Key success drivers for implementation blockchain technology in UAE Islamic banking
| dc.contributor.author | Alomari, Khaled | |
| dc.contributor.author | AlMubydeen, Isa | |
| dc.contributor.author | Sbaee, Nour | |
| dc.contributor.author | Mbaidin, Hisham | |
| dc.date.accessioned | 2024-09-04T10:19:37Z | |
| dc.date.available | 2024-09-04T10:19:37Z | |
| dc.date.issued | 2024 | |
| dc.description | he global landscape is currently experiencing rapid transformation. At present, studies find us at a significant turning point in history, as our society is undergoing a transition from an industrialized economy to one that is being influenced by a new range of technologies (Mbaidin et al., 2024). The phenomenon of digitalization has been prevalent in the early twenty-first century, creating a link between technology and society and enabling intelligent and efficient support for individuals (Urfiyya & Sulastiningsih, 2021). The introduction of Blockchain Technology has been identified as a notable advancement in the field of digitalization (Guo & Yu, 2022). Blockchain innovation is a distributed, decentralized ledger technology that securely records information or transactions across several locations and individuals. | |
| dc.description.abstract | The utilization of blockchain technology is increasingly emerging as a catalyst for significant changes across multiple industries, including the domain of Islamic finance. This study examines the influence of blockchain technology on the factors that contribute to the successful adoption of blockchain in Islamic banks located in the United Arab Emirates (UAE). The present study employs a cross-sectional survey methodology, encompassing a sample of 344 banking professionals. The investigation utilizes Partial Least Squares Structural Equation Modeling (PLS-SEM) as a statistical technique to examine the association between several crucial variables, namely Trust, Financial Transfers, Operating Expenses, Safety and Security, and the effective implementation of blockchain technology. The results indicate that these variables have a major impact on the effectiveness of implementing blockchain technology, confirming its ability to boost the efficiency of transactions, decrease expenses, and enhance security while adhering to Shariah law. This work makes a vital contribution to the scholarly discourse around the deployment of technology in the context of Islamic banking. In particular, it emphasizes blockchain technology's part in fostering innovation within the sector and fostering a culture of compliance with the sector's ethical and operational standards. Keywords: Blockchain; Islamic banks; Success Drivers | |
| dc.identifier.citation | Mbaidin, H., Sbaee, N., AlMubydeen, I., & Alomari, K. (2024). Key success drivers for implementation blockchain technology in UAE Islamic banking. Uncertain Supply Chain Management, 12(2), 1175-1188. | |
| dc.identifier.doi | https://doi.org/10.5267/j.uscm.2023.11.016 | |
| dc.identifier.uri | https://repository.adu.ac.ae/handle/1/6356 | |
| dc.language.iso | en | |
| dc.publisher | Growing Science | |
| dc.title | Key success drivers for implementation blockchain technology in UAE Islamic banking | |
| dc.type | Article |