- Take a look on project file and amend the research based on Professors' comments in attachment
- research objectives and research questions must be related to master project with consideration the professors' comments
- Amend hypotheses & abstract based on professors' comments
- Amend on ( Update on this file ) doc. , other files just for showing the comments and subject.
Abstract
Due to the rapid growth of the financial platform known as Fintech in the banking industries, organizations and institutions have devised innovative ways of handling their daily operations. The foundations have led to the eruption of technological advancements such as Artificial Intelligence, the Internet of Things (IoT), and blockchain in the banking industry without excluding the concept of Islamic banking. The primary objective of the study is to establish the actual impact of fintech on the concept of Islamic banking. The study also enhances the use of qualitative methods that are aimed at achieving the potential platform of research objectives expected to be achieved by the study. The Islamic Banking industry has experienced a positive impact from the fintech concept and there is a high possibility for Fintech to completely change the notion of Islamic banking as well as the finance industry. The study is aimed at focusing on the actual aspects of the impact of fintech and the potential reaction of the Islamic banking platforms towards the platform as compared to other platforms in the industry. There would be a critical analysis of the benefits and reasons as to why the Islamic banking and finance sector to categorically embrace the new concept of fintech to realize potential growth in the market. The concept of fintech. In some other instances serves as the actual bridge towards realizing progress in the Islamic finance sector. The platforms provided by fintech formulate growth models such as the use of Artificial Intelligence in banking systems to increase efficiency and quality of services provided.
Research objectives
- To examine the extent to which the State of Bahrain embraces financial technology and the projects it is planning in this context within the Islamic banks and banks.
- To determine the scale to which banks have benefited from the new banking technology- Fintech development.
- To examine the preparedness of the Bahrain banking institutions to embrace Fintech Development.
- To establish the position and role played by FinTech Development regarding the stability of banks and financial institutions in Bahrain
- To examine the impact of adopting Fintech Development by banking institutions in Bahrain
- To establish ways through which the incorporation of Fintech Development by Bahrain banking institutions will help improve the banking sector
Research questions
- What is the cultural relationship between the Bahrain banking institutions and the concept of new technology as well as innovation?
- Have the banks benefited from the right to benefit from this development in Bahrain?
- How suitable is the Bahraini financial system for this development?
- What is the significance of FinTech development in the stability of the banking sector?
- What is the impact of Fintech on the banking sector in Bahrain?
- In what way will the integration of Islamic Finance and FinTech development boost the banking sector?
Hypothesis
In the research, it will be presumed that:
I. FinTech development provides a positive effect on the stable Islamic banking sector
II. Islamic banking boosts the banking sector.
III. Integration of FinTech development and Islamic finance stabilizes the banking sector.