Implications of ICT for Islamic Finance and Economics

Yilmaz Bayar, Mohamed Sadok Gassouma

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Hardback

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English

IGI Global
13 May 2025

Economics; Property & real estate; Communications engineering & telecommunications

Islamic economics and finance, grounded in ethical and value-based principles, play a significant role in the financial choices of over 1.9 billion Muslims worldwide. As the industry rapidly grows surpassing US$4.5 trillion in assets it is becoming an increasingly influential part of the global financial system, particularly in Asia and the Middle East. At the same time, the widespread adoption of information and communication technologies (ICT) is transforming how financial services are delivered and accessed. Exploring the intersection of ICT and Islamic finance is crucial for understanding how digital innovation can enhance financial inclusion, transparency, and compliance within a values-based economic framework. This convergence holds the potential to reshape the future of ethical finance on a global scale. Implications of ICT for Islamic Finance and Economics investigates the implications of ICT for Islamic finance and economics from a multidisciplinary perspective. Through a multidisciplinary lens, it examines how digital innovation can enhance financial inclusion, operational efficiency, and ethical compliance in value-driven financial systems. Covering topics such as participation banks, Shariah principles, and Monte Carlo simulations, this book is an excellent resource for financial practitioners, business leaders, economists, professionals, researchers, scholars, academicians, and more.

Edited by: Yilmaz Bayar, Mohamed Sadok Gassouma
Imprint: IGI Global
Dimensions: Height: 254mm, Width: 178mm, Spine: 19mm
Weight: 794g
ISBN: 9798369380796
Pages: 350
Publication Date: 13 May 2025
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Hardback
Publisher's Status: Active

Yilmaz Bayar awarded the PhD degree in the field of Economics in Istanbul University Institute of Social Sciences in 2012. He worked as an Assistant Professor in the Faculty of Business Administration, Karabuk University during the period September 2012-March 2015 and as an Associate Professor in the Faculty of Economics and Administrative Sciences, Usak University, during the period March 2015-October 2020 and now working as a Professor in the Faculty of Economics and Administrative Sciences, Bandirma Onyedi Eylul University, since October 2020.