Evolution of Digital Islamic Banking and Finance Through IR 4.0

Abstract

In line with the advancement of digital technology, which has permeated nearly every industry, especially the banking industry, Malaysia's fourth industrial revolution (IR 4.0) has advanced a number of industrial sectors. The development of this technology has made it simpler for customers to do business. However in the midst of the fourth industrial revolution, the development of digital technology might potentially pose a danger to traditional banking and more advantage to the current banking situation. The Multidisciplinary Research on the Entrepreneurship and Business E-Colloquium 2022/2023Colloquium was held in as virtual on 30 January 2023 at Campus Kota, Universiti Malaysia Kelantan. It was a delightful event with all the final year undergraduate student participants had many fruitful discussions and exchanges that contributed to the success of the colloquium. 11 papers for field of digital in banking and finance was presented during the colloquium. The main objective of the colloquium is to be a platform for students to present and publish their works as well as to share their research progress with their colleagues and experts.