UADUAD

Ihtifaz: Journal of Islamic Economics, Finance, and BankingIhtifaz: Journal of Islamic Economics, Finance, and Banking

Digital Islamic finance is increasingly recognized as a strategic tool for promoting inclusive, ethical, and sustainable financial systems worldwide. In Indonesia, as the largest Muslim-majority country, Shariah-compliant digital finance plays a central role in national agendas for financial inclusion and sustainable economic development. This study examines the progress and institutional dynamics shaping digital Islamic finance in Indonesia from a public policy perspective, focusing on regulatory frameworks and the roles of key national institutions. Findings reveal significant advancements, including the enactment of Law No. 4/2023, the Digital Sharia Banking Roadmap (RP3SI), and initiatives led by the Financial Services Authority (OJK) and the National Committee for Islamic Economy and Finance (KNEKS). These efforts have strengthened financial literacy, expanded green sukuk instruments, and supported inclusive digital finance pilot programs. However, persistent challenges remain, such as rural infrastructure disparities, limited integration between ESG and Shariah principles, and fragmented regulatory oversight, which collectively hinder broader societal impact.

Digital Islamic finance in Indonesia has made significant progress through regulatory frameworks and institutional initiatives, but challenges persist.Regulatory fragmentation, unequal digital infrastructure, and limited Shariah compliance standardization hinder equitable development.While urban areas benefit from improved financial inclusion, rural and underbanked regions face systemic barriers.To realize the full potential of digital Islamic finance, Indonesia must address structural disparities through decentralized policy implementation, enhanced public education, and stronger coordination among regulatory and Shariah institutions.Integrating ESG and Maqasid al-Shariah frameworks into digital financial practices can foster a more ethical, inclusive, and sustainable financial ecosystem.

Berdasarkan temuan penelitian ini, beberapa saran penelitian lanjutan dapat dikembangkan. Pertama, penelitian tentang dampak harmonisasi regulasi terhadap pertumbuhan Islamic Fintech di Indonesia, khususnya dalam mengatasi fragmentasi kerangka kerja kebijakan. Kedua, analisis peran kemitraan publik-swasta dalam meningkatkan literasi digital dan kepercayaan masyarakat terhadap layanan keuangan syariah. Ketiga, studi tentang integrasi prinsip ESG dengan standar syariah dalam produk keuangan digital untuk memperkuat keberlanjutan dan inklusivitas sistem keuangan. Penelitian-penelitian ini dapat memberikan arah baru untuk memperkuat kerangka kebijakan dan praktik keuangan syariah di Indonesia.

  1. THE ROLE OF SHARIA FINTECH IN IMPROVING HALAL FINANCIAL INCLUSION IN MSMES IN INDONESIA | Likuid Jurnal... journal.uinsgd.ac.id/index.php/likuid/article/view/18693THE ROLE OF SHARIA FINTECH IN IMPROVING HALAL FINANCIAL INCLUSION IN MSMES IN INDONESIA Likuid Jurnal journal uinsgd ac index php likuid article view 18693
  2. Vol. 5 No. 1 (2025): January - June 2025 | Al-bank: Journal of Islamic Banking and Finance. vol january... doi.org/10.31958/ab.v5i1Vol 5 No 1 2025 January June 2025 Al bank Journal of Islamic Banking and Finance vol january doi 10 31958 ab v5i1
  3. Vol. 2 No. 4 (2025): Nomico - May | Nomico. vol nomico doi https habx0184 published articles influence... doi.org/10.62872/habx0184Vol 2 No 4 2025 Nomico May Nomico vol nomico doi https habx0184 published articles influence doi 10 62872 habx0184
  4. The Role of Financial Technology (Fintech) in Financial Inclusion and MSME Growth in Indonesia | Oikonomia... doi.org/10.61942/oikonomia.v2i3.339The Role of Financial Technology Fintech in Financial Inclusion and MSME Growth in Indonesia Oikonomia doi 10 61942 oikonomia v2i3 339
Read online
File size2.11 MB
Pages14
DMCAReport

Related /

ads-block-test