In an exclusive interview with Gulf Business, Sanjay Singh, CEO, Azentio, discusses how fintech innovation, strong governance, and AI are transforming Islamic finance and accelerating digital lending growth in the GCC and other areas.
Embedding trust and speed
Islamic finance must balance modern digital demands with upholding Shariah principles. Sanjay Singh highlighted that Azentio’s Loan Origination solution builds compliance into each step of the lending process, so financial institutions can offer fast, seamless services while maintaining strong governance and trust.
From AI to inclusion
He also describes three significant changes shaping Islamic finance: using AI to provide better insights and personalized services, adopting flexible platforms for faster launches and regulatory agility, and expanding financial inclusion for small and medium enterprises and underserved groups. He stressed that AI, when based on reliable data and transparent governance, can help digital Islamic finance build greater trust across the industry.
A new era
With regulators in the GCC supporting digital-first approaches, platforms that offer speed, flexibility, and compliance will be key to growth. Financial institutions that use these tools, along with strong governance and quick rollout, are positioned to gain a competitive edge in an evolving market.
The road ahead
As Islamic finance enters a new phase of digital transformation, fintechs will be the catalyst for scale, inclusion, and sustained trust. By combining speed with strong governance and AI-driven intelligence, financial institutions can not only meet rising customer expectations but also set new industry benchmarks.
“The institutions that prepare now will be the ones shaping the market in 2026 and beyond.”
— Sanjay Singh, CEO, Azentio
Read the full interview here.