Transforming Financial Landscapes: Exploring the Nexus Between Digitalization in Accounting and Islamic Fintech Adoption

Implication: In Jordan, rapid digitalization requires the implementation of the ISO 20376 Standard to propel Islamic Fintech solutions to new heights. It focuses on developing an innovation-fit culture in institutions, considering Jordan’s conservative, individualistic culture. Regulatory frameworks...

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Bibliographic Details
Main Authors: Ayman Abdalmajeed Alsmadi, Khaled Saleh Al-Omoush
Format: Article
Language:English
Published: Wiley 2025-01-01
Series:Human Behavior and Emerging Technologies
Online Access:http://dx.doi.org/10.1155/hbe2/2854513
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Summary:Implication: In Jordan, rapid digitalization requires the implementation of the ISO 20376 Standard to propel Islamic Fintech solutions to new heights. It focuses on developing an innovation-fit culture in institutions, considering Jordan’s conservative, individualistic culture. Regulatory frameworks must facilitate technology adoption while adhering to Islamic financial principles, and there must be a sustainable financial sector. Policymakers and stakeholders must close theoretical gaps and practical challenges to establish an environment conducive to innovation in Islamic Fintech, driving the sector’s growth, flexibility, and excellence.
ISSN:2578-1863