DIGITAL TECHNOLOGY INTEGRATION IN THE ISLAMIC FINANCIAL SYSTEM: TRENDS AND PROSPECTS FOR DEVELOPMENT

Abstract

 The rapid advancement of digital technologies is transforming the global financial sector, creating new opportunities for innovation and efficiency in Islamic finance. The integration of digital solutions such as financial technologies (FinTech), blockchain, artificial intelligence, big data, and digital payment systems is contributing to the modernization and expansion of the Islamic financial system. This article examines the main trends in the integration of digital technologies into Islamic finance and analyzes their impact on financial inclusion, operational efficiency, transparency, and Shariah compliance. Particular attention is given to the opportunities and challenges associated with digital transformation, including cybersecurity risks, regulatory issues, and technological adaptation. The study also explores future development prospects and highlights the importance of fostering innovation while maintaining the fundamental principles of Islamic finance.