FatwaFederal TerritoriesTransactions & Finance
BAYAN LINNAS SIRI KE-359 : DIGITALISASI MEMPERKASA SISTEM KEWANGAN ISLAM
Is the use of digital technology in Islamic banking and finance permissible in Sharia?
Short answer
The use of new digital instruments in Islamic financial services is permissible as long as it brings benefit (maslahah) to users.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Federal Territories Mufti Office
- Date
- Status
- Opinion (irsyad)
- Series
- Bayan Linnas
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The use of new digital instruments in Islamic financial services is permissible as long as it brings benefit (maslahah) to users. An innovation is not judged by its novelty but by the benefits and harms it produces. Such technology must be free from fraud, riba, gharar, data misuse and the spread of false information. Islamic financial institutions must also maintain continuous Sharia monitoring and governance over every digital innovation.
Written in our own words from the original fatwa — check the source before acting on it.
Dalam kerangka syarak, penggunaan instrumen digitalisasi baharu adalah harus selagi ia menuju kemaslahatan dan manfaat urusan perkhidmatan kewangan.
Read the full fatwa on the Federal Territories website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Federal Territories Mufti Office. “BAYAN LINNAS SIRI KE-359 : DIGITALISASI MEMPERKASA SISTEM KEWANGAN ISLAM”, 6 August 2026. https://muftiwp.gov.my/ms/artikel/bayan-linnas/6632-bayan-linnas-siri-ke-359-digitalisasi-memperkasa-sistem-kewangan-islam. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/ruling-on-digital-technology-in-islamic-finance/