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Journal : Best Journal of Administration and Management

Challenges of Sharia Compliance Audits in Islamic Banking: An Analysis of Fintech Developments in Indonesia Andriani, Yulia; Habibi, Ahmad; Fasa , Muhammad Iqbal
Best Journal of Administration and Management Vol 4 No 2 (2025): Best Journal of Administration and Management
Publisher : International Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56403/bejam.v4i2.373

Abstract

Digital transformation has encouraged Islamic banking in Indonesia to integrate financial technology (Fintech) to improve efficiency and competitiveness. This study aims to examine the application of fintech in Islamic banking, its impact on sharia compliance, and evaluate the effectiveness of supervision in the digital age. This study uses a library approach with qualitative content analysis, as well as the theoretical framework of diffusion of innovation and Islamic financial law. The study found that although Fintech facilitates the implementation of Sharia principles through profit-sharing/buying and selling schemes and contract transparency, there are tensions between digital automation and Sharia accountability that could potentially lead to violations of Islamic principles if oversight is not strict. Therefore, the study concludes that there is an urgent need to develop a digital Sharia audit framework that is capable of performing a Sharia-compliant test directly on the system's source code, as well as encouraging collaborative innovation to embed compliance tools into the core of the technology.
Marketing Management of Islamic Financial Services in the Digital Era Hayati, Leni Riski; Habibi, Ahmad; Fasa, Muhammad Iqbal
Best Journal of Administration and Management Vol 4 No 2 (2025): Best Journal of Administration and Management
Publisher : International Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56403/bejam.v4i2.374

Abstract

The research aims to analyze in depth the marketing management of Islamic financial services in the digital era, which is currently at a historical crossroads due to the acceleration of digital transformation and the Industrial Revolution 4.0. This study uses a qualitative approach with the method of Systematic Literature Review (SLR). The results of the analysis indicate that adaptation to the Sharia digital marketing mix (7PS), such as technology-based products and physical evidence that transform into digital evidence, must be integrated with strict Sharia compliance. Managerial success depends on Shariah-compliant innovation, strengthening cybersecurity, and Human Resource Investment with dual competencies, with the Sharia Banking-as-a-Service model proposed as a solution to address inequalities in the digital infrastructure of SMEs.
The Role of Sharia Fintech Implementation in Overcoming Gharar in E-Commerce Transactions to Ensure Sharia Compliance and Transaction Certainty in the Digital Economy in Indonesia Maulida, Reska; Habibi, Ahmad; Fasa, Muhammad Iqbal
Best Journal of Administration and Management Vol 4 No 2 (2025): Best Journal of Administration and Management
Publisher : International Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56403/bejam.v4i2.378

Abstract

The study aims to analyze the strategic role of Sharia Fintech implementation in overcoming gharar elements in e-commerce transactions in order to ensure Sharia compliance and increase transaction certainty in Indonesia's digital economy ecosystem. Gharar in e-commerce often occurs due to non-conformity of goods, quality uncertainty, and lack of transparency of information, where buyers cannot physically verify the goods. Using a qualitative descriptive approach through literature studies, it was found that Sharia fintechs offer mitigation solutions through innovations such as Sharia smart contracts that automate clear contracts, Sharia escrow systems that hold funds until goods are received, and blockchain-based halal traceability technology for product transparency. The results of the study show that the adoption of this technology significantly minimizes ambiguity, reduces the risk of disputes, and increases consumer confidence, but the main challenges still include low Sharia digital literacy and not yet optimal integration across e-commerce platforms.
Co-Authors Abda Abda Abdul Malik Ghozali Abidin , Noor Azliza Zainal Adib Fachri Adip Wahyudi Afani Adam, Muhammad Agus Kurniawan Aina, Siti Irma Nur Akbar, Tulus Rizkon Akhmad Muhaini Ali, Muhamad Rayhan Alzazuli, Sulaiman Amini, Ma’ripah Aminuyati Andika, Muhamad Try Anggraini, Afni Anis Mashdurohatun Ansharil Haq, Ramiz Antonius Duty Susilo, Antonius Duty Apriyanti, Rizky Ariani, Dera Arifin, Barmawi Ashfia, Nurul Atika, Ria Attalla, Yasser Naufal Aulia Aulia Azis, M. Abdul Aziz, Fawwaz Bayanurrahmah, Najjini Citra Etika Dewi Santi, Asmita Dina Pratiwi, Dina Eko Satrio, Muhammad Bagus Elviani, Elviani Erike Anggraeni Eristadora, Stephanie Evi Ekawati Fathul Jannah, Fathul Fathurrozi, Ahmad Fatih Fuadi Firdasari, Nurshiva Fitriyani, Ecy Gustika Nurmalia Hanif Hanif Hayati, Leni Riski Heni Verawati Husnul Madihah, Husnul Iffah, Nur Imam Arifin Indra Kusuma, Abdul Haris Irfan, Hidayad Iswana , Della Iwang, Baso Jannah, Raodahtul Jauhari, Mashun Syafuan Jayawarsa, A.A. Ketut Karim, Rafli Ifkar Khoirudin, Ahmad Kristanti, Anggita Retno Kurniawan, Hafidz Kustanto , Prio Lince Bulutoding Luqman Affandi Lutfi, Mufti Maisaroh, Neng Mala, Mita Pita MANALU, TRIANA Masrawati, Masrawati Maulana, Bintan Maulida, Reska Meiliyani, Eci Moh. Mukri Mohammad Basit, Mohammad Muali, Chusnul Muhammad Alwi Muhammad Daffa Hariyanto Muhammad Iqbal Muhammad Iqbal Fasa Muhammad Kurniawan Muhammad Noor Shaleh Muhammad Wahdini Nathanael, Christian Nazira, Aliya Nita Susanti, Dian Normasyhuri, Khavid Novita, Selpy Nur Aisah Nur Fadhilah Nur Rahmah Sari Nurhidayah, Wulan Pajar, Muhammad Malik Pamungkas, R Wisnu Prio Prastio, Teguh Primandani, Rr Siti Masrihati Purnama Sari Putra, Riyan Qibthiah, Mariatul Rahmat, Rahmat Robani Rahmawati, Isnaini Ayu Rahminah, Rahminah Ramadhan, Andre RB. Tri Joko Wibowo Rizal, M. Saifu Rosalinda, Kelara Rosydalina Putri Sabella, Billy Sabina, Sandra Saepurohman, M. Saifullah, Fu’ad Saldilawaty, Saldilawaty Samsul Arifin Santoso Sari, Erni Puspita Sayyidati, Rabini Setiawan, Akemat Rio Shafira, Alfina Shinta, Nabilla Silvia, Novi Sirajuddin Sirajuddin Siti Fatimah Suciani, Noer Sugeng Utaya Sugianta Nirawana, I Wayan Suhendar Supriyadi Supriyadi Syafiq, Muhammad Zaky Syahidin, Ahsanu Syamsul Arifin Syariati, Namla Elfa Syarif, Hazas Syarif, Nawaz Tiyas Vika Widyastuti Ummah, Amelia Khoirum Uswatun Hasanah Utami, pertiwi Vicky F Sanjaya Vonny, Gabriela Angle Wahidin Wahyu Setiawan Wardiansyah Yeni Susanti Yulia Andriani, Yulia Yunita Prastyaningsih Zahratul Husna, Ulfa Zainal, Ghaliah Jalwaa Insyrah Zainul Arifin Zurweni Zurweni