Opportunities and Challenges of Sharia Technology Financials in Indonesia
Muhamad Mujahidin ()
MPRA Paper from University Library of Munich, Germany
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)
New Economics Papers: this item is included in nep-cfn, nep-hme, nep-mac, nep-pay and nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:94844
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