Purpose

This study aims to explore the existing Islamic financial technology (fintech) lending in Indonesia. Doing so is to better understand in what way the fintech firms have been promoting the global movement of sustainable development goals (SDGs) in the local context.

Design/methodology/approach

This study engages qualitative methods. This paper first reviews relevant literature related to fintech and establishes the substantive definition of Islamic fintech. Further, the existing literature of SDGs is explored to understand its original idea and its recent implementation, particularly in Indonesia. Following this, the official reports from the domestic regulators are referred to select the fintech firms which meet the criteria of Islamic fintech lending based on the proposed definition. The selected firms are then analysed based on several themes which best capture their position in promoting the SDGs. Finally, the discussion is linked to the recent performance of Indonesia in implementing SDGs.

Findings

This work finds that the reviewed fintech firms have been promoting the idea of financial inclusion, for example, financing the underdeveloped sectors such as agriculture and small and micro enterprises (SMEs). Furthermore, the selected fintech firms are also found to collect and distribute Islamic social funds such as infaq (charity spending), waqf (endowment) and sadaqah (voluntary charity). Besides, the firms are also found to initiate charity programmes for underprivileged community. In some degree, these findings are synonymous of the firms’ effort in promoting SDG of ending poverty (SDG 1) and hunger (SDG 2) and reducing the inequalities (SDG 10).

Research limitations/implications

The discussion of this work does not provide any positivist generalisation due to the method used.

Practical implications

The Indonesian Government is advised to legally engage with the existing fintech firms and other related stakeholders to best solve its recent issue of the declining trend in SDG 15 (life on land).

Social implications

This work elaborates in what way the Islamic fintech lending has been promoting the SDGs in Indonesian context. In some extent, such discussion can best challenge the social issue of fintech which has been stigmatised of bringing mafsadah (harm), as subjectively claimed by one particular religious group in Indonesia.

Originality/value

This study is among the pioneers which offers the definition of Islamic fintech and further explains its position in endorsing the global movement of SDGs.

中文翻译：

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伊斯兰金融科技如何促进可持续发展目标？来自印度尼西亚的定性证据

目的

这项研究旨在探讨印尼现有的伊斯兰金融技术（fintech）贷款。这样做是为了更好地了解金融科技公司在当地背景下以何种方式促进可持续发展目标（SDG）的全球运动。

设计/方法/方法

本研究采用定性方法。本文首先回顾了与金融科技相关的文献，并建立了伊斯兰金融科技的实质定义。此外，对可持续发展目标的现有文献进行了研究，以了解其最初的想法及其最近的实施，特别是在印度尼西亚。此后，根据拟议的定义，请国内监管机构的官方报告选择符合伊斯兰金融科技贷款标准的金融科技公司。然后根据几个主题对选定的公司进行分析，这些主题最能抓住他们在促进可持续发展目标方面的地位。最后，讨论与印度尼西亚在实施可持续发展目标方面的最新表现有关。

发现

这项工作发现，经过审查的金融科技公司一直在倡导金融普惠理念，例如，为农业和小型微型企业（SMEs）等不发达部门提供资金。此外，还发现选定的金融科技公司还收集和分配伊斯兰社会基金，例如infaq（慈善支出），waqf（捐赠）和sadaqah（自愿慈善）。此外，还发现这些公司为贫困社区发起了慈善计划。在某种程度上，这些发现是企业为促进可持续发展目标而努力的代名词，这些目标旨在消除贫困（可持续发展目标1）和饥饿（可持续发展目标2）并减少不平等现象（可持续发展目标10）。

研究局限/意义

由于使用的方法，对这项工作的讨论没有提供任何实证主义的概括。

实际影响

建议印尼政府与现有的金融科技公司及其他相关利益攸关方进行法律接触，以最好地解决其最近关于可持续发展目标15（陆上生命）下降趋势的问题。

社会影响

这项工作详细说明了伊斯兰金融科技贷款在印尼背景下促进可持续发展目标的方式。在某种程度上，这种讨论可以最好地挑战金融技术的社会问题，因为印度尼西亚的一个特定宗教团体在主观上声称，金融技术已经给人们蒙上了诽谤（侮辱）的耻辱。

创意/价值

这项研究是提供伊斯兰金融技术定义的先驱之一，并进一步说明了其在支持可持续发展目标的全球运动中的地位。