مجلة البحوث العلمية والدراسات الإسلامية
Volume 18, Numéro 3, Pages 72-88
2026-09-28

An Analytical Study Of Islamic Finance Development In Southeast Asia

Authors : Laksi Fouzia .

Abstract

This study analyzes the development of Islamic finance volume in Southeast Asian countries amid the transition toward the digital economy during the period 2017–2022. A descriptive approach was used for the theoretical framework, while an analytical approach was adopted to examine data collected from various reports on Islamic finance. The results reveal significant growth in the Islamic finance sector, particularly in Malaysia and Indonesia. Supported by digital transformation, government initiatives, and increasing awareness, the sector is expected to continue expanding and play a stronger role in the regional digital economy.

Keywords

Islamic Finance ; Southeast Asia ; Financial Development ; Digital Transformation