Waqf financial technology: its concept, importance and applications

Abstract

The world is witnessing significant advancements in digital technology and artificial intelligence, making these technologies an integral part of daily human life. They are used in various aspects of life, from cars and home surveillance cameras to kitchen appliances and medical devices that monitor health conditions, as well as banking services that facilitate financial transactions. This rapid technological development requires considering how to utilize it in the waqf sector to ensure it keeps pace with changes and achieves humanitarian goals at the individual and community levels.