The Role of Justice in Fin-Tech Performance: The analysis of Maqasid al-Syariah Index

Authors

  • Adibah Alawiah Osman Faculty of Business and Management, Universiti Teknologi MARA Puncak Alam, Selangor
  • Azwan Abdullah Faculty of Entrepreneurship and Business, Universiti Malaysia Kelantan
  • Siti Maziah Ab Rahman Faculty of Faculty of Business and Management, Universiti Teknologi MARA Machang Kelantan
  • Sharul Shahida Shakrein Safian Faculty of Business and Management, Universiti Teknologi MARA Puncak Alam, Selangor
  • Nor Zawani Mamat Ibrahim Faculty of Business and Management, Universiti Teknologi MARA Puncak Alam, Selangor
  • Norhasimah Shaharuddin Faculty of Business and Management, Universiti Teknologi MARA Puncak Alam, Selangor

DOI:

https://doi.org/10.14738/assrj.112.2.16418

Keywords:

Fin-Tech in Islamic Finance, Justice, Islamic Finance, Maqasid al-Syariah Index

Abstract

The essence of justice is how well a person harmonizes with what is right. It is clear that justice is one of the principles of exalted ethics, especially in terms of Shariah compliance, since the Quran and Sunnah provide a solid basis for justice. Integrating Islamic Finance knowledge with Islamic Ethics is crucial for holistically assessing Shariah compliance in the world of Finance Technology (FIN-TECH). In terms of justice, numerous prior researchers have done most of the work. In this study, secondary data was gathered from Islamic financial institutions of specified sectors regarding the Maqasid al-Syariah Index on justice. The partial least squares structural equation modeling (PLS-SEM) method was the main statistical technique employed in this study. This study aimed to offer a precise mode in which justice may influence the performance Fin-Tech in Islamic Finance's success. The study of justice plays a significant role in guiding the direction of Fin-Tech in Islamic Finance applications.

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Published

2024-03-06

How to Cite

Osman, A. A., Abdullah, A., Ab Rahman, S. M., Safian, S. S. S., Ibrahim, N. Z. M., & Shaharuddin, N. (2024). The Role of Justice in Fin-Tech Performance: The analysis of Maqasid al-Syariah Index . Advances in Social Sciences Research Journal, 11(2.2), 413–421. https://doi.org/10.14738/assrj.112.2.16418

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