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Arry Hashemi
Arry Hashemi

GCC Islamic Fintech Market to Reach $341 Billion by 2029

The GCC is steadily emerging as a key center for Islamic fintech, backed by strong regulatory frameworks, institutional investment, and long-standing Islamic banking foundations. What began largely as digital payment solutions is now expanding into areas like wealth management, financing for small and mid-sized businesses, and asset tokenization, reflecting a broader transformation as fintech becomes an integral part of the global Islamic finance landscape.