Financial Technology Innovation in Modernizing Zakat Payment in the Digital Era

Research Aims: To explore how the use of fintech in zakat payment is viewed from both Islamic jurisprudential and historical perspectives. Methodology: Library research is used as the primary data collection method. Research Findings: The research concludes that the use of financial technology for zakat payments is an innovative and flexible solution grounded in ijtihad (independent legal reasoning) within Islamic jurisprudence and The use of fintech in zakat payment is a form of technology fiqh (Islamic jurisprudence related to technology) that provides functional benefits in the context of zakat. Theoretical Contribution: Research finding the discourse on Islamic jurisprudence by highlighting how financial technology can be integrated into zakat payment systems, offering a new approach to Islamic financial practices. Research limitation and implication: The use of fintech can significantly streamline zakat payments, making the process more accessible and efficient for Muslims in Indonesia.

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Publication Details

Journal
Journal of Business Management and Islamic Banking
Published
2024-12-10
DOI
https://doi.org/10.14421/jbmib.v3i1.2351
Citations
1
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.95
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article

Financial Technology Innovation in Modernizing Zakat Payment in the Digital Era

Ibi Satibi, Abdullah Alief
1 citations
Journal of Business Management and Islamic Banking
Islamic Finance and Banking Studies
0.95
article

Financial Technology Innovation in Modernizing Zakat Payment in the Digital Era

Ibi Satibi, Abdullah Alief
article en
1 citations

Abstract

Research Aims: To explore how the use of fintech in zakat payment is viewed from both Islamic jurisprudential and historical perspectives. Methodology: Library research is used as the primary data collection method. Research Findings: The research concludes that the use of financial technology for zakat payments is an innovative and flexible solution grounded in ijtihad (independent legal reasoning) within Islamic jurisprudence and The use of fintech in zakat payment is a form of technology fiqh (Islamic jurisprudence related to technology) that provides functional benefits in the context of zakat. Theoretical Contribution: Research finding the discourse on Islamic jurisprudence by highlighting how financial technology can be integrated into zakat payment systems, offering a new approach to Islamic financial practices. Research limitation and implication: The use of fintech can significantly streamline zakat payments, making the process more accessible and efficient for Muslims in Indonesia.

Journal of Business Management and Islamic Banking
Sunan Kalijaga State Islamic University Yogyakarta (ID)
Openalex Percentile: Top 17%
Islamic Finance and Banking Studies
0.95
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