LEADER 04744nam 22005775 450 001 9910483517703321 005 20240313122639.0 010 $a9783030492489 010 $a3030492486 024 7 $a10.1007/978-3-030-49248-9 035 $a(CKB)5410000000054427 035 $a(MiAaPQ)EBC6414271 035 $a(DE-He213)978-3-030-49248-9 035 $a(Perlego)3481329 035 $a(EXLCZ)995410000000054427 100 $a20201128d2021 u| 0 101 0 $aeng 135 $aurnn|008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aFintech, Digital Currency and the Future of Islamic Finance $eStrategic, Regulatory and Adoption Issues in the Gulf Cooperation Council /$fedited by Nafis Alam, Syed Nazim Ali 205 $a1st ed. 2021. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2021. 215 $a1 online resource (XIX, 246 p. 36 illus.) 311 08$a9783030492472 311 08$a3030492478 327 $a1. Introduction: FinTech and Islamic Finance in the Gulf Cooperation Council (GCC); Nafis Alam and Syed Nazim Ali -- 2. A Critical Analysis of Bitcoin from an Islamic Legal Perspective; Farrukh Habib -- 3. Combining Islamic Equity Portfolios and Digital Currencies: Evidence from Portfolio Diversification; Abdelkader O. El Alaoui, Amina Dchieche and Mehmet Asutay -- 4. The Application of Smart Contracts to Murabahah Home Financing: Towards an Integrated Model; Mohamed Cherif El Amri, Mustafa Omar Mohammed and Ruslan Sabirzyanov -- 5. The Application of FinTech in Microtakaful as a Means of Digital Financial Inclusion: Insights from the GCC; Muhammad Ashfaq and Najeeb Zada -- 6. Gharar Free Rebittance: Powered by Blockchain; Lokesh Gupta -- 7. Regulatory Issues in Cryptocurrency Usage; Abdolhossein Zameni and Nafis Alam -- 8. Beyond the Jurisprudential Quagmire: Perspectives on the Application of Digital Currencies and Blockchain Technology in Islamic Economics and Finance; EvrenTok -- 9. Does FinTech Revolution Lead to the Disintermediation of Banks? A Study into Islamic Bank Income; Ruhaini Muda, Mohd Saifulizwan Mohd Lateff, Roshayani Arshad, Arif Azhan Rashdan, Ibrahim Abiodun Oladapo and Jaizah Othman -- 10. Utilising Blockchain Technology for Post-trade Securities Settlement: A Framework for Islamic Capital Markets in the GCC Region; Leisan Safina and Umar A. Oseni -- 11. Any Luck with Bitcoin in Saudi Arabia?; Umara Noreen, Zaheer Ahmad, Ohoud Saud Mohammed Alfirm and Nouf Ahmad Hamad Alhomoudi -- 12. Strategic Assessment of Islamic FinTech in GCC Countries; Tariq Gulrez. 330 $aThe banking and financial landscape has been inundated with technology over the last decade, with FinTech, InsurTech and RegTech being just some of the new applications within finance. In the Gulf Cooperation Council (GCC), FinTech is yet to ­find its feet despite several digital transformation drives initiated by the regional governments in the UAE and Bahrain. In comparison to conventional ­finance, the use of FinTech within Islamic financial institutions (IFIs) in GCC countries is still in its very early stages. However, the potential disruption that technology may cause for the Islamic ­finance sector within this region cannot be underestimated. Aiming to highlight, examine and address key strategic, operational and regulatory issues facing IFIs as they make an effort to keep up with the FinTech revolution, this book explores the market positioning, product structure and placement, delivery channels and customer requirements within the GCC market. The authors evaluate the current situation and look forward to future regulation surrounding technology and financial institutions within the GCC. Scholars and students researching Islamic finance and financial technology will find this book an insightful and valuable read, as well as those interested in international finance more generally. 606 $aFinancial services industry 606 $aBusiness enterprises$xFinance 606 $aInternational finance 606 $aFinancial Services 606 $aCorporate Finance 606 $aInternational Finance 615 0$aFinancial services industry. 615 0$aBusiness enterprises$xFinance. 615 0$aInternational finance. 615 14$aFinancial Services. 615 24$aCorporate Finance. 615 24$aInternational Finance. 676 $a332.1091767 702 $aNafis Alam 702 $aAli$b Syed Nazim 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910483517703321 996 $aFinTech, digital currency and the future of Islamic finance$92843883 997 $aUNINA