Journal of Islamic Economic Development
Vol. 1 No. 2 (2024): Journal of Islamic Economic Development

ANALYSIS OF THE BENEFITS AND RISKS OF USING SHARIA FINTECH IN SHARIA INVESTMENT

Fitri, Fitri (Unknown)



Article Info

Publish Date
17 Feb 2025

Abstract

This study examines the role of Sharia fintech in Sharia-based investments, offering ease of access, operational efficiency, and information transparency. The background of this research is the rapid development of Sharia fintech, which creates opportunities for digital-based investment without violating Sharia principles. The research employs a qualitative approach with literature studies to analyze the concepts, benefits, and risks of Sharia fintech usage. The findings reveal that Sharia fintech provides advantages such as portfolio diversification, ease of investment, and product innovation. However, it also poses risks, including technological, regulatory, and market uncertainty risks, which require effective risk management. This study concludes that Sharia fintech usage in Sharia investments provides modern financial solutions that align with Sharia principles while minimizing risks through proper management.

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Journal Info

Abbrev

st

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Islamic Economic Development (abbreviated as J.Isl.Eco.Dev) is a premier double-blind peer-reviewed journal dedicated to fostering multidisciplinary research in the field of Islamic economics and its applications in contemporary society. With a focus on promoting sustainable economic ...