The critical success factors (CSF) of blockchain technology effecting excel performance of banking sector: Case of UAE Islamic Banks
The present study aims to examine the implementation of Blockchain Technology within the financial sector, with a specific emphasis on its acceptance by Islamic banks operating in the United Arab Emirates (UAE). In the context of a technologically advanced period that necessitates expeditio...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
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Growing Science
2024-01-01
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Series: | International Journal of Data and Network Science |
Online Access: | http://www.growingscience.com/ijds/Vol8/ijdns_2023_172.pdf |
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author | Hisham O. Mbaidin Khaled Mohammad Alomari Isa Othman AlMubydeen Nour Qassem Sbaee |
author_facet | Hisham O. Mbaidin Khaled Mohammad Alomari Isa Othman AlMubydeen Nour Qassem Sbaee |
author_sort | Hisham O. Mbaidin |
collection | DOAJ |
description | The present study aims to examine the implementation of Blockchain Technology within the financial sector, with a specific emphasis on its acceptance by Islamic banks operating in the United Arab Emirates (UAE). In the context of a technologically advanced period that necessitates expeditious and safe transactions, blockchain emerges as a viable remedy by obviating the need for intermediary entities and augmenting the velocity and security of transactions. This study uses Partial Least Squares Structural Equation Modeling (PLS-SEM) to investigate the important success aspects of technology and its influence on the performance of Islamic banks. The findings of this study are of particular importance, as they demonstrate the considerable impact of Investment Willingness on Financial Resources. Additionally, the study highlights the crucial role played by Organizational Culture and Leadership Support in fostering readiness for adoption. This study serves as an initial step towards the wider use of blockchain technology in the financial industry, with a particular focus on its application within Islamic banking institutions. |
first_indexed | 2024-03-11T14:39:45Z |
format | Article |
id | doaj.art-29a0d481dbea4ca28cbcca224dafa082 |
institution | Directory Open Access Journal |
issn | 2561-8148 2561-8156 |
language | English |
last_indexed | 2024-03-11T14:39:45Z |
publishDate | 2024-01-01 |
publisher | Growing Science |
record_format | Article |
series | International Journal of Data and Network Science |
spelling | doaj.art-29a0d481dbea4ca28cbcca224dafa0822023-10-30T15:14:32ZengGrowing ScienceInternational Journal of Data and Network Science2561-81482561-81562024-01-018128930610.5267/j.ijdns.2023.9.024The critical success factors (CSF) of blockchain technology effecting excel performance of banking sector: Case of UAE Islamic BanksHisham O. MbaidinKhaled Mohammad AlomariIsa Othman AlMubydeenNour Qassem Sbaee The present study aims to examine the implementation of Blockchain Technology within the financial sector, with a specific emphasis on its acceptance by Islamic banks operating in the United Arab Emirates (UAE). In the context of a technologically advanced period that necessitates expeditious and safe transactions, blockchain emerges as a viable remedy by obviating the need for intermediary entities and augmenting the velocity and security of transactions. This study uses Partial Least Squares Structural Equation Modeling (PLS-SEM) to investigate the important success aspects of technology and its influence on the performance of Islamic banks. The findings of this study are of particular importance, as they demonstrate the considerable impact of Investment Willingness on Financial Resources. Additionally, the study highlights the crucial role played by Organizational Culture and Leadership Support in fostering readiness for adoption. This study serves as an initial step towards the wider use of blockchain technology in the financial industry, with a particular focus on its application within Islamic banking institutions.http://www.growingscience.com/ijds/Vol8/ijdns_2023_172.pdf |
spellingShingle | Hisham O. Mbaidin Khaled Mohammad Alomari Isa Othman AlMubydeen Nour Qassem Sbaee The critical success factors (CSF) of blockchain technology effecting excel performance of banking sector: Case of UAE Islamic Banks International Journal of Data and Network Science |
title | The critical success factors (CSF) of blockchain technology effecting excel performance of banking sector: Case of UAE Islamic Banks |
title_full | The critical success factors (CSF) of blockchain technology effecting excel performance of banking sector: Case of UAE Islamic Banks |
title_fullStr | The critical success factors (CSF) of blockchain technology effecting excel performance of banking sector: Case of UAE Islamic Banks |
title_full_unstemmed | The critical success factors (CSF) of blockchain technology effecting excel performance of banking sector: Case of UAE Islamic Banks |
title_short | The critical success factors (CSF) of blockchain technology effecting excel performance of banking sector: Case of UAE Islamic Banks |
title_sort | critical success factors csf of blockchain technology effecting excel performance of banking sector case of uae islamic banks |
url | http://www.growingscience.com/ijds/Vol8/ijdns_2023_172.pdf |
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