TY  - BOOK
AU  - Suzuki,Yasushi
AU  - Miah,Mohammad Dulal
TI  - Digital transformation in Islamic finance: a critical and analytical view 
T2  - Islamic business and finance series
SN  - 9781000827224
U1  - 332.091767 23/eng/20221006
PY  - 2023///
CY  - Abingdon, Oxon, New York, NY
PB  - Routledge
KW  - Finance
KW  - Islamic countries
KW  - Financial institutions
KW  - Technological innovations
KW  - Banks and banking
KW  - BUSINESS & ECONOMICS / Finance
KW  - bisacsh
N2  - 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
UR  - https://www.taylorfrancis.com/books/9781003262169
ER  -