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View all search resultsThe emergence of technology breakthroughs will unequivocally reshape the operation and business models of industries in the Islamic economy. However, the adoption of technological innovation in the industries will lead to efficiency, productivity and market penetration. The integration of technological innovation into the operation and business models of the Islamic economy is driving the Islamic economic revolution 4.0.
Following its birth in the early 1990s, Indonesia’s Islamic banking industry grew tremendously in the first two decades.This industry seemed a very promising portfolio addition for investors, because it was resilient enough to withstand two severe financial crises, namely the Asian financial crisis in 1998 and the global financial crisis in 2008.
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