• Teguh Prakoso Sekolah Tinggi Ilmu Ekonomi Bisnis Manajemen Indonesia


This study explores the potential synergies and tensions between Islamic economic principles and the dynamics of the digital economy. The study begins with an overview of Islamic economic principles and their relevance in the contemporary business landscape. This chapter then examines the dynamics of the digital economy, including the rise of e-commerce, fintech, and social media, and their implications for Islamic finance and banking. The paper also discusses potential tensions between these two domains, such as the role of interests, privacy concerns, and regulatory challenges. Furthermore, this study presents case studies of companies and initiatives that incorporate Islamic economic principles in the digital economy. The paper concludes with implications and recommendations for policy makers, businesses, and other stakeholders as well as suggestions for future research. Therefore, this research provides valuable insights into the intersection between the Islamic economy and the digital economy and offers a framework for understanding how the two can work together to drive growth and innovation.


Abdelkarim, R. A., Mestiri, S., & Al-Amri, M. (2020). The role of Islamic finance in promoting financial inclusion in Saudi Arabia. International Journal of Islamic and Middle Eastern Finance and Management, 13(3), 314-332.

Abdullah, A. R., & Mohamad, S. (2021). Challenges and opportunities of Islamic fintech in the digital era. Journal of Islamic Accounting and Business Research, 12(1), 1-22.

Adhikari, S., & Gupta, R. K. (2019). E-commerce adoption in Islamic countries: A literature review. Journal of Islamic Marketing, 10(4), 879–895.

Ahmad, N., & Baydoun, N. (2020). Financial innovation, fintech, and Islamic finance. Journal of Islamic Accounting and Business Research, 11(5), 725–729.

Akhtar, S., Zaman, R., & Munir, Q. (2019). Impact of fintech on Islamic banking: A review. Journal of Islamic Accounting and Business Research, 10(4), 601-617.

Alam, N. (2018). Islamic finance and business: Capital, commerce, & careers. Paper presented at the Proceedings of Harvard University Muslim Alumni Islamic Finance Conference,

Al-Debei, M. M., & Al-Hujran, O. (2020). The impact of e-commerce on customer satisfaction in Islamic banking. Journal of Islamic Marketing, 11(5), 1455-1472.

Ali, F., Shah, S. Z. A., & Alam, M. N. (2019). The role of social media in the adoption of Islamic banking in Pakistan. Journal of Islamic Marketing, 10(2), 346-360.

Ali, F., Shah, S. Z. A., & Ali, S. S. (2020). The impact of mobile banking on Islamic banking in Pakistan. Journal of Islamic Marketing, 11(4), 932-946.

Ali, F., Shah, S. Z. A., Alam, M. N., & Rahman, Z. (2020). The potential of blockchain technology in enhancing the performance of Islamic banking industry: An empirical study. Journal of Islamic Marketing, 11(6), 1686-1702.

Ali, S. S., & Ali, F. (2020). A review of blockchain applications in Islamic finance. Journal of Islamic Marketing, 11(3), 590-603.

Ali, S. S., & Ali, F. (2021). Salam web browser: A Shariah-compliant browser for Muslim internet users. Journal of Islamic Marketing, 12(1), 94-107.

Al-Mawardi, A. (2017). Islamic economics: Theory, practice, and challenges. Palgrave Macmillan.

Almsafir, M. K. (2020). The impact of mobile banking on customer satisfaction: Evidence from Islamic banks in Jordan. Journal of Islamic Marketing, 11(6), 1746-1765.

Alshenqeeti, H. (2014). Interviewing as a data collection method: A critical review. English linguistics research, 3(1), 39-45.

Alzahrani, A. A., & Al-Shehri, M. A. (2021). The impact of Islamic finance on economic growth: An empirical analysis. Journal of Islamic Accounting and Business Research, 12(1), 129-147.

Alzarouni, M. A., & Khan, S. A. (2019). Islamic financial institutions and digital transformation: A review of the literature and future research directions. Journal of Islamic Accounting and Business Research, 10(5), 597-618.

Ameer, R., & Othman, R. (2019). The potential of blockchain technology in Islamic finance: A literature review and way forward. Journal of Islamic Accounting and Business Research, 10(2), 180-198.

Askari, H., Iqbal, Z., & Mirakhor, A. (2014). Introduction to Islamic economics: Theory and application John Wiley & Sons.

Beehive. (n.d.). About us. Retrieved April 24, 2023, from

Belk, R. W., Eckhardt, G. M., & Bardhi, F. (2019). Introduction to the handbook of the sharing economy: The paradox of the sharing economy. Handbook of the sharing economy (pp. 1-8) Edward Elgar Publishing.

Biancone, P. P., Secinaro, S., & Kamal, M. (2019). Crowdfunding and fintech: Business model sharia compliant. European Journal of Islamic Finance, (12)

Binici, M. (2020). Assessing the efficiency of Islamic banks: A literature review and future research directions. Journal of Islamic Accounting and Business Research, 11(1), 2–23.

