
To promote financial inclusion and sustainable development
Increasing demands for ethical financial products amongst non- Muslims
.
Partnership Model
Lead / Primary Investors Customers / Secondary Investors Voting Ordinary Shares Non-Voting Redeemable Ordinary Shares
Musharakah Partnership Islamic Finance House (IFH)
Treasury Intermediary Other Services Financing Direct Investments
Business Architecture
Islamic Finance House (IFH)
Cyber Security Framework Cloud Computing
Blockchain / Distributed Ledger Artificial Intelligence (AI) / Machine Learning (ML) Internet of Things (IoT) Robotic Process Automation Big Data & Analytics
Core Platform Digital UX Platform
e-KYC
(Background Verification + Credit Scoring + AML/CFT)
e-Si Sign
(Digital / Electronic Signature of documents)
e-Debit
(Automatically creates direct debit mandates)
e-Transfer
(Automatically transfers funds to designated account)
Banks Social Media / Internet Government Bodies Regulatory Authorities Customers Other Entities
THANK YOU
Hussein RASSOOL
Co-Founder / COO
Ethis Fin Finance
nhrassool@ethisfinance.com (230) 57742641 www.linkedin.com/in/rassool-najmul-hussein-87640485