Please refer to the document attached. Choose one case study. Read it. Write your opinion in no less than 5 sentences. Case Study III Fintech \& Islamic Social Finance Better Performance Evaluation More Transparency s. Integrity Prospects of Widening Fintech Adoption "We can use the concept of e-vouchers for "When Zakat payers and Wagf donors are able to monitor asnat who shop at selected stores as part of the flow of zakat and Wagf funds by using real-time data, it the distribution mechanism" definitely will give more information to them on how Zakat and Waqf institutions are managing these funds" "The use of apps in foodbank "For Waqf, the Fintech platform "We can explore especially the projects will be able to find out can be used to manage development of Waqf by using the number of items available the process of investment, Fintech tools such as bitcoin or in foodbank stores. So, we can expansion and maintenance sukuk" Fintech Tools easily monitor from everywhere of funds and Wagf assets. This and make decisions when to includes maintaining mosques refill these items in real-time" by using Waqf funds" Selected Fintech Adoption by Zakat \& Waqf Authorities in Malaysia "The use of Fintech in PPZ MALWP has been well received by staff and Zakat payers. The online system has been used extensively by Zakat payers. In addition, PPZ also use internet banking. The Zakat managers and staft also pusit puncuran zaxar support the implementation of Fintech." "The use of cashless technology is part of Zakat policy in Pahang. Fintech is growing more popular with digital receipts replacing cash payments, and the elderly increasingly adopting, mastering, and using the technology to pay Zakat online." "The Lembaga Zakat Kedah (LZNK) began its digital makeover in 2017. The implementation had changed our working procedures, working culture, customer experience, reducing errors, reducing unnecessary costs, paperless as well as accurate and timely decision-making." "The potential of the Zakat distribution efficiency, measured by the level of implementation of Fintech in collecting, administering, and distribution by Pulau Pinang Waqaf is not more than 50 percent at the moment." But there is a lot of potential in Fintech. Selected Fintech Adoption by Zakat \& Waqf Institutions in Indonesia "In ZISWAF Fintech helps data integration and payment method. Payment codes used in a v system can direct all players in the sharia digital financial service ecosystem to bridge from one point to another." "Relatively large Fintech are also closing in to complement their systems with Gojek's ziswaf, and the go-gift feature. Commercial P2P Fintech trusts are also developing Wagf features" gojek "Many Fintech companies such as Tokopedia Syariah, Shopee Syariah, Bukalapak Syariah, and e-wallet such as OVO, Dana, etc. have been integrated with Islamic institutions to facilitate payments" "BWI doesn't have a model for productive Waqf yet, but it is possible for all stakeholders and existing Fintech players to develop an efficient collection and distribution Waqf system
