Digital Transformation in Islamic Finance A Critical and Analytical View

Digital Transformation in Islamic Finance: A Critical and Analytical View
English | 2023 | ISBN: 1032200936 | 331 Pages | PDF (True) | 4 MB
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.