Chapra, M. U. (2014). The Islamic vision of development in the light of Maqasid al-Shari'ah. The Journal of Islamic Economics, Banking, and Finance, 10(3), 9-28.

Dabbous, A., & Tarhini, A. (2021). Does sharing economy promote sustainable economic development and energy efficiency? Evidence from OECD countries. Journal of Innovation & Knowledge, 6(1), 58-68.

D'Cruz, P., Du, S., Noronha, E., Parboteeah, K. P., Trittin-Ulbrich, H., & Whelan, G. (2022). Technology, megatrends, and work: Thoughts on the future of business ethics. Journal of Business Ethics, 180(3), 879-902.

Elasrag, H., & El-Sayed, M. (2021). Islamic finance and the digital age: Current practices, challenges, and opportunities. Journal of Islamic Marketing, 12(2), 255-271.

Ethis Ventures. (n.d.). About us. Retrieved April 24, 2023, from

Farhan, H., Haniffa, R., & Hudaib, M. (2019). The role of blockchain technology in enhancing the sustainability of Islamic finance. Journal of Islamic Accounting and Business Research, 10(4), 712-727.

Fatmawatie, N. (2018). Sharia banks' financing role in developing micro, small, and medium enterprises (MSMEs) in Indonesia in the era of revolution industry 4.0. Paper presented at the Atlantis Press, Advances in Economics, Business and Management Research, Proceeding 1st International Conference on Islamic Economics and Business (ICONIES 2018), 101 1-5.

Hou, T., Cheng, X., & Luo, X. (2023). When carrots and sticks meet: A mixed-methods study on internet taxi drivers' job engagement in the IT-driven sharing economy. Information & Management, 103788.

Kamla, R., & G. Rammal, H. (2013). Social reporting by Islamic banks: Does social justice matter? Accounting, Auditing & Accountability Journal, 26(6), 911-945.

Karine, H. (2021). E-commerce development in rural and remote areas of BRICS countries. Journal of Integrative Agriculture, 20(4), 979–997.

Khan, M. (2018). Theorizing Islamic economics: Search for a framework for Islamic economic analysis SSRN.

Lewis, M. K. (2014). Principles of Islamic corporate governance. Handbook on Islam and economic life (pp. 243–267) Edward Elgar Publishing.

Mair, J., & Reischauer, G. (2017). Capturing the dynamics of the sharing economy: Institutional research on the plural forms and practices of sharing economy organizations. Technological Forecasting and Social Change, 125, 11-20.

Munn, Z., Peters, M. D., Stern, C., Tufanaru, C., McArthur, A., & Aromataris, E. (2018). Systematic review or scoping review? Guidance for authors when choosing between a systematic or scoping review approach. BMC Medical Research Methodology, pp. 18, 1–7.

Nikat, R. F., Loupatty, M., & Zahroh, S. H. (2021). Kajian pendekatan multirepresentasi dalam konteks pembelajaran fisika. JURNAL Pendidikan dan Ilmu Fisika, 1(2), 45-53.

Nitzberg, M., & Zysman, J. (2022). Algorithms, data, and platforms: The diverse challenges of governing AI. Journal of European Public Policy, 29(11), 1753-1778.

Rani, Abdul Nasir bin Haji Abdul. (2021). Digital economy transition: Brunei vision 2035 manifestation. IEco| Islamic Economics Journal, 1(1), 25-46.

Razali, N. H., Jaafar, N., & Ahmad, I. (2021). The impact of corporate social responsibility (CSR) on Islamic banking performance in Malaysia. Advanced International Journal of Banking, Accounting, and Finance, 3(8), 01-15.

Salaheldeen, M. (2022). Opportunities for halal entrepreneurs in the Islamic digital economy: Future and trends from a cultural entrepreneurship perspective. Cultural entrepreneurship: New societal trends (pp. 95-107) Springer.

Sanasi, S., Ghezzi, A., Cavallo, A., & Rangone, A. (2020). Making sense of the sharing economy: A business model innovation perspective. Technology Analysis & Strategic Management, 32(8), 895-909.

Sihotang, M. K. (2022). Consumption of halal products as Islamic economic culture in Indonesia. Paper presented at the Proceeding International Conference on Language, Literature, and Culture, 1 132.

Sundararajan, A. (2017). The sharing economy: The end of employment and the rise of crowd-based capitalism MIT press.

Yesuf, A. J., & Aassouli, D. (2020). I am exploring synergies and performance evaluation between Islamic funds and socially responsible investments (SRIs) in light of the sustainable development goals (SDGs). Heliyon, 6(8), e04562.

Zhang, S. I. (2019). The business model of journalism startups in China. Digital Journalism, 7(5), 614–634.



2023-09-29 — Diperbaharui pada 2023-11-21