International Research and Academic scholar society

The Impact of Sustainable Fintech on ‘Islamic Corporate Financial Management’ Research on Bangladesh Perspective


Sr No:
Page No: 102-119
Language: English
Authors: Ashraf Shahriar*
Received: 2025-06-19
Accepted: 2025-06-06
Published Date: 2025-06-10
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Abstract:
As the worldwide financial industry moves towards sustainability and digital innovation, the intersection of sustainable fintech and Islamic corporate financial management (ICFM) offers a significant opportunity for developing nations like Bangladesh. This research investigates the influence of sustainable fintech—characterized as technology-led financial solutions that adhere to environmental, social, and governance (ESG) criteria—on the strategic financial operations of Islamic corporations functioning under Shariah law. Utilizing empirical data gathered from Islamic financial institutions, corporate finance divisions, and fintech companies in Bangladesh, the study assesses how sustainable fintech affects financial planning, capital structuring, ethical investment, and risk management in alignment with Islamic laws. The research adopts a mixed-methods framework, combining survey responses from 350 corporate finance practitioners with expert interviews from regulators in Islamic finance and innovators in sustainable fintech. Key insights indicate that fintech solutions—such as platforms for green sukuk, Shariah-compliant blockchain technologies, and ESG-integrated financial analysis—are improving transparency, accountability, and long-term sustainability in ICFM. Nonetheless, obstacles like regulatory uncertainty, a lack of awareness regarding ESG standards, and a dearth of expertise in Islamic fintech are hindering wider acceptance. The findings conclude that although Bangladesh's Islamic finance sector is slowly integrating sustainable fintech, it needs stronger regulatory frameworks, initiatives for capacity building, and collaborative innovation to truly realize its potential. Policy suggestions include establishing a national Shariah-compliant fintech framework, advocating for green Islamic finance instruments, and creating ESGcompliant digital reporting standards for corporate entities. This research adds to the expanding literature at the crossroads of Islamic finance, sustainability, and digital advancement, providing strategic insights for policymakers, business leaders, and fintech entrepreneurs in Bangladesh and other developing Muslim-majority nations.
Keywords: Islamic, Corporate, Financial, Shariah, Banks, Fintech, ESG, ICFM, Bangladesh.

Journal: IRASS Journal of Arts, Humanities and Social Sciences
ISSN(Online): 3049-0170
Publisher: IRASS Publisher
Frequency: Monthly
Language: English

The Impact of Sustainable Fintech on ‘Islamic Corporate Financial Management’ Research on Bangladesh Perspective