Work

Shariah-Compliant E-Payment Framework in Malaysia: Integrating Fiqh, Digital Security and Regulatory Governance

Year: 2025

Type: article

Abstract: The emergence of online transactions and e-payment systems presents fresh challenges for Islamic scholars and researchers seeking to apply Shariah principles to the realm of e-commerce. With Malaysia's increasing adoption of e-commerce and online shopping, it becomes imperative to confront these challenges with Shariah-aligned solutions. This paper advocates for a comprehensive model that integrates a Shariah core framework, robust technical mechanisms, establishment of a regulatory body, and enactment of legal provisions to facilitate Shariah-compliant e-commerce transactions.

Source: Journal of Fatwa Management and Research

DOI: 10.33102/jfatwa.vol30no2.638

Authors: Mohd Zulkifli Muhammad, Fatihah Mohd, Tamrin Amboala, Hanudin Amin, Wan Fatin Fatihah Yahya, Muhammad Khalilur Rahman, Azila Jaini, Mohammad Salim Al-Rawashdeh

Institutions: Universiti Malaysia Kelantan, Universiti of Malaysia Sabah, Universiti Malaysia Terengganu, Universiti Teknologi MARA, Al-Balqa Applied University

Language: English

Topic: Islamic Finance and Banking Studies

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: diamond

OpenAlex ID: W4410907493

FWCI: 2.751

Cites:

Cited by: 1

Related to: 10