Metaverse Integration in Finance: Advancing Digitalization for Digital Islamic Finance in Malaysia

Abstract

The acceptance of technology and cultural sensitivity is a major obstacle for Islamic financial sector as it goes to embrace digitalization. Our examination investigates the custom of metaverse technology in Islamic investment as a means of mind making and driving digitalization for numeral Islamic finance in Malaysia. We look at the main foundations affecting the commitment of metaverse technology, such as lawful frameworks, technical preparedness, and cultural sympathy. Our research attempts to locate methods for getting around adoption problems so that metaverse technology might be seamlessly included hooked on Islamic lending. To investigate the associations between the variables, we use statistical tools. Our study contributes meaningfully to our understanding of the part that metaverse technology theatres in digital Islamic finance in Malaysia. This study recommended to researchers, manufacturing leaders, and officials on how to fully utilize metaverse technology's possible while maintaining Islamic principles and national sensitivity. This study adds to the formation of creative digital solutions that meet the particular supplies of the Islamic finance sector by examining the connection between metaverse skill and Islamic banking.