Skip to main content
Springer Nature Link
Log in
Palgrave Macmillan

Islamic Finance, FinTech, and the Road to Sustainability

Reframing the Approach in the Post-Pandemic Era

  • Book
  • © 2023

Overview

Editors:
  1. Zul Hakim Jumat

    1. Center for Islamic Economics and Finance, College of Islamic Studies, Hamad Bin Khalifa University, Doha, Qatar

    View editor publications

    You can also search for this editor in PubMed   Google Scholar

  2. Saqib Hafiz Khateeb

    1. Research Division, College of Islamic Studies, Hamad bin Khalifa University, Doha, Qatar

    View editor publications

    You can also search for this editor in PubMed   Google Scholar

  3. Syed Nazim Ali

    1. Research Division, College of Islamic Studies, Hamad bin Khalifa University, Doha, Qatar

    View editor publications

    You can also search for this editor in PubMed   Google Scholar

  • Reframes Islamic finance sustainability and socio-economic development
  • Explores the role of innovative Islamic financial tools and FinTech in Islamic finance sustainability
  • Discusses what avenues are most effective for socio-economic policy improvement

Part of the book series: Palgrave CIBFR Studies in Islamic Finance (PCSIF)

  • 5704 Accesses

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution

Subscribe and save

Springer+ Basic
$34.99 /Month
  • Get 10 units per month
  • Download Article/Chapter or eBook
  • 1 Unit = 1 Article or 1 Chapter
  • Cancel anytime
Subscribe now

Buy Now

eBook USD 149.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

About this book

The recent unprecedented economic downturn and global supply chain disruption by the COVID-19 pandemic is accelerating the urgency for sustainable financing infrastructure that is agile, adaptable, and transformable. Sustainability and the 4th Industrial Revolution are about more than just technology-driven change; it is an opportunity to help everyone, including leaders, policymakers and people from all income groups and nations, to navigate industry disruptions and transitioning to a new normal by harnessing converging technologies in order to create an inclusive, human-centered future. 

The edited volume provides critical discussions on reframing the Islamic finance approach to sustainability and socio-economic development in the post-pandemic era. It highlights how selected Islamic finance tools alongside FinTech can not only ensure financial sustainability but also promote socio-economic policies that will aid the much-desired value and impact creation in the economy. The book focuses its analysis on the following three areas: reframing Islamic finance sustainability and socio-economic development;  innovative Islamic financial tools for sustainable and socio-economic impact; and the role of FinTech in the road to sustainability. The edited volume will be of interest to scholars, researchers, and students of Islamic finance, sustainability, and financial technology.

Similar content being viewed by others

Keywords

Table of contents (15 chapters)

  1. Front Matter

    Pages i-xxxiv
    Download chapter PDF

  2. Islamic Finance, FinTech and the Road to Sustainability: Reframing the Approach in the Post-Pandemic Era—An Introduction

    • Saqib Hafiz Khateeb, Syed Nazim Ali, Zul Hakim Jumat
    Pages 1-11

  3. Re-Framing Islamic Finance Sustainability and Socio-Economic Development

    1. Front Matter

      Pages 13-13
      Download chapter PDF

    2. Islamic Finance and Sustainability: The Need to Reframe Notions of Shariah Compliance, Purpose, and Value

      • Farrukh Habib
      Pages 15-40

    3. Tools and Conditions for Achieving Sustainable Development in Islamic Finance

      • Abdulazeem Abozaid, Saqib Hafiz Khateeb
      Pages 41-58

    4. Maqasid al-Shariah and Sustainable Development Goals Convergence: An Assessment of Global Best Practices

      • Noor Suhaida Kasri, Said Bouheraoua, Silmi Mohamed Radzi
      Pages 59-105

    5. The Resilience of Islamic Finance Against Pandemic-Induced Future Economic Crisis

      • Umar A. Oseni, Sukaynah O. D. Shuaib
      Pages 107-121

    6. Emergence of Islamic Finance in the Fourth Industrial Revolution and COVID-19 Post-Pandemic Era

      • Mohammad Sahabuddin, Abu Umar Faruq Ahmad, Md. Aminul Islam
      Pages 123-141

