Abstract

Islamic Banking industry has a strategic role in the economic development, to contribute in transforming the economy in productive economic activity, value-added and inclusive. But in the era of digital financial and high competitive financial services industry as it is today, Islamic banking faces numerous challenges, mainly related to lower Information and Communication Technology (ICT) and limited capital. Therefore, the Islamic banking industry must take advantage of opportunities, namely by providing innovative products based on Information and Communication Technology (ICT) to provide a variety of options and expand the reach of the public. However, until now Islamic banking products innovation is still very limited. In addition, another thing that is important to support the development of Islamic Banking in Indonesia is to take advantage of economic growth opportunities, and increase the availability of funds of Islamic banks. By utilizing these opportunities, Islamic banking industry in Indonesia can grow and competitiveness

Keywords: Product Innovation finance, Islamic Banking, ICT, economic growth