The future of Islamic finance : from Shari'ah Law to Fintech

Islamic finance has witnessed a meteoric ascent in recent decades, cementing its status as a prominent player within the global financial sphere. Diverging from traditional financial systems, Islamic finance operates on the tenets of Shari'ah law, which emphasizes principles such as social equi...

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Bibliographic Details
Other Authors Smolo, Edib (Editor), Raheem, Mohamed Mahees (Editor)
Format Electronic eBook
LanguageEnglish
Published Bingley, U.K. : Emerald Publishing Limited, 2024.
Subjects
Online AccessFull text
ISBN9781835499085
DOI10.1108/9781835499061
Physical Description1 online resource (320 pages)

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245 0 4 |a The future of Islamic finance :  |b from Shari'ah Law to Fintech /  |c edited by Edib Smolo (Effat University, Saudi Arabia) and Mohamed Mahees Raheem (Effat University, Saudi Arabia). 
264 1 |a Bingley, U.K. :  |b Emerald Publishing Limited,  |c 2024. 
264 4 |c ©2025 
300 |a 1 online resource (320 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
504 |a Includes bibliographical references and index. 
505 0 |a Chapter 1. A brief overview of Islamic finance: From madinah market to wall street / Edib Smolo and Mohamed Mahees Raheem -- Chapter 2. Navigating modern economic challenges: The Islamic economics paradigm in focus / Edib Smolo -- Chapter 3. Eternality of Islamic teachings: Adaptability of islamic finance principles / Putri Swastika -- Chapter 4. Islam and free-trade: Contributions of muslim scholars to modern economic theories / Edib Smolo -- Chapter 5. Integrating Islamic finance into the sustainable development goals (sdgs) / Edib Smolo, Irum Saba, Norashikin Ismail, and Ziyaad Mahomed -- Chapter 6. Achieving social wellbeing and financial inclusion through Islamic microfinance: A case study of akhuwat islamic microfinance / Abidullah Khan, Syeda Beena Zaidi, Abid Mahmood, and Shabeer Khan -- Chapter 7. Sustainable development: Exploring the role of Islamic social finance in promoting sustainable development and social welfare / Ziyaad Mahomed and Irum Saba -- Chapter 8. Promoting sustainable development through Islamic social finance / Alija Avdukic and Edib Smolo -- Chapter 9. Sustainable synergy: The ethical imperative of Islamic banking in shaping a responsible financial future / Hazik Mohamed -- Chapter 10. Sustainable agriculture and Islamic finance: Cultivating prosperity and values / Nor Razinah Mohd. Zain, Oumaima Tounchibine, and Houda Lechheb -- Chapter 11. Fintech and Islamic finance: Opportunities and challenges / Issa Hamadou and Umer Suleman -- Chapter 12. Digital currencies and their compatibility in the Islamic finance industry / Edib Smolo and Ziyaad Mahomed -- Chapter 13. Islamic banking and the fourth industrial revolution: The current application, adoption, and future challenges of artificial intelligence / Syaima Adznan, Soliha Sanusi, Hafizah Omar Zaki, Mohamed Mahees Raheem, and Edib Smolo -- Chapter 14. Future of Islamic finance / Sutan Emir Hidayat, Khairunnisa Musari, Siti Masrohatin, and Edib Smolo -- Chapter 15. Conclusion: Beyond the horizon / Mohamed Mahees Raheem and Edib Smolo. 
520 |a Islamic finance has witnessed a meteoric ascent in recent decades, cementing its status as a prominent player within the global financial sphere. Diverging from traditional financial systems, Islamic finance operates on the tenets of Shari'ah law, which emphasizes principles such as social equity, risk-sharing, and ethical investing. Although Islamic finance's appeal is evident within the Muslim community, its ethical and socially responsible investment options have begun to entice non-Muslims as well. Edited by Edib Smolo and Mohamed Mahees Raheem, this exhaustive collection presents an all-encompassing account of the current status of Islamic finance, accentuating its ethical, technological, and sustainable facets. The work is divided into four distinct parts which encompass the origin and evolution of Islamic finance, the underlying principles of Islamic finance and the primary disparities between Islamic finance and conventional financial systems, as well as the future of Islamic finance. Moreover, the collection explores the assimilation of Islamic finance principles into modern financial systems and the influence of Muslim scholars on present-day economic theories. The work emphasizes the significant contribution of Islamic finance in promoting sustainable development and social prosperity and underscores the incorporation of Islamic finance into the Sustainable Development Goals (SDGs). The work delves into the prospects and obstacles associated with the amalgamation of fintech and digital currencies into the Islamic finance sector and highlights the potential of green and sustainable finance in the digital era. This edited collection is designed for a wide range of professionals encompassing practitioners, policymakers, researchers, and students who are intrigued by the mounting significance of Islamic finance and its potential for the global financial sphere. 
588 0 |a Print version record. 
650 0 |a Finance  |x Religious aspects  |x Islam. 
650 0 |a Fintech. 
655 7 |a elektronické knihy  |7 fd186907  |2 czenas 
655 9 |a electronic books  |2 eczenas 
700 1 |a Smolo, Edib,  |e editor. 
700 1 |a Raheem, Mohamed Mahees,  |e editor. 
776 0 8 |i Print version:  |z 9781835499078 
776 0 8 |i PDF version:  |z 9781835499061 
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