  4. Innovative Islamic Financial Tools for Sustainable and Socio-Economic Impact

    1. Front Matter

      Pages 143-143
      Download chapter PDF

    2. Sukuk Innovation: Powering Sustainable Finance

      • Mustafa Adil, Henk Jan Hoogendoorn, Zul Hakim Jumat
      Pages 145-158

    3. Mobilizing Funds for Industrialization and Development Through Islamic Value System, Capital Markets, and Social Finance

      • Salman Ahmed Shaikh
      Pages 159-180

    4. The Role of Green Sukuk in Maqasid Al-Shariah and SDGs: Evidence from Indonesia

      • Khairunnisa Musari, Sutan Emir Hidayat
      Pages 181-203

    5. Is Islamic Microfinance a Resilient Business Model During Periods of Crisis? Empirical Evidence from Arab Countries

      • Asma Ben Salem, Ines Ben Abdelkader, Sameh Jouida
      Pages 205-238

  5. FinTech Role in the Road to Sustainability

    1. Front Matter

      Pages 239-239
      Download chapter PDF

    2. Digital Finance and Artificial Intelligence: Islamic Finance Challenges and Prospects

      • Dawood Ashraf
      Pages 241-258

    3. Open Banking for Financial Inclusion: Challenges and Opportunities in Muslim-Majority Countries

      • Nasim Shah Shirazi, Ahmet Faruk Aysan, Zhamal Nanaeva
      Pages 259-282

    4. Islamic Specialized FinTech for Inclusive and Sustainable Growth in Sub-Saharan Africa

      • Jamila Abubakar, Ahmet Faruk Aysan
      Pages 283-307

    5. The Role of Technology in Effective Distribution of Zakat to Poor and Needy

      • M. Kabir Hassan, Aishath Muneeza
      Pages 309-331

    6. Notion of Value-Added in RegTech Research Work: What Is There for Islamic Finance?

      • Muslehuddin Musab Mohammed
      Pages 333-349

  6. Back Matter

    Pages 351-358
    Download chapter PDF
Back to top

Editors and Affiliations

  • Center for Islamic Economics and Finance, College of Islamic Studies, Hamad Bin Khalifa University, Doha, Qatar

    Zul Hakim Jumat

  • Research Division, College of Islamic Studies, Hamad bin Khalifa University, Doha, Qatar

    Saqib Hafiz Khateeb, Syed Nazim Ali

About the editors

Zul Hakim Jumat is a Researcher for the Center of Islamic Economics and Finance (CIEF), College of Islamic Studies, Hamad Bin Khalifa University (HBKU), Qatar Foundation. 

Saqib Hafiz Khateeb is a Research Fellow at College of Islamic Studies, Hamad Bin Khalifa University (HBKU), Qatar Foundation. Under the fellowship, he is the Project Lead for IBIR project - a bibliographic databank of Islamic Economics and Finance.  

Syed Nazim Ali is a Research Professor and the Director for the Research Division, College of Islamic Studies, at the Hamad Bin Khalifa University, Qatar Foundation.

 


Bibliographic Information

  • Book Title: Islamic Finance, FinTech, and the Road to Sustainability

  • Book Subtitle: Reframing the Approach in the Post-Pandemic Era

  • Editors: Zul Hakim Jumat, Saqib Hafiz Khateeb, Syed Nazim Ali

  • Series Title: Palgrave CIBFR Studies in Islamic Finance

  • DOI: https://doi.org/10.1007/978-3-031-13302-2

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023

  • Hardcover ISBN: 978-3-031-13301-5Published: 18 January 2023

  • Softcover ISBN: 978-3-031-13304-6Published: 18 January 2024

  • eBook ISBN: 978-3-031-13302-2Published: 17 January 2023

  • Series ISSN: 2523-3483

  • Series E-ISSN: 2523-3491

  • Edition Number: 1

  • Number of Pages: XXXIV, 358

  • Number of Illustrations: 13 b/w illustrations, 25 illustrations in colour

  • Topics: Development Economics, Financial Engineering, Economic Growth

Publish with us

Policies and ethics

Back to top