Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)

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Smart Sukuk on Blockchain Technology: A Systematic Literature Review

Authors
Retno Dyah Pekerti1, *, Missi Hikmatyar1, Dede Rizal2, Isnaen Nurzaman1
1Universitas Cipasung, Tasikmalaya, Indonesia
2Universitas Perjuangan, Tasikmalaya, Indonesia
*Corresponding author. Email: retnodyahp@uncip.ac.id
Corresponding Author
Retno Dyah Pekerti
Available Online 26 June 2024.
DOI
10.2991/978-94-6463-443-3_57How to use a DOI?
Keywords
Blockchain; Financial Technology; Smart Sukuk
Abstract

Smart Sukuk is an innovation in conventional Sukuk that utilizes blockchain technology. This technology aims to enhance efficiency, reduce costs, and increase transparency, making it accessible to small and medium-sized enter-prises (SMEs). Smart Sukuk allows increased participation of retail and corporate investors in Sukuk issuances. Blossom Finance is the pioneer in issuing Sukuk using blockchain technology, with its first application in the Baitul Maal wat Tamwil (BMT) Bina Ummah, Indonesia. This study aims to explore the trends and potential of smart Sukuk from 2018 to 2023. A systematic literature review was conducted to uncover the current research trends in smart Sukuk. Using the Semantic Scholar database, 23 selected articles were collected and analyzed using VOSviewer. The analysis results indicated that research on smart Sukuk still needed to be improved, particularly in technology-based Sukuk issuance and the opportunities and challenges it presented. One of the reasons for this is the need for clear regulations regarding the use of blockchain technology in smart Sukuk.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
26 June 2024
ISBN
978-94-6463-443-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-443-3_57How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Retno Dyah Pekerti
AU  - Missi Hikmatyar
AU  - Dede Rizal
AU  - Isnaen Nurzaman
PY  - 2024
DA  - 2024/06/26
TI  - Smart Sukuk on Blockchain Technology: A Systematic Literature Review
BT  - Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)
PB  - Atlantis Press
SP  - 434
EP  - 439
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-443-3_57
DO  - 10.2991/978-94-6463-443-3_57
ID  - Pekerti2024
ER  -