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Nurhafid Ishari
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hafid.ishari@gmail.com
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jurnaliqtishoduna@gmail.com
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INDONESIA
Iqtishoduna: Jurnal Ekonomi Islam
ISSN : 22525661     EISSN : 24430056     DOI : -
Core Subject : Economy,
The focus of the Journal of Syari'ah Economics and Islamic Business all aspects of scientific discussions about Islamic Economics, Syari'ah Banking and Islamic Economic Management ideas covering: 1) research article, 2) conceptual idea, 3) review of the literature, and 4) practical experience.
Arjuna Subject : -
Articles 1 Documents
Search results for , issue "Vol. 15 No. 1 (2026): April (on progress)" : 1 Documents clear
Blockchain-Enabled Digital Financial Systems in Islamic Banking: Evidence from a Systematic Literature Review Ernayani, Rihfenti
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 15 No. 1 (2026): April (on progress)
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Syarifuddin Lumajang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54471/iqtishoduna.v15i1.3010

Abstract

This study provides a comprehensive review of blockchain-based digital financial systems in Islamic banking, synthesizing recent developments, challenges, and prospects for integrating blockchain within Shariah-compliant financial institutions. Using a qualitative systematic literature review approach, data were collected from peer-reviewed theoretical and empirical studies indexed in Google Scholar and Mendeley Data. The review systematically examines research methodologies, technological applications, and their implications for Islamic finance. The findings indicate that blockchain adoption significantly enhances security, transparency, and operational efficiency in Islamic banking processes. However, critical challenges persist, particularly regarding Shariah compliance, governance mechanisms, and the alignment of blockchain applications with Islamic ethical principles. The study highlights key determinants influencing blockchain adoption, including governance structures, regulatory readiness, and Shariah oversight. To address existing gaps, this research integrates Shariah principles into the analytical framework, ensuring that ethical values remain central to digital financial innovation. The study contributes to the literature by mapping blockchain research to the core functions of Islamic banks and by proposing a Sharia-compliant blockchain system model, along with a future research roadmap. In practice, the findings provide strategic guidance for Islamic banks on implementing smart contracts, strengthening Shariah audits, reducing operational costs, and fostering digital product innovation.

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