1st Edition

Islamic Fintech



  • Available for pre-order. Item will ship after March 28, 2021
ISBN 9780367443696
March 28, 2021 Forthcoming by Routledge
152 Pages 1 B/W Illustrations

USD $160.00

Prices & shipping based on shipping country


Preview

Book Description

The implementation of new technologies is expected to boost the development of Islamic Finance by increasing accessibility to banking and other financial services in Islamic communities and democratizing access to investment opportunities. At the same time, new technologies will increase financing opportunities and facilitate asset management for Sharia-compliant businesses. This collection of essays from selected experts in the field comprise some of the most topical issues on Islamic Fintech, combining a business focus with legal insights.

The book takes as a point of departure the role that Islamic Fintech can play in promoting sustainability. The social vision of welfare improvement and justice is already embedded in Sharia’s economic rules, which makes Islamic Finance particularly well suited to bridge the gap between sustainability and funding. Although it is not without challenges for the industry, technology will help unleash its potential. With a holistic approach to Islamic Fintech, the contributing authors address the application of new technologies to Islamic Finance, including robo-advisory, crowdfunding and digital ledger technology (both in the issuance of bitcoins and the registration of securities in tokenized form) and in certain sectors such as takaful (takaful-tech) and health (e-health). Finally, they explore the challenges posed by AML in the specific realm of Islamic Fintech.

The book combines theoretical analysis with a practical focus, both through case studies and directly through the experiences of leading entrepreneurs. In addition, it provides insights on legal and regulatory aspects, which are key in a field that is still in its infancy and needs support from law makers and regulators. It is, thus, a reference for academics, legal practitioners, policy makers, entrepreneurs and the Islamic Finance community.

Table of Contents

Abbreviations

List of contributors

Foreword

Abdullah Qurban Turkistani

1. Role of Fintech to achieve the SGDs from an Islamic perspective

Houssem eddine Bedoui

Wail Aaminou

2. Islamic Fintech and ESG goals: key considerations for fulfilling Maqasid principles

Blake Goud

Tanvir A. Uddin

Bayu A. Fianto

3. Takaful and Fintech: can Fintech save takaful? -A Case Study

Germán Rodríguez-Moreno

4. Robo-advisory: an opportunity for innovation in Sharia-compliant markets

Pablo Soler Bach

5. Telemedicine & E-Health in the Middle East

Sarmad R. Ahmad

6. Is a cryptocurrency a currency or a product/commodity? The case of bitcoin

Dr. Kaleem ALAM

7. DLT and capital-raising in Islamic Finance

Sara Sánchez Fernández

8. The role of Islamic crowdfunding in the new economy

Umar Munshi

9. Crowdfunding in Spain under Sharia rules

Antonio Gabriel Aguilera

10. Anti-Money laundering from the Islamic perspective in the digital era

Gonzalo Rodríguez Marín

Index

 

...
View More

Editor(s)

Biography

Sara Sánchez Fernández is Assistant Professor at IE Law School, IE University (Spain). She specializes in capital markets law from a cross border perspective, as well as in Islamic Finance. Sara holds a PhD on Private International Law from Universidad Autónoma de Madrid (Spain).