Blockchain-Based Sharia Accounting Model: Practical Implications for Increasing Transparency and Trust in Islamic Financial Institutions

Adimas Agus Ahmad Asy’arie (UIN Sayyid Ali Rahmatullah Tulungagung)
Arlinta Prasetian Dewi (UIN Sayyid Ali Rahmatullah Tulungagung)
Binti Nur Asiyah (UIN Sayyid Ali Rahmatullah Tulungagung)

Formosa Journal of Science and Technology (FJST)
Vol. 4 No. 7 (2025): July 2025

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.