PERAN FINTECH DALAM MENDUKUNG EFISIENSI DAN TRANSPARANSI PASAR MODAL SYARIAH

Authors

  • Nurlisa Safitri Institut Agama Islam Negeri Bone
  • Andi Lisa Aryani Hamjan Institut Agama Islam Negeri Bone
  • Bustan Ramli Institut Agama Islam Negeri Bone
  • Sitti Nikmah Marzuki Institut Agama Islam Negeri Bone

DOI:

https://doi.org/10.20414/mu.v17i2.14493

Keywords:

Fintech, Efficiency, Transparency, Sharia Capital Market

Abstract

The development of financial technology (fintech) has had a significant impact on the global financial system, including strengthening the growth of the Islamic capital market in Indonesia. This study aims to analyze how fintech plays a role in increasing the efficiency and transparency of the Islamic capital market while remaining based on Islamic principles. The method used is a qualitative approach through library research, reviewing various literature, scientific journals, and relevant legal documents. The results show that fintech integration contributes to increased efficiency by accelerating transaction processes, reducing operational costs, and expanding investor access to digital financial services. Furthermore, fintech also strengthens the transparency of the Islamic capital market by providing a blockchain-based recording and reporting system that is open, accurate, and verifiable in real time, in line with the values ​​of trust and justice in Islamic transactions. Thus, fintech not only plays a role as a financial technology innovation but also as an instrument for strengthening Islamic values ​​through the application of the principles of honesty, openness, and responsibility in Islamic capital market activities in Indonesia.

Downloads

Download data is not yet available.

References

Aduba, Joseph Jr, Behrooz Asgari, and Hiroshi Izawa. “Does FinTech Penetration Drive Financial Development? Evidence from Panel Analysis of Emerging and Developing Economies.” Borsa Istanbul Review 23, no. 5 (2023): 1078–97. https://doi.org/10.1016/j.bir.2023.06.001.

Aeni, Fariyatul, Cory Vidiati, and Dini Selasi. The use of Financial Technology (Fintech) in Capital Market Investments. n.d.

Akttausyaniah, Nazma, and Rahmat Maulani Hidayat. PENGARUH FINTECH SYARIAH TERHADAP PERKEMBANGAN INVESTASI DI PASAR MODAL SYARIAH (TINJAUAN TERHADAP REKSADANA SYARIAH). n.d.

Amalia, Bella. “Peran Modal Sosial Islami Dalam Memediasi Pengaruh Literasi Keuangan Syariah Dan Teknologi Finansial Terhadap Inklusi Keuangan Syariah Pada Mahasiswa Ekonomi Syariah Di Universitas Kabupaten Jember.” Journal of Islamic Economics (JoIE) 5, no. 1 (April 2025): 78–91. https://doi.org/10.21154/joie.v5i1.10553.

Boston Consulting Group (BCG) & QED Investors. Global Fintech Report 2024. no. June. New York, 2024.

Fauqah Nuri Aini, Julina. Blockchain Sebagai Solusi Transparansi Dalam Keuangan Syariah. Zenodo, June 17, 2025. https://doi.org/10.5281/ZENODO.15683326.

Harahap, Kartini. Keuangan Bisnis Dan Fintech: Strategi Inovasi Dalam Era Digital. Medan: PT Media Penerbit Indonesia, n.d.

Hidayat, Nazma Akttausyaniah dan Rahmat Maulani. “Pengaruh Fintech Syariah Terhadap Perkembangan Investasi Di Pasar Modal Syariah ( Tinjauan Terhadap Reksadana Syariah ).” Cahaya Mandalika, 2020, 1170–81.

Indonesia, Bank. Dukung Kemajuan Eksyar Dengan Penguatan Strategi Pendalaman Pasar Keuangan Syariah. Indonesia, n.d.

Insights, Fortune Business. FinTech Market Size, Share & Industry Analysis, By Technology (AI, Blockchain, RPA, and Others), By Application (Fraud Monitoring, KYC Verification, and Compliance & Regulatory Support), By End Use (Banks, Financial Institutions, Insurance Companies, And. India, n.d.

ISLAMIC FINANCIAL SERVICES INDUSTRY STABILITY REPORT 2024. n.d.

Kusuma, Hendra, and Wiwiek Kusumaning Asmoro. “Perkembangan Financial Technologi (Fintech) Berdasarkan Perspektif Ekonomi Islam.” Istithmar : Jurnal Studi Ekonomi Syariah 4, no. 2 (2020): 141–63. https://doi.org/10.30762/istithmar.v4i2.14.

Lailatul Qomariyyah, Febbi Dian Amalia Sari, and GHIFARI ROBBY MAULANA. “Efektifkah Fintech Terhadap Perkembangan Pasar Modal Syariah?” JIEF Journal of Islamic Economics and Finance 4, no. 2 (2024): 1–11. https://doi.org/10.28918/jief.v4i2.8657.

