Adimas Agus Ahmad Asy’arie
UIN Sayyid Ali Rahmatullah Tulungagung

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Blockchain-Based Sharia Accounting Model: Practical Implications for Increasing Transparency and Trust in Islamic Financial Institutions Adimas Agus Ahmad Asy’arie; Arlinta Prasetian Dewi; Binti Nur Asiyah
Formosa Journal of Science and Technology Vol. 4 No. 7 (2025): July 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjst.v4i7.164

Abstract

This paper proposes a conceptual blockchain-based Sharia accounting model designed to enhance transparency and trust within Islamic Financial Institutions (IFIs). The research addresses the growing yet challenged Islamic finance industry by leveraging blockchain's inherent features, including immutability, decentralization, and smart contracts. The model aims to improve accountability, reduce fraud, and strengthen Sharia compliance by providing real-time, verifiable financial records. This approach offers a novel contribution by systematically integrating advanced technology with Islamic ethical principles, leading to more robust and reliable financial reporting for all stakeholders.