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Implications of ICT for Islamic Finance and Economics

Implications of ICT for Islamic Finance and Economics
Author(s)/Editor(s): Yilmaz Bayar (Bandırma Onyedi Eylül University, Turkey)and Mohamed Sadok Gassouma (University Ez-Zitouna, Tunisia)
Copyright: ©2025
DOI: 10.4018/979-8-3693-8079-6
ISBN13: 9798369380796
EISBN13: 9798369380819

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Description

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.



Author's/Editor's Biography

Yilmaz Bayar (Ed.)
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.

Mohamed Gassouma (Ed.)
Mohamed Sadok Gassouma is an associate Professor have an hability to conduct research. I obtained a doctoral degree then an habilitation diploma in finance delivered by the Faculty of Economics and Management of Tunis in Tunisia. I taught from 2006 until 2009 as a contractual assistant in finance at the higher business school of Tunis then as a permanent assistant from 2010 until 2012 at the higher institute of Finance and Taxation of Sousse as an assistant professor from 2013 until 2021 and from 2022 until now a as an associate Professor having an hability to conduct research. I started my teachings in Islamic finance at 2018 until now at the Higher Institute of Theology University EZ-Zitouna.

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