Fintech refers to the use of technology for delivering financial services, specifically through Internet-based crowdfunding platforms and mobile payment systems. Cryptocurrencies, like Bitcoin, are the result of cryptography applied to cash. The roundtable was a timely event to attract CEOs and Islamic finance leaders to explore how Islamic finance and regional financial institutions are planning to integrate fintech developments into their business models. Although a contentious issue, some people perceive nonbanking financial intermediation via fintech as an opportunity for re-aligning Islamic finance to become more ‘authentic’. For Islamic stakeholders, the new technological modes of finance indeed bring up interesting shariah issues. Debate on the cryptocurrency stimulated the discussion whether it meets shariah requirements or not. Public interest (maslaha) should be taken into account for proper judgment of cryptocurrencies, whether it is beneficial or detrimental based on its impact. I
