nep-isf New Economics Papers
on Islamic Finance
Issue of 2022‒12‒12
one paper chosen by
Rachita Gulati
IIT Roorkee

  1. FINTECH, DIGITALIZATION, AND BLOCKCHAIN IN INSLAMIC FINANCE: RETROSPECTIVE INVESTIGATION By Aysan, Ahmet Faruk; Unal, Ibrahim Musa

  1. By: Aysan, Ahmet Faruk; Unal, Ibrahim Musa
    Abstract: The increasing interest in Fintech, Blockchain, and Digitalization in Islamic Finance created a new area in the literature, requiring a systematic review of these academic publications. The scope of the analysis is limited to journal articles to understand the trends in the indexed journals. Results are categorized into three sections, Islamic banks’ digitalization, Blockchain and Crypto Assets research, and Islamic non-bank financial institutions’ digitalization. Islamic fintech has great potential mainly because of the overlapping norms of Shariah and fintech, making it easier to implement technological disruption into Islamic finance. Moreover, the trust shift to Islamic finance could be merged with the opportunities of fintech and increase the potential of Islamic fintech even more.
    Keywords: fintech; blockchain; digitalization; Islamic finance; shariah; Islamic banking; digital transfor-mation; banking
    JEL: G20
    Date: 2022–11–15
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:115399&r=isf

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