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Books > Business & Economics > Finance & accounting > Finance
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Beyond Fintech: Technology Applications For The Islamic Economy (Hardcover)
Loot Price: R1,833
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Beyond Fintech: Technology Applications For The Islamic Economy (Hardcover)
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Beyond Fintech: Technology Applications for the Islamic Economy is
a follow-up to the first-ever Islamic Fintech book by the author
(published in 2018) that provided linkages between Islamic Finance
and disruptive technologies like the blockchain. In the wake of
fintech as a new trend in financial markets, the ground-breaking
book stressed the relevance of Islamic finance and its
implications, when enabled by fintech, towards the development of
the Islamic digital economy. While the earlier work discussed the
crucial innovation, structural, and institutional development for
financial technologies in Islamic Finance, this new research
explores the multiple applications possible in the various sectors
of the economy, within and beyond finance, that can be
significantly transformed. These revolutionary applications involve
the integration of AI, blockchain, data analytics, and
Internet-of-Things (IoT) devices for a holistic solution to tackle
the bottlenecks and other issues in existing processes of
traditional systems. The principles of accountability, duty,
justice, and transparency are the foundation of shaping the
framework in achieving good governance in all institutions - public
or private, Islamic or otherwise. Technologies like AI, blockchain,
and IoT devices can operationalize the transparency and
accountability that is required to eradicate poverty, distribute
wealth, enhance micro-, small- and large-scale initiatives for
social and economic development, and thus share prosperity for a
moral system that enables a more secure and sustainable economy.
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