ISSN: 2222-6990
Open access
This research explores the integration of Shariah compliance in Fintech applications, focusing on how modern financial technologies can align with Islamic legal principles. The study examines core concepts such as the prohibition of Riba (interest), Gharar (uncertainty), and investments in Haram (unlawful activities), while analyzing case studies of successful Shariah-compliant Fintech solutions. Methodologically, the research adopts a qualitative approach, employing content analysis of Islamic legal texts, fatwas, and regulatory frameworks. Insights from Islamic scholars, Fintech experts, and regulatory bodies are gathered to ensure a comprehensive understanding of how Fintech applications can be structured to meet Shariah-compliant standards. The study also addresses the challenges Fintech developers face in implementing Shariah-compliant models, the role of Islamic scholars and regulatory bodies, and offers recommendations for enhancing compliance without stifling innovation. The findings emphasize the need for collaboration between stakeholders to ensure that Fintech solutions can meet both technological advancements and ethical requirements in Islamic finance.
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