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All Journal Formosa Journal of Applied Sciences (FJAS)
Irwan Misbach
Universitas Dipa Makassar
Control & Systems Engineering Decision Sciences, Operations Research & Management Education Engineering Social Sciences

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The Science Approach in Islamic Economics: Integration between Science and Islamic Economic Principles Nurdiana Nurdiana; Rahmawati Umar; Irwan Misbach
Formosa Journal of Applied Sciences Vol. 4 No. 6 (2025): June 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjas.v4i6.174

Abstract

The application of sharia fintech in the Islamic economy has great potential to increase financial inclusion and provide fairer access to financial services in accordance with sharia principles. However, the implementation of sharia fintech faces various challenges, especially related to inconsistent regulations, limited digital infrastructure, and low digital literacy among the public. Clear and consistent regulations, improved digital infrastructure, and better education on digital literacy and Islamic finance are important steps to overcome these challenges. Collaboration between Muslim-majority countries is also needed to build global standards that are widely accepted and applied in the world of Islamic fintech. With proper implementation, sharia fintech can contribute significantly to creating a more inclusive, transparent, and fair economic system for the global community.
Co-Authors Nurdiana Nurdiana Rahmawati Umar