Islamic Regtech: An Introduction and Practical Guide demonstrates the benefits of Islamic Regtech for various stakeholders, using relevant case studies and outlining solutions to specific problem statements.
A complete Islamic Regtech framework is set out, with deep dives into each of the Regtech areas and subareas. Additional requirements for Islamic finance are discussed in detail, along with the benefits that each group of solutions can offer, the technology which is required, and so on.
The book concludes with a practical guide for financial institutions to evaluate, select and integrate Islamic Regtech solutions with their technology landscape and business processes, as well as how to leverage Islamic Regtech to mitigate operational risk.
About the Author: Niclas Nilsson, (Zurich, Switzerland) is the Founder & CEO of Capnovum, a pioneer in horizon scanning, impact assessments and regulatory change management consistently recognised as one of the world's most innovative RegTech companies. He is a passionate entrepreneur with over 20 years' experience in financial services. A frequent speaker, panellist and lecturer on ESG, artificial intelligence (AI), innovation, regulatory compliance, conventional and Islamic RegTech, FinTech and InsurTech, Niclas co-authored the chapter on Islamic RegTech for The REGTECH Book (Wiley, 2019), and advises boards of financial institutions on strategy, governance, data, technology and change.
Sadeq J. Abul, (Kuwait City, Kuwait) comes from a distinguished background in Financial Services, having held prominent positions as the General Manager, Board Affairs (Board Secretary, Economic Research, Disclosure Unit, and Compliance Section), at Kuwait International Bank (KIB), and represented KIB as the Vice Chair for Kuwait Financial Group and Ritaj Takaful Insurance Company; Assistant Manager, and Board Secretary at Central Bank of Kuwait (CBK); and as Secretary of government committees such as the Economic Reform Committee and the Activating Local Economic Committee. Dr. Abul holds a Ph.D. in Economics from the University of Durham, England.