Islamic Banking Support for Digital Sports Services

Abstract

This study explores the financing of digital sports training services within the broader framework of the rapidly expanding digital economy, with particular emphasis on the potential role of Islamic banks in supporting and sustaining such services. The research sheds light on the specific challenges associated with financing intangible assets, such as mobile applications, online platforms, and other technology-driven tools that form the backbone of modern digital sports services. These assets often lack physical collateral, making their financing more complex, and raising the question of whether Islamic finance can provide Sharia-compliant yet innovative solutions to overcome such barriers. Employing a descriptive-analytical approach, the paper examines the scope of available funding opportunities and evaluates a range of Islamic financial instruments that could be adapted to meet the needs of this emerging sector. Furthermore, it suggests practical mechanisms and strategies to enhance cooperation between Islamic financial institutions and the growing digital sports industry.