Digital Transformation in Islamic Finance - A Critical and Analytical View (Paperback)

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.

General

Imprint:	Taylor & Francis
Country of origin:	United Kingdom
Series:	Islamic Business and Finance Series
Release date:	December 2022
First published:	2023
Editors:	Yasushi Suzuki • Mohammad Dulal Miah
Dimensions:	234 x 156 x 22mm (L x W x T)
Format:	Paperback
Pages:	304
ISBN-13:	978-1-03-220093-4
Categories:	Books > Business & Economics > Economics > General Books > Business & Economics > Finance & accounting > Finance > Corporate finance Books > Business & Economics > Finance & accounting > Finance > Banking Books > Money & Finance > Banking Books > Money & Finance > Corporate finance Promotions
LSN:	1-03-220093-6
Barcode:	9781032200934

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