Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Demak Universal Journal of Islam and Sharia
Lutfiah, Ine Nurul
Unknown Affiliation
Religion Humanities

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Navigating Between Innovation and Compliance: The Challenges of Sharia Fintech Implementation in Indonesia's Financial Ecosystem Lutfiah, Ine Nurul
Demak Universal Journal of Islam and Sharia Vol. 2 No. 03 (2024): Demak Universal Journal of Islam and Sharia
Publisher : Walidem Institute and Publishing (WIP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61455/deujis.v2i03.130

Abstract

This study aims to investigate the key challenges faced in the implementation of sharia fintech in Indonesia, focusing on navigating between technological innovation and sharia compliance in the financial ecosystem. The research methods used include an in-depth literature review on the latest developments in Sharia fintech, policy analysis, and interviews with stakeholders of the financial and Sharia industry in Indonesia. The results show that despite a great push to introduce fintech innovation in the context of sharia, its implementation is faced with several challenges. These challenges include the need for a clearer regulatory framework, a better understanding of Islamic principles in financial technology, and better integration between Islamic financial institutions and fintech players. In addition, it is also important to overcome the problem of public trust in Islamic financial technology. These findings underscore the complexity and importance of a holistic and collaborative strategy in advancing Islamic fintech in Indonesia, which combines technological innovation with strong Islamic finance principles to achieve broader and sustainable financial inclusion.
Co-Authors