Digital Governance and Its Role in the Islamic Economy- Analytical Study

Authors

  • Razzaq Makhour Daoud Al-Gharawi Law Department, Imam Jaafar Al-Sadiq University, Iraq

DOI:

https://doi.org/10.31150/ajshr.v5i8.2900

Keywords:

Digital Governance, Islamic Economy, Sharia Compliance, Financial Institutions, Economic Management

Abstract

This study investigates the role of digital governance within the Islamic economy, aiming to explore how modern technological advancements can be integrated into Islamic financial institutions while adhering to Sharia law. The research employs an analytical and comparative approach to examine the intersection of digital governance and Islamic economics, focusing on its implications for economic management and institutional transparency. The results indicate that digital governance offers a framework of systems and mechanisms that enhance the efficiency, accountability, and transparency of Islamic institutions. These governance practices, while rooted in the principles of Islamic economics, are essential for the modern adaptation of these institutions, particularly in the global economy. The study concludes that adopting digital governance within Islamic finance can significantly improve the management and operational integrity of these institutions, ensuring their alignment with both religious and modern economic principles.

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Published

2024-08-31

How to Cite

Al-Gharawi, R. M. D. (2024). Digital Governance and Its Role in the Islamic Economy- Analytical Study. American Journal of Social and Humanitarian Research, 5(8), 195–206. https://doi.org/10.31150/ajshr.v5i8.2900

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