Digital Transformation in Islamic Finance: A Critical and Analytical View (Islamic Business and Finance Series)

Synopsis

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. 　

Copyright:

2023

Book Details

Book Quality:

Publisher Quality

Book Size:

304 Pages

ISBN-13:

9781000827279

Related ISBNs:

9781032200934, 9781003262169, 9781032200910

Publisher:

Taylor and Francis

Date of Addition:

12/30/22

Copyrighted By:

selection and editorial matter, Yasushi Suzuki and Mohammad Dulal Miah

Adult content:

No

Language:

English

Has Image Descriptions:

No

Categories:

Nonfiction, Religion and Spirituality, Business and Finance

Submitted By:

Bookshare Staff

Usage Restrictions:

This is a copyrighted book.

Edited by:

Yasushi Suzuki

Edited by:

Mohammad Dulal Miah