Publication: Islamic Wealth Management and Digital Marketing in Achieving Sustainable Finance
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Date
2020-11-10
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Universiti Sains Islam Malaysia
Abstract
Purpose – This paper aims to analyze digital marketing's role in Islamic wealth management in achieving sustainable finance. Design/methodology/approach – The article presents an overview of Islamic Wealth Management (I.W.M.) by employing a qualitative method using document and content analysis classifying digital marketing's role on Islamic wealth management and its relationship to sustainable finance. Findings – The finding revealed that digital marketing's role in Islamic wealth management uses its elements: wealth accumulation, protection, distribution, and purification, which can engage with prospective investors and deepen the relationships with the existing clients, which is based on Islamic ethical values to achieve sustainable finance. Practical implications – The paper's importance contributes to the current theory and practice of Islamic wealth management. Practical Impact - The beneficial impact suggests I.W.M. is used in a traditional and digital approach. Originality/value – The practical implications mean I.W.M. is used in traditional and digital approaches.
Description
e-Proceedings of The 9th Islamic Banking, Accounting and Finance International Conference 2020 (iBAF2020)
“Navigating the New Normal in Islamic Finance and Wealth Management”
10th – 11th November 2020, Malaysia
Organized by: Faculty of Economics and Muamalat,USIM
Page: 113-121
Keywords
Digital Marketing, Islamic Wealth Management, Sustainable Finance