Chapter 1. Islamic finance in the age of digital transformation: an introduction
This introduction highlights the evolving landscape of Islamic finance in the digital age, emphasizing the transformative impact of digitalization and global interconnectedness on the financial sector. It underscores the growth and resilience of Islamic finance, especially in the face of the global...
| Authors: | ; |
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Interlibrary Loan: | Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany) |
| Published: |
2024
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| In: |
Islamic finance in the digital age
Year: 2024, Pages: 1-7 |
| Further subjects: | B
Islamic Finance
B Fintech B Shariah compliance B Emerging technologies B Maqasid al-shariah B digital transformation |
| Online Access: |
Volltext (lizenzpflichtig) |
| Summary: | This introduction highlights the evolving landscape of Islamic finance in the digital age, emphasizing the transformative impact of digitalization and global interconnectedness on the financial sector. It underscores the growth and resilience of Islamic finance, especially in the face of the global pandemic, and the sector’s evolution towards Shariah-compliant alternatives with a focus on environmental, social, and governance (ESG) factors. The emergence of Islamic fintech, despite its significant growth in OIC countries, is noted as having untapped potential. The need for a maqasid-centric vision for the next decade in Islamic finance is emphasized, urging conscious adoption of emerging technologies with Islamic values. This book is derived from the 5th International Conference on Islamic Finance (ICIF), which was held on October 2022, covering envisioning the next decade, emerging technologies and Shariah-compliance issues, and emerging Islamic finance solutions and opportunities. The overall theme of the book is the integration of technology and Islamic finance, offering a forward-looking vision for the industry. |
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| ISBN: | 9781035322954 |
| Contains: | Enthalten in: Islamic finance in the digital age
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| Persistent identifiers: | DOI: 10.4337/9781035322954.00009 |
