FINTECH MANAGEMENT IN ISLAMIC BANKING: SOLUTIONS AND CHALLENGES

  • Agung Fitrahadi IAIN Syaikh Abdurrahman Siddik Bangka Belitung
  • Ekhwan Juanda IAIN Syaikh Abdurrahman Siddik Bangka Belitung
  • Febita Putri Larasati IAIN Syaikh Abdurrahman Siddik Bangka Belitung
  • Rani Rani IAIN Syaikh Abdurrahman Siddik Bangka Belitung
  • Sella Yulitasari IAIN Syaikh Abdurrahman Siddik Bangka Belitung
DOI: https://doi.org/10.32923/medio.v4i2.4891
Keywords: technology, fintech, islamic banking

Abstract

The advancement of information technology, particularly in the context of computers and the internet, has had a significant impact on the banking sector, including Islamic banking. This technology facilitates the integration and digitalization of banking services, such as e-banking, mobile banking, and fintech, enabling Islamic banking to expand access, enhance efficiency, and offer services that better align with Sharia principles. However, the implementation of technology in Islamic banking faces specific challenges, such as ensuring compliance with Sharia principles, maintaining information security, and addressing limitations in financial literacy among the public. To maximize the benefits of technology, Islamic banks need to consistently evaluate and ensure that the technology used adheres to Sharia principles, invest in cybersecurity solutions, improve financial literacy among the public, and establish partnerships with fintech companies that comply with Sharia regulations. By taking these steps, Islamic banking can effectively leverage technology to achieve sustainable growth and succes

Keywords: Technology, Fintech, Islamic Banking

 

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Published
2024-11-30
How to Cite
Fitrahadi, A., Juanda, E., Larasati, F., Rani, R., & Yulitasari, S. (2024). FINTECH MANAGEMENT IN ISLAMIC BANKING: SOLUTIONS AND CHALLENGES. MEDIOVA: Journal of Islamic Media Studies, 4(2), 179 - 196. https://doi.org/10.32923/medio.v4i2.4891
Issue
Vol 4 No 2 (2024): FOURTH EDITION - NO 2
Section
Articles

Copyright (c) 2024 Agung Fitrahadi, Ekhwan Juanda, dkk

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