Cuadernos de Economía

ISSN : 0210-0266
Untitled-43

Sharia Financial Technology (Fintech) Management Model in Indonesia

  • Siti Mujiatun , Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara, Medan, Indonesia
  • Julita , Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara, Medan, Indonesia
  • Ihsan Effendi , Magister Agribisnis, Pascasarjana, Universitas Medan Area, Medan, Indonesia
  • Rahmayati , Fakultas Agama Islam, Universitas Muhammadiyah Sumatera Utara, Medan, Indonesia
  • Afif Badawi , Fakultas Sains dan Teknologi, Universitas Pembangunan Panca Budi, Medan, Indonesia

Keywords:

Sharia risk management, sharia complaint management, fintech security, innovation management, user satisfaction..

Abstract

To solve the knowledge gap, the purpose of this study is to design and provide a sharia fintech management model for Indonesia. Using a Likert scale questionnaire, the cross-sectional technique collects primary data. This study employed a partial least square–structural equation model for the analysis of research data and empirical contribution to literature. According to the conclusions of this study, sharia fintech management can be enhanced by enhancing user happiness, sharia risk management, innovation management, fintech security, and sharia complaint management. This study's model is founded on the major constructs drawn from the context of the sharia fintech paradigm. The sharia fintech model produced by this research contributes significantly to the body of knowledge. The finding has significant theoretical consequences that are novel to this kind of knowledge. The practical consequences of this study include a means to enhance the management of sharia-compliant fintech in Indonesia. This research has produced a new model, yet the model has several drawbacks. Future directions for this research include adding additional linkages and expanding knowledge of the sharia fintech model.