Lailatul Qomariyyah, Febbi Dian Amalia Sari, and Ghifari Robby Maulana. “Efektifkah Fintech terhadap perkembangan pasar modal syariah?” JIEF Journal of Islamic Economics and Finance 4, no. 2 (November 2024): 1–11. https://doi.org/10.28918/jief.v4i2.8657.

Marzuki, Sitti Nikmah, Institut Agama Islam Negeri Bone, Wanti Ernawati, Universitas Borobudur Jakarta, Wahyu Purbo Santoso, and Univesitas Siber Asia. Fintech Dan Keuangan Islam: Teori Dan Praktik. Publica Indonesia Utama, 2022. https://doi.org/10.55216/publica.17.

Mirzal, Husnul, Irham Zaki, and M. Bastomi Fahri Zusak. “How Does Islam Support the Green Economy? A Study on Turath Perspective.” Journal of Islamic Monetary Economics and Finance 10, no. 4 (2024): 657–78. https://doi.org/10.21098/jimf.v10i4.1962.

Murinde, Victor, Efthymios Rizopoulos, and Markos Zachariadis. “The Impact of the FinTech Revolution on the Future of Banking: Opportunities and Risks.” International Review of Financial Analysis 81, no. March (2022): 102103. https://doi.org/10.1016/j.irfa.2022.102103.

Muzdalifa, Irma, Inayah Aulia Rahma, Bella Gita Novalia. “( Pendekatan Keuangan Syariah ).” Jurnal Masharif Al- Syariah:Jurnal Ekonomi Dan Perbankan Syariah 3, no. 1 (2018): h. 1-24.

Negarawati, Esa, and Siti Rohana. “Peran Fintech Dalam Meningkatkan Akses Keuangan Di Era Digital.” Jurnal Ekonomi, Bisnis Dan Manajemen 3, no. 4 (2024): 46–60. https://doi.org/10.58192/ebismen.v3i4.2712.

(OJK), Otoritas Jasa Keuangan. SIARAN PERS RDK DESEMBER 2024: PENGEMBANGAN DAN PENGUATAN SEKTOR JASA KEUANGAN UNTUK SEKTOR JASA KEUANGAN YANG STABIL DAN BERDAYA TAHAN. no. September 2024. 2025.

Oktaviani, Yeyen, Husnul Khatimah, and Hardiansyah Hardiansyah. “Peran Teknologi Keuangan (Fintech) Dalam Pengelolaan Keuangan Pribadi Perempuan Yang Bekerja.” Journal of Accounting and Finance Management 5, no. 6 (2025): 1603–8. https://doi.org/10.38035/jafm.v5i6.1369.

———. “Peran Teknologi Keuangan (Fintech) dalam Pengelolaan Keuangan Pribadi Perempuan yang Bekerja.” Journal of Accounting and Finance Management 5, no. 6 (January 2025): 1603–8. https://doi.org/10.38035/jafm.v5i6.1369.

Otorita Jasa Keuangan (OJK). “SIARAN PERS PASAR MODAL INDONESIA RESILIEN SEPANJANG 2024 Penutupan Perdagangan Bursa Efek Indonesia Tahun 2024.” In Ojk. 2024.

Pramono, Sigit, and Agus Fakhrina. “Transformasi Pasar Modal Syariah Melalui Inovasi Digital: Peluang dan Tantangan.” Bisnistek: Jurnal Ilmiah Bisnis Digital 1, no. 1 (July 2024): 30–41. https://doi.org/10.69533/8bmbhz43.

Putri, Khaira Ummah Junaedi. [Update] Data Fintech Indonesia: Panduan Lengkap. n.d.

Putri Tri Cahyani, Syahrul Anwar, and Dede Kania. “BISNIS KOMODITAS TERLARANG DALAM PERSPEKTIF ETIKA BISNIS HUKUM EKONOMI SYARIAH.” Mu’amalat: Jurnal Kajian Hukum Ekonomi Syariah 16, no. 2 (December 2024): 159–70. https://doi.org/10.20414/mu.v16i2.11757.

Septiana, Nurul Izzati, and Hilda Sanjayawati. “Sukuk on Blockchain: Application, Advantages, and Challenges.” Jihbiz Jurnal Ekonomi Keuangan Dan Perbankan Syariah 5, no. 2 (July 2021): 120–33. https://doi.org/10.33379/jihbiz.v5i2.855.

Zulkepli, Muhammad Izzul Syahmi, Mohammad Taqiuddin Mohamad, and Saaidal Razalli Azzuhri. “LEVERAGING BLOCKCHAIN-BASED SMART CONTRACT IN ISLAMIC FINANCIAL INSTITUTIONS: ISSUE AND RELEVANT SOLUTION.” International Journal of Islamic Economics and Finance Research 6, no. 1 (July 2023): 18–28. https://doi.org/10.53840/ijiefer96.

Downloads

Published

2025-12-29

Issue

Section

Articles