Digital transformation in Islamic finance a critical and analytical view / edited by Yasushi Suzuki and Mohammad Dulal Miah.

Other author Suzuki, Yasushi.
Other author Miah, Mohammad Dulal.
Format Electronic
EditionFirst Edition.
Publication InfoNew York, NY : Routledge, 2023.
Descriptionvolumes cm.
Supplemental ContentFull text available from Taylor & Francis eBooks
Subjects

SeriesIslamic business and finance series
Abstract "The on-going 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 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 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 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"-- Provided by publisher.
Bibliography noteIncludes bibliographical references and index.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2022036670
ISBN9781032200910 (hardback)
ISBN9781032200934 (paperback)
ISBN(ebook)

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Electronic Resources Access Content Online ✔ Available