Financial Technology Strategy for Islamic Banking Competitiveness
DOI:
https://doi.org/10.21580/al-arbah.2023.5.1.17998Keywords:
Financial Technology, Efficiency, Development of Islamic banking.Abstract
Purpose - Analyze the development of Financial Technology and Islamic banking financial data to have implemented financial technology for customers and the profits achieved.Method - This research is qualitative with a literature study connected with the phenomena in Islamic banking to implementing financial technology.Result - Show that the level of service and financial technology is valid, practical and efficient for customers and benefits for Islamic banking. Implication - Technological developments can have benefits for users according to their needs. One of the benefits is related to efficiency in use. Financial institutions use technology to make easier for their customers in digital-based financial transactions. Originality- This research studies the development of Islamic bank performance, the development of Islamic bank financing from the number of ATMs, one form of Islamic banking financial technology in Indonesia.References
A Rusdiana. 2018. Kewirausahaan Teori dan Praktik. CV. Pustaka Setia
Bank Indonesia, “Financial Technology”, dalam www.bi.go.id.
Departemen Komunikasi Bank Indonesia. 2018. Mengenal Financial Teknologi. Jakarta: BI (https://www.bi.go.id/id/edukasi/Pages/mengenal-Financial-Teknologi.aspx)
Burhanuddin Susanto, Hukum Perbankan Syariah di Indonesia, (Yogyakarta: UII Press, 2018), hlm. 3.
Muryanto, YT (2022). The urgency of shariah compliance regulations for Islamic Fintechs: a comparative study of Indonesia, Malaysia and the United Kingdom. Journal of Financial Crime. https://doi.org/10.1108/JFC-05-2022-0099
Otoritas Jasa Keuangan. 2023. Yuk Mengenal Fintech! Keuangan Digital yang Tengah Naik Daun. Jakarta: OJK (https://sikapiuangmu.ojk.go.id/FrontEnd/CMS/Article/10468)
PwC Growth Markets Centre, The Future of ASEAN – Time to Act Financial Services, Mei 2018, hlm. 8.
SEF FEB UGM. 2021. Mengenal Lebih Dekat Fintech Syariah : Fintech Paling Potensial di Indonesia. Jogja: UGM (https://sef.feb.ugm.ac.id/mengenal-lebih-dekat-fintech-syariah-fintech-paling-potensial-di-indonesia/)
State of the Global Islamic Economy Report 2018/19, (https://www.pwc.com/sg/en/publications/assets/healthcare-future-asean-2018.pdf)
Statistik Perbankan Syariah Juni 2018, dalam www.ojk.go.id
Statistik Perbankan Syariah Desember 2022, dalam www.ojk.go.id
Downloads
Published
Issue
Section
License
Authors who publish with this journal agree to the following terms:
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
Licensing
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.