ISSN 2394-5125
 

Research Article 


TALENT COMPETENCY AND READINESS IN FINTECH FOR ISLAMIC BANKING AND FINANCE PROGRAM

Muhammad Ridhwan Ab. Aziz.

Abstract
Islamic finance is one of the fastest-growing segments of global emerging markets. Over the last two decades, the total volume of Islamic financial assets has grown by 15-20% a year. The growing popularity of Islamic banking and finance and its increasing global outreach has led to a considerable undersupply of talent in the sector. It is estimated that there is a shortfall of between 8,000 and 10,000 people in core Islamic finance fields, plus more in peripheral sectors such as law and regulatory affairs, financial technology, insurance and others. FinTech is a broad term covering businesses that are very different in nature. While they all use technology to deliver cheaper, faster and more user-friendly services, they differ in the type of technology they utilize such as blockchain, artificial intelligence and mobile phones. The aim of this article is to evaluate responds from the instructor and students of Islamic banking and finance program in terms of their understanding and readiness on FinTech. The methodology of research in this article is through qualitative method based on interviews from selected instructors and students in the program of Islamic banking and finance. The general finding shows that most of the instructor and students not yet ready with this new technology development in the Islamic banking and finance program.A lot more action need to be taken to ensure that Islamic banking and finance program is equipped with courses that could enhance understanding and competency in FinTech.

Key words: Islamic Banking, Islamic Finance, Talent, Competency, FinTech


 
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Pubmed Style

Muhammad Ridhwan Ab. Aziz. TALENT COMPETENCY AND READINESS IN FINTECH FOR ISLAMIC BANKING AND FINANCE PROGRAM. JCR. 2020; 7(19): 1327-1332. doi:10.31838/jcr.07.19.162


Web Style

Muhammad Ridhwan Ab. Aziz. TALENT COMPETENCY AND READINESS IN FINTECH FOR ISLAMIC BANKING AND FINANCE PROGRAM. http://www.jcreview.com/?mno=104618 [Access: September 14, 2020]. doi:10.31838/jcr.07.19.162


AMA (American Medical Association) Style

Muhammad Ridhwan Ab. Aziz. TALENT COMPETENCY AND READINESS IN FINTECH FOR ISLAMIC BANKING AND FINANCE PROGRAM. JCR. 2020; 7(19): 1327-1332. doi:10.31838/jcr.07.19.162



Vancouver/ICMJE Style

Muhammad Ridhwan Ab. Aziz. TALENT COMPETENCY AND READINESS IN FINTECH FOR ISLAMIC BANKING AND FINANCE PROGRAM. JCR. (2020), [cited September 14, 2020]; 7(19): 1327-1332. doi:10.31838/jcr.07.19.162



Harvard Style

Muhammad Ridhwan Ab. Aziz (2020) TALENT COMPETENCY AND READINESS IN FINTECH FOR ISLAMIC BANKING AND FINANCE PROGRAM. JCR, 7 (19), 1327-1332. doi:10.31838/jcr.07.19.162



Turabian Style

Muhammad Ridhwan Ab. Aziz. 2020. TALENT COMPETENCY AND READINESS IN FINTECH FOR ISLAMIC BANKING AND FINANCE PROGRAM. Journal of Critical Reviews, 7 (19), 1327-1332. doi:10.31838/jcr.07.19.162



Chicago Style

Muhammad Ridhwan Ab. Aziz. "TALENT COMPETENCY AND READINESS IN FINTECH FOR ISLAMIC BANKING AND FINANCE PROGRAM." Journal of Critical Reviews 7 (2020), 1327-1332. doi:10.31838/jcr.07.19.162



MLA (The Modern Language Association) Style

Muhammad Ridhwan Ab. Aziz. "TALENT COMPETENCY AND READINESS IN FINTECH FOR ISLAMIC BANKING AND FINANCE PROGRAM." Journal of Critical Reviews 7.19 (2020), 1327-1332. Print. doi:10.31838/jcr.07.19.162



APA (American Psychological Association) Style

Muhammad Ridhwan Ab. Aziz (2020) TALENT COMPETENCY AND READINESS IN FINTECH FOR ISLAMIC BANKING AND FINANCE PROGRAM. Journal of Critical Reviews, 7 (19), 1327-1332. doi:10.31838/jcr.07.19.162