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Overview of Blockchain Implementation on Islamic Finance: Saadiqin Experience
Az Azrinudin Alidin, Abdo Ali Abdullah Ali-Wosabi & Zamri Yusoff
Abstract
Saadiqin is an industrial solution for contract based Islamic core banking which comply
with the necessary pillars and conditions related to Muamalah Financial Contracts. The
introduction of Blockchain provides new opportunities for financial services to harness
the benefits of Blockchain. This paper discusses current problem with financial services
particularly Islamic financial, the benefits of Blockchain implementation in financial
services and the possibility of Saadiqin integration with Blockchain. Overall structure of
integration is presented and initial progress is presented in this paper.
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