The chapter focuses on the concept of crowdfunding, its origin and the reasons behind its rapid growth and development as well as its benefits and risks. It examines the concept by categorising key elements that need careful assessment in the adoption of crowdfunding in Islamic finance. The chapter deals with some recommendations that are necessary for the development of a viable and Shari‘ah-compliant crowdfunding industry. Crowdfunding is a financial innovation that facilitates financial intermediation through the use of online web-based platforms to connect fund users and fund providers. The differences in the mentioned model are seen in some of the regulations of crowdfunding businesses emanating from some Muslim countries. The fintech disruption and its impact on crowdfunding in particular was made possible by the digital revolution and the widespread penetration of technology-driven applications, which is in almost every segment of the financial sector.