The Role of Fintech in Enhancing the Efficiency of Islamic Banking Opportunities and Challenges Final

https://doi.org/10.5281/zenodo.18667651

Abstract

The research explores how financial technology (Fintech) transforms Islamic banking operations to achieve better efficiency. This research combines quantitative data evaluation methods with qualitative knowledge to study four major Fintech developments which include digital payments and blockchain Sukuk issuance and robo-advising and AI-assisted credit scoring. The research analyzes performance improvements through Fintech adoption by using DEA together with SEM combined with statistical analytics. The analysis relies on visualizations through bar charts alongside flowcharts to show operational improvements which demonstrate complete technological effects. The research investigates the operational difficulties Islamic banks encounter when implementing Fintech solutions by focusing on Shariah compliance issues. The research delivers practical recommendations for banks that want to use Fintech solutions to achieve operational efficiency and cost reduction and better customer service within Islamic banking principles.