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Peluang dan Tantangan Financial Technologi Syariah di Indonesia

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  • Mujahidin, Muhamad

Abstract

This article describes how the opportunities and challenges of FinTech Sharia in the face of the industrial revolution 4.0. By using a negation approach, this study concludes that FinTech Sharia which is the development of technological innovations that are in accordance with sharia provisions and becomes a solution to avoid interest transactions. The synergy between the Islamic financial sector and information technology innovation should also be a challenge as well as an opportunity for all actors in the Islamic finance industry to catch up with the conventional financial industry.

Suggested Citation

  • Mujahidin, Muhamad, 2019. "Peluang dan Tantangan Financial Technologi Syariah di Indonesia," MPRA Paper 94842, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:94842
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    File URL: https://mpra.ub.uni-muenchen.de/94842/1/MPRA_paper_94842.pdf
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    References listed on IDEAS

    as
    1. Robert Hauswald & Robert Marquez, 2003. "Information Technology and Financial Services Competition," The Review of Financial Studies, Society for Financial Studies, vol. 16(3), pages 921-948, July.
    2. Solomon Tadesse, 2005. "Financial Development and Technology," William Davidson Institute Working Papers Series wp749, William Davidson Institute at the University of Michigan.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Financial Technology; FinTech; FinTech Sharia; Islamic Finance;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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