The Use of Technology in Sukuk Field - Analysis of the Existent and New Ventures Assessment


International Research Journal of Economics and Management Studies
© 2024 by IRJEMS
Volume 3  Issue 11
Year of Publication : 2024
Authors : BEZOUI Oumaima, YERROU Hafssa
irjems doi : 10.56472/25835238/IRJEMS-V3I11P109

Citation:

BEZOUI Oumaima, YERROU Hafssa. "The Use of Technology in Sukuk Field - Analysis of the Existent and New Ventures Assessment" International Research Journal of Economics and Management Studies, Vol. 3, No. 11, pp. 86-89, 2024.

Abstract:

Fintech has come with several disruptive technologies that changed the way several financial and banking services and products are delivered. It has also widened the scope of users, and investment instruments such as sukuk have become within the reach of all investors through blockchain technology. Crowdfunding platforms and investing platforms have also made funds available for all fundraisers. In this article, we answer the focal question: How does technology benefit the field of Islamic Finance and, more precisely, the field of sukuk? To answer this question, we focus on presenting the existing applications of fintech in Islamic finance. We also analyze and propose new ways of using these disruptive technologies to better use Islamic financial instruments and widen the scope of their use and thus achieve another milestone in Islamic finance development.

References:

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Keywords:

Crowdfunding, Disruptive technology, Fintech, Islamic Finance, sukuk, Waqf Sukuk.