Digital transformation In Islamic Banking Services

Abstract

This study aims to show the impact of digital transformation on the legitimacy of Islamic banking services, in order to know the aspects related to compliance with Islamic Sharia regulations for digital banking services. To answer the study's problem statement, the descriptive analytical approach was followed by highlighting the conceptual framework of digital transformation, digital banking services, then Islamic banking services, and finally the legal controls for digital banking services and the legitimacy of credit cards and digital currencies. The study concluded that the legality of Islamic banking services depends on the extent to which they comply with the principles of Islamic banking work, and that the legitimacy of credit cards depends on the method of use and its source; And that the controversy surrounding the legality of digital currencies revolves around whether or not to include a description of cash and the legality of handling it; It also became clear that digital banking services cannot be permitted or completely banned, but that each service must be adapted and classified and then assessed as permitted or prohibited.