Digital Transformation in Islamic Finance
Digital Transformation in Islamic Finance The on-going digital transformation is shaping the Islamic mode of financial intermediation and the impact on the faith-based financial mode has been…
Specifikacia Digital Transformation in Islamic Finance
Digital Transformation in Islamic Finance
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. Are Islamic financial institutions or banks ready to embrace fintech? This has raised a host of interesting questions: what is the degree of penetration of Islamic finance in the fintech industry?
Will technology narrow the division between Islamic and conventional finance in the future? Is fintech an enabler or barrier to achieve the intended purpose of Islamic finance? 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
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