Digital transformation in Islamic finance:
Material type: TextSeries: Islamic business and finance seriesPublication details: New York: Routledge, 2023.Description: xxiv,303pISBN:- 9781032200934
- 332.091767 DIG
Item type | Current library | Call number | Status | Date due | Barcode | |
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Book | IIM Kashipur | 332.091767 DIG (Browse shelf(Opens below)) | Available | 11223 |
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332.03 ENC Encyclopedia of quantitative finance | 332.0412 STI Stigum's money market | 332.042 TUR Between debt and the devil: money, credit, and fixing global finance/ | 332.091767 DIG Digital transformation in Islamic finance: a critical and analytical view/ | 332.094 DOL Dollar hegemony: past, present, and future / | 332.1 EME Emerging issues in banking and finance | 332.1 HAJ Money, banking and international trade/ |
Includes bibliographical references and index.
"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. 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 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 Islamic financial institutions 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"
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