This report was prepared jointly by the United Nations Development Programme (UNDP) Istanbul Centre for Private Sector Development and the Islamic Development Bank Institute (IsDBI), developed under the Global Islamic Finance and Impact Investing Platform (GIFIIP).
The ethical and inclusive nature of Islamic finance, combined with the agility and scale of digital tools, offers promising solutions to deliver Shariah-compliant, affordable, and accessible financial services to underserved communities.
Drawing on field research, stakeholder consultations, and cross- country comparisons, this report identifies practical entry points for developing inclusive digital financial ecosystems.
It provides actionable recommendations for regulators, financial institutions, and development actors to create enabling environments that foster innovation while ensuring financial integrity, social impact, and local relevance.
