Reinforcing Public Financial Trust Through Islamic Accounting Innovation: Transparency and Ethical Governance in the Post- Digital Era

Findyra Elivia Ihdin, Muhammad Rafi’i

Abstract


In the rapidly evolving post-digital landscape, where financial systems are
increasingly shaped by advanced technologies like artificial intelligence, blockchain, and big
data analytics, the demand for ethical transparency has never been more critical. This paper
examines Islamic accounting as an innovative framework that integrates timeless Sharia
principles with modern technological advancements to foster greater financial transparency
and generate positive societal impact. Grounded in values such
as amanah (trustworthiness), adl (justice), hisab (accountability), and maslahah (public
welfare), Islamic accounting transcends conventional profit-centric models by embedding
ethical governance directly into financial reporting systems. Through a qualitative
conceptual analysis and a comprehensive review of recent literature (2020–2024), this study
explores how post-digital tools when guided by Islamic ethical principles can enhance audit
reliability, prevent fraud, and promote inclusive economic participation. The findings suggest
that Islamic accounting innovation not only strengthens institutional credibility and
stakeholder trust but also contributes to broader socio-economic goals such as poverty
reduction, financial inclusion, and sustainable development. The paper concludes that
Islamic accounting offers a robust, value-driven paradigm for building resilient and just
financial ecosystems in the post-digital era, with implications for both Islamic and
conventional institutions worldwide.


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