Record Details

Fintech and Islamic Finance: Literature Review and Research Agenda

International Journal of Islamic Economics and Finance

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Field Value
 
Title Fintech and Islamic Finance: Literature Review and Research Agenda
 
Creator Hasan, Rashedul
Hassan, Mohammad Kabir
Aliyu, Sirajo
 
Subject Islamic Fintech; Blockchain. Bitcoin; Cryptocurrency; Shari’ah
 
Description Fintech revolution started with the introduction of credit cards in 1960 and have been revolutionized with blockchain technologies. Integration of Fintech based solution with Islamic finance has gained interest among academics. However, the lack of literature evidence on this issue has motivated us to conduct a systematic literature review on Islamic Fintech. We have identified fourteen documents relevant to the context of the study and conducted the content and thematic analysis. An extensive review of past literature allows us to identify Shari’ah compliance as one of the major challenges for the growth of Islamic fintech. In addition, we conclude that Islamic fintech might pose challenges for Islamic Financial Institutions (IFIs) in terms of operational efficiency, customer retention, transparency and accountability. We contribute by providing insights on the challenges faced by the Islamic finance industry toward integrating Fintech based solutions with reference to past studies and indicate areas for future studies that could reduce the gaps in Islamic Fintech literature.
 
Publisher Universitas Muhammadiyah Yogyakarta
 
Contributor —
 
Date 2020-01-28
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://journal.umy.ac.id/index.php/ijief/article/view/7823
10.18196/ijief.2122
 
Source International Journal of Islamic Economics and Finance (IJIEF); Vol 3, No 1 (2020): IJIEF Vol 3 (1), January 2020; 75-94
2622-4372
2622-3562
 
Language eng
 
Relation https://journal.umy.ac.id/index.php/ijief/article/view/7823/4932
 
Rights Copyright (c) 2020 International Journal of Islamic Economics and Finance (IJIEF)
http://creativecommons.org/licenses/by-sa/4.0