TY - BOOK AU - Mohamed,Hazik AU - Ali,Hassnian TI - Blockchain, Fintech, and Islamic Finance: Building the Future in the New Islamic Digital Economy SN - 9783110744897 AV - HG187.4 .M64 2022 U1 - 332.0917/67 23 PY - 2022///] CY - Berlin, Boston : PB - De Gruyter, KW - Blockchains (Databases) KW - Islamic countries KW - Finance KW - Religious aspects KW - Islam KW - Technological innovations KW - Blockchain KW - Islamic Finance KW - Künstliche Intelligenz KW - BUSINESS & ECONOMICS / Islamic Banking & Finance KW - bisacsh KW - AI and Blockchain Applications KW - Change Management KW - Digital Transformation KW - Islamic Digital Economy KW - Technology Adoption N1 - Frontmatter --; Advance Praise for Blockchain, Fintech, and Islamic Finance --; Acknowledgments --; Foreword to the First Edition --; Preface --; Contents --; Chapter 1 Introduction --; Chapter 2 Fintech – Definition, History, and Global Landscape --; Chapter 3 Importance of Fintech and its Applications --; Chapter 4 Emergence of Islamic Fintech and its Developments --; Chapter 5 Blockchain and the Digital Economy --; Chapter 6 Expanded Use Cases of Blockchain --; Chapter 7 Data Risk Management For Advanced Islamic Financial Institutions --; Chapter 8 Evolution of Blockchain --; Chapter 9 Response of Islamic Financial Institutions --; Chapter 10 Cash Waqf (Endowments) Management Through the Blockchain --; Chapter 11 A Unified Islamic Digital Currency – The Digital Dinar --; Index; restricted access; Issued also in print N2 - Following the success of the first edition that brought attention to the digital revolution in Islamic financial services, comes this revised and updated second edition of Blockchain, Fintech and Islamic Finance. The authors reiterate the potential of digital disruption to shrink the role and relevance of today’s banks, while simultaneously creating better, faster, cheaper services that will be an essential part of everyday life. Digital transformation will also offer the ability to create new ways to better comply to Islamic values in order to rebuild trust and confidence in the current financial system. In this new edition, they explore current concepts of decentralized finance (DeFi), distributed intelligence, stablecoins, and the integration of AI, blockchain, data analytics and IoT devices for a holistic solution to ensure technology adoption in a prudent and sustainable manner. The book discusses crucial innovation, structural and institutional developments for financial technologies including two fast-growing trends that merge and complement each other: tokenization, where all illiquid assets in the world, from private equity to real estate and luxury goods, become liquid and can be traded more efficiently, and second, the rise of a new tokenized economy where inevitably new rules and ways to enforce them will develop to fully unleash their capabilities. These complementary and oft-correlated trends will complete the decentralization of finance and will influence the way future financial services will be implemented. This book provides insights into the shift in processes, as well as the challenges that need to be overcome for practical applications for AI and blockchain and how to approach such innovations. It also covers new technological risks that are the consequence of utilizing frontier technologies such as AI, blockchain and IoT. Industry leaders, Islamic finance professionals, along with students and academics in the fields of Islamic finance and economics will benefit immensely from this book UR - https://doi.org/10.1515/9783110745016 UR - https://www.degruyter.com/isbn/9783110745016 UR - https://www.degruyter.com/document/cover/isbn/9783110745016/original ER -