Opportunities and Challenges of Sharia Technology Financials in Indonesia

Muhamad Mujahidin ()

MPRA Paper from University Library of Munich, Germany

Abstract: This article describes how the opportunities and challenges of FinTech Sharia in the face of the industrial revolution 4.0. By using a negation approach, this study concludes that FinTech Sharia which is the development of technological innovations that are in accordance with sharia provisions and becomes a solution to avoid interest transactions. The synergy between the Islamic financial sector and information technology innovation should also be a challenge as well as an opportunity for all actors in the Islamic finance industry to catch up with the conventional financial industry.

Keywords: Financial Technology; FinTech; FinTech Sharia; Islamic Finance (search for similar items in EconPapers)
JEL-codes: A10 E40 G21 G23 G30 O14 O32 (search for similar items in EconPapers)
Date: 2019-07-04
New Economics Papers: this item is included in nep-cfn, nep-hme, nep-mac, nep-pay and nep-sea
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