Articles

GENERAL INFORMATION ABOUT DIGITIZATION OF ISLAMIC BANKING OPERATIONS IN THE DIGITAL ECONOMY

Vol. 3 No. 10 (2023): Евразийский журнал академических исследований 119-121

2023-10-16 Articles CC BY 4.0 Open Access

Authors

  • Mehrangiz Nizomova Denau Institute of Entrepreneurship and Pedagogy 4th year student of banking and auditing
  • Shahlo Esonova Denau Institute of Entrepreneurship and Pedagogy Accounting and auditing department A third-year student

Abstract

The digitization of financial services has transformed the banking industry across the globe. Islamic banking, as a niche but rapidly growing sector, is no exception to this transformation. This article explores the digitization of Islamic banking operations in the context of the digital economy. It discusses the key drivers, challenges, and opportunities in this evolving landscape, and highlights the importance of aligning Islamic finance principles with digital innovations to cater to the needs of a tech-savvy customer base.

Keywords:

References

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KPMG. (2020). The Islamic Banking in the Digital Age. KPMG International Cooperative. Retrieved from https://home.kpmg/islamicfinance

Oseni, U. A., & Hassan, M. K. (2018). Islamic Crowdfunding and Peer-to-Peer Lending in the Digital Economy. In: Hassan, M. K., & Mirakhor, A. (Eds.), Islamic Finance: Growth and Crisis (pp. 323-342). Palgrave Macmillan.

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Wilson, R. (2018). The Islamic Finance Handbook: A Practitioner's Guide to the Global Markets. Wiley.

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    Published

    2023-10-16

    How to Cite

    Nizomova , M., & Esonova , S. . (2023). GENERAL INFORMATION ABOUT DIGITIZATION OF ISLAMIC BANKING OPERATIONS IN THE DIGITAL ECONOMY. Eurasian Journal of Academic Research, 3(10), 119-121. https://www.in-academy.uz/index.php/EJAR/article/view/2572
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