Journal of Business Management and Islamic Banking
Vol. 3 No. 2 (2024)

Financial Technology Innovation in Modernizing Zakat Payment in the Digital Era

Alief, Abdullah (Unknown)
Ibi Satibi (Unknown)



Article Info

Publish Date
10 Dec 2024

Abstract

Research Aims: To explore how the use of fintech in zakat payment is viewed from both Islamic jurisprudential and historical perspectives. Methodology: Library research is used as the primary data collection method. Research Findings: The research concludes that the use of financial technology for zakat payments is an innovative and flexible solution grounded in ijtihad (independent legal reasoning) within Islamic jurisprudence and The use of fintech in zakat payment is a form of technology fiqh (Islamic jurisprudence related to technology) that provides functional benefits in the context of zakat. Theoretical Contribution: Research finding the discourse on Islamic jurisprudence by highlighting how financial technology can be integrated into zakat payment systems, offering a new approach to Islamic financial practices. Research limitation and implication: The use of fintech can significantly streamline zakat payments, making the process more accessible and efficient for Muslims in Indonesia.

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Journal Info

Abbrev

JBMIB

Publisher

Subject

Economics, Econometrics & Finance Education

Description

Journal of Business Management and Islamic Banking (JBMIB) is an international journal which is published by the Department of Islamic Banking, Faculty of Islamic Economics and Business, State Islamic University (UIN) Sunan Kalijaga. This journal is designed to provide a forum for ...