Disrupting Islamic international trade finance using blockchain technology

• Main Authors: Adam Sa'ad, Auwal, Mohd Nor, Rizal, Engku Ali, Engku Rabiah Adawiah, Salina, Kassim
• Other Authors: Sarea, Adel M.
• Format: Book Chapter
• Language: English
• Published: Routledge 2021
• Subjects: BPC Science and Technology in Islam; BPC175 Islam and engineering. Sustainable engineering. Sustainable building; BPH Islamic Economics
• Online Access: http://irep.iium.edu.my/96865/1/96865_Disrupting%20Islamic%20international%20trade%20finance.pdf; http://irep.iium.edu.my/96865/

This paper discusses the feasibility of using disruptive technology in Islamic international trade finance by implementing the novel wakalah smart contract based on blockchain technology. It is believed that implementing this innovative approach could facilitate international trade transactions usin...