Digital Transformation in Islamic Finance -

Digital Transformation in Islamic Finance

A Critical and Analytical View
Buch | Softcover
304 Seiten
2022
Routledge (Verlag)
978-1-032-20093-4 (ISBN)
44,85 inkl. MwSt
The book assesses various fintech business models and how they could be a threat or an opportunity. It also examines whether fintech provides Islamic financial institutions an edge to serve clients following the Shariah norms and how the adoption of fintech in the Islamic mode is required for meeting the maqasid Al Shariah.
The ongoing digital transformation is shaping the Islamic mode of financial intermediation and the impact on the faith-based financial mode has been multifaceted. This has raised a host of interesting questions: what is the degree of penetration of Islamic finance in the fintech industry? Are Islamic financial institutions (IFIs) or banks ready to embrace fintech? Is fintech an enabler or barrier to achieve the intended purpose of Islamic finance? Will technology narrow the division between Islamic and conventional finance in the future? These are existential questions for Islamic finance and the book endeavors to examine the impact of financial technology on the industry.

The book assesses various fintech business models and how they could be a threat or an opportunity. It also examines whether fintech provides IFIs an edge to serve clients following the Shariah norms and how the adoption of fintech in the Islamic mode is required for meeting the maqasid Al Shariah. The book discusses applicability of fintech like blockchain, digital currency, big data, and AI to different branches of Islamic finance.

This book will interest students, analysts, policymakers, and regulators who are working on Islamic finance, financial economics, Islamic economics, and development finance.

Yasushi Suzuki is a Professor at Ritsumeikan Asia Pacific University, Japan. Mohammad Dulal Miah is an Associate Professor at the University of Nizwa, Oman.

Introduction Part I Theoretical and Philosophical Speculations on Digital Transformation in Islamic Finance 1. Digital Transformation in Islamic Finance: A Critique of Perfectionist’s Views on Islamic Fintech 2. A Typology of Financial Business Models on Digital Transformation: Expected Impacts on Commercial Banks 3. Fintech, Technomania and Persistent Socio-Civilizational Challenges Part II Empirical Studies 4. Business Risk Mitigation through "Value-Chain Integrated" Financing in Islamic Peer to Peer Lending in Indonesia: PT Qazwa Mitra Hasanah’s Experience 5. Prospects and Opportunities of Islamic Crowdfunding in Bangladesh Anik 6. Empirical Assessment on Digital Transformation in Islamic Banking 7. Fintech in Islamic Banking in Bangladesh: Opportunities and Threats 8. Islamic digital banking in the Netherlands – Challenges and Opportunities 9. Can Islamic FinTech Best Serve the Migrants’ Interest in Remittance Services? The South and South-East Asian Perspective 10. The impact of central bank digital currency (CBDC) on the operations of Islamic Banks 11. Takafultech Reflects the Maqasid al-Shariah Ethos in Takaful 12. Digital Transformation and Accounting Issues in Takaful: The Case of Indonesia 13. Dilemma and Challenges for fintech application in Waqf Administration / Regulation in contemporary Muslim majority countries: A Case of Bangladesh 14. Breaking the barriers of Zakat Management System through Islamic Fintech: The Case of Bangladesh 15. An inquiry into the application of Artificial Intelligence on Fatwa. Conclusion.

Erscheinungsdatum
Reihe/Serie Islamic Business and Finance Series
Zusatzinfo 28 Tables, black and white; 39 Line drawings, black and white; 39 Illustrations, black and white
Verlagsort London
Sprache englisch
Maße 156 x 234 mm
Gewicht 362 g
Themenwelt Wirtschaft Betriebswirtschaft / Management Finanzierung
Betriebswirtschaft / Management Spezielle Betriebswirtschaftslehre Bankbetriebslehre
Wirtschaft Volkswirtschaftslehre
ISBN-10 1-032-20093-6 / 1032200936
ISBN-13 978-1-032-20093-4 / 9781032200934
Zustand Neuware
Haben Sie eine Frage zum Produkt?
Mehr entdecken
aus dem Bereich
denken und handeln wie ein professioneller Trader

von Mark Douglas

Buch | Softcover (2023)
Vahlen, Franz (Verlag)
36,90