The Process of Risk Management: Sketching the Providers of Islamic Micro-Finance

Abstract

With the assistance of using comparative analysis and interviews, we have formulated study on two discreet types of Islamic microfinance institutions: Non-government organizations & Commercial financial institutions. This has relatively been done with the help of taking into consideration the systematic disbursement and repayment methods. Conclusively, both of the companies were susceptible to Shariah risk, operational risk and credit risk. Furthermore, company B has a well renowned goodwill in the market therefore, it is prone to reputational risk as well.

Exploring the moderating role of religious orientation on Islamic Fintech adoption

“…The impact of this influence is particularly noticeable in the field of Islamic fintech, substantially influencing individuals' mindsets and practices, as specified by Alsmadi et al (2023a, 2023b). In Addition, as the Islamic financing field experiences considerable growths in financial modern technology, it becomes crucial to focus on adherence to Shariah ideas, as highlighted by Awais et al (2020). Shariah governance functions as the regulative structure for Islamic fintech efforts, encompassing the standards and principles controlling Islamic monetary deals.…”