Blockchain-Based Sharia Accounting Model: Practical Implications for Increasing Transparency and Trust in Islamic Financial Institutions

Adimas Agus Ahmad Asy’arie; Arlinta Prasetian Dewi; Binti Nur Asiyah

doi:10.55927/fjst.v4i7.164

Authors

Adimas Agus Ahmad Asy’arie UIN Sayyid Ali Rahmatullah Tulungagung
Arlinta Prasetian Dewi UIN Sayyid Ali Rahmatullah Tulungagung
Binti Nur Asiyah UIN Sayyid Ali Rahmatullah Tulungagung

DOI:

https://doi.org/10.55927/fjst.v4i7.164

Keywords:

Blockchain, Sharia Accounting, Islamic Finance, Transparency, Smart Contracts

Abstract

This paper proposes a conceptual blockchain-based Sharia accounting model designed to enhance transparency and trust within Islamic Financial Institutions (IFIs). The research addresses the growing yet challenged Islamic finance industry by leveraging blockchain's inherent features, including immutability, decentralization, and smart contracts. The model aims to improve accountability, reduce fraud, and strengthen Sharia compliance by providing real-time, verifiable financial records. This approach offers a novel contribution by systematically integrating advanced technology with Islamic ethical principles, leading to more robust and reliable financial reporting for all stakeholders.

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