Islamic Finance in the Digital Age

By: Syed Nazim Ali (Editor), Zul H. Jumat (Editor)

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Hardcover | 22 November 2024

At a Glance

Hardcover
416 Pages

Dimensions(cm)
23.5 x 15.55

Hardcover

$374.50

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This book investigates the integration of emerging technologies within Islamic finance, reconciling Islamic values with contemporary financial innovations and ensuring ethical integrity in the face of rapid digital transformation.

Islamic Finance in the Digital Age delves into the challenges and opportunities posed by 21st century technological advancements, including decentralized finance and AI. Furthermore, it examines the theoretical foundations of Islamic finance, compliance with Shariah law, and innovative finance solutions, advocating for a maqasid-centric approach to leveraging the benefits of digitalization. Featuring insights from leading experts, the book provides a forward-thinking perspective to guide the Islamic finance industry towards a sustainable, prosperous, and ethically grounded future.

This book is a crucial reference for students and scholars of financial economics and regulation, and Islamic economics and finance. It is also beneficial for practitioners and policymakers in the financial sector.

Industry Reviews

'This book addresses a wide range of emerging topics in a fast-changing financial landscape and provides intellectual discourse from Islamic economics and finance perspectives. Given the diversity of topics addressed, I find this book as one of the pioneering efforts to tackle complex issues highlighting the potential of the role and contribution of principles of Islamic finance to the emerging FinTech industry. I congratulate the editors and the contributing authors for making a valuable contribution to Islamic finance literature.' -- Zamir Iqbal, Islamic Development Bank, Saudi Arabia
'The digital age is bringing about significant advancements in financial services, including Islamic banking and finance, making it more accessible, efficient, and Shariah-compliant. This edited book is a good compendium for understanding the integration of emerging technologies in Islamic finance and harmonizing Islamic values with groundbreaking financial innovations. Kudos to the authors and the editors.' -- Nafis Alam, Monash University Malaysia

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