FinTech integration in the financial management of Islamic social enterprises
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Nurul Aini Muhamed 
, Muhammad Iqmal Hisham Kamaruddin , Sofiah Md Auzair, Saunah Zainon
This work is licensed under a Creative Commons Attribution 4.0 International License.
Abstract
Financial technology (FinTech) is seen as a solution to challenges such as a lack of transparency, inefficiency, and time consumption. This study investigates the adoption of FinTech in the financial management of mosque institutions within the context of Islamic social enterprises (ISEs). It specifically examines the areas of FinTech adoption within these institutions and the challenges encountered during the adoption process. Using a qualitative research design, data were gathered through interviews with six mosques involved in FinTech initiatives. The findings highlight the integration of FinTech in areas such as collection, revenue management, disbursement, recording, and financial reporting. The study also identifies mosques as key institutions for fostering community engagement and promoting financial literacy, emphasising the importance of integrating FinTech into traditional practices. This paper contributes to the growing discourse on FinTech adoption in religious contexts, offering practical recommendations for leveraging ISE to overcome barriers and enhance community empowerment.
Keywords: Financial Technology (FinTech), Islamic Social Enterprise (ISE), Financial Management, Mosques, Islamic Accounting
Authors’ individual contribution: Conceptualization — N.A.M. and M.I.H.K.; Methodology — M.I.H.K.; Writing — N.A.M. and M.I.H.K.; Supervision — S.Z.; Project Administration — S.M.A.
Declaration of conflicting interests: The Authors declare that there is no conflict of interest.
JEL Classification: M40, M41
Received: 13.03.2025
Revised: 14.06.2025; 16.09.2025
Accepted: 22.09.2025
Published online: 23.09.2025
How to cite this paper: Muhamed, N. A., Kamaruddin, M. I. H., Auzair, S. M., & Zainon, S. (2025). FinTech integration in the financial management of Islamic social enterprises [Special issue]. Risk Governance and Control: Financial Markets & Institutions, 15(3), 272–279. https://doi.org/10.22495/rgcv15i3sip9
