Publication:
Islamic Digital Banking Based on Maqasid Al-Shariah for Financial Inclusion: A Proposed Framework

dc.contributor.authorMuhammad Ridhwan Ab. Azizen_US
dc.contributor.authorMohd Zalisham Jalien_US
dc.contributor.authorMohd Nazri Mohd Nooren_US
dc.contributor.authorSyahnaz Sulaimanen_US
dc.contributor.authorMohd Shukor Harunen_US
dc.contributor.authorMuhammad Zakirol Izat Mustafaren_US
dc.date.accessioned2024-05-30T07:07:14Z
dc.date.available2024-05-30T07:07:14Z
dc.date.issued2023
dc.description10th INTERNATIONAL ISLAMIC ECONOMIC SYSTEM CONFERENCE 2023 (I-iECONS 2023) “Sustainable Development through Innovative Economic Transformation”/ Editors : Amalina Mursidi, Agoos Munalis Tahir, Suhaida Herni Suffarruddin, Norfhadzilawati Rahim, Murad Ali Ahmad Al-Zaqeba, Muhammad Iqmal Hisham Kamaruddin Conference Dates: August 14 2023 I Conference Location: Millennium Makkah Al Naseem Hotel Mecca Saudi Arabia Organized by Faculty of Economics and Muamalaten_US
dc.description.abstractThe expansion of information and communication technology (ICT) has confronted the banking and financial industry towards the era of digitalization. This digitalization has brought advantages to the people nowadays to make the banking transaction easier in term of time-saving and easy to access compared to over-the-counter transaction (at the branch), in which the people need to waste their time for waiting their turn to make a simple transaction like withdraw and deposit money and reaching the people who are unbanked in order to them enjoy the banking and financial products and services. In this context, as most of the community in Malaysia are Muslim, the regulator (Bank Negara Malaysia) needs to concern with the value of Shariah and the element of financial inclusion that should be adopted in the development of digital banking. So, this will lead to the development of Islamic digital banking based on Maqasid al-Shariah for financial inclusion that able to cater the current market needs. However, the model of Shariah compliant digital banking is important to be introduced in order to achieve the true spirit of Maqasid al-Shariah for financial inclusion. This article is aimed to develop a framework of Islamic digital banking based on Maqasid al-Shariah for financial inclusion. This research employs a qualitative approach as this research is conducted through interview with experts for the development and verification of the proposed framework. The proposed framework has been found to be feasible for the implementation in accordance with the ongoing advancements in the digital age.en_US
dc.identifier.citationAb. Aziz, M. R. ., Jali, M. Z., Mohd Noor, M. N. ., Sulaiman, S. ., Harun, M. S. ., & Mustafar, M. Z. I. . (2023). Islamic Digital Banking Based on Maqasid Al-Shariah for Financial Inclusion: A Proposed Framework. I-IECONS E-Proceedings, 10(1), 289–306. https://doi.org/10.33102/iiecons.v10i1.84en_US
dc.identifier.doi10.33102/iiecons.v10i1.84
dc.identifier.epage306
dc.identifier.issn2805-4741
dc.identifier.spage289
dc.identifier.urihttps://epiiecons.usim.edu.my/index.php/eproceeding/article/view/84
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/17215
dc.language.isoen_USen_US
dc.publisherFaculty of Economics and Muamalat, Universiti Sains Islam Malaysia (USIM)en_US
dc.relation.conference10th International Islamic Economic System Conference 2023 (I-iECONS 2023)en_US
dc.subjectIslamic Digital Banking, Maqasid al-Shariah, Financial Inclusion, Proposed Frameworken_US
dc.titleIslamic Digital Banking Based on Maqasid Al-Shariah for Financial Inclusion: A Proposed Frameworken_US
dc.typeArticleen_US
dspace.entity.typePublication

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