The Impact of Open Banking on the Islamic Financial Industry
thesis
submitted on 2024-10-28, 06:47 and posted on 2024-11-03, 08:53 authored by Kenan Alrshid AbazeedThe aim of this study is to examine the impact of open banking APIs, application program interfaces, on the Islamic financial industry. This study shows that financial technology and open banking are the variables that are statistically correlated with each other. Search counts in APIs show a statistically significant positive correlation with search counts in open banking, which is an indication that more APIs are associated with more open banking. It is also revealed that the growth of financial technology comes with an increase in open banking. Bitcoin market capitalization and Islamic banking and finance are negatively correlated with open banking. Bitcoin transaction word counts display no significant correlation.
History
Language
- English
Publication Year
- 2022
License statement
© The author. The author has granted HBKU and Qatar Foundation a non-exclusive, worldwide, perpetual, irrevocable, royalty-free license to reproduce, display and distribute the manuscript in whole or in part in any form to be posted in digital or print format and made available to the public at no charge. Unless otherwise specified in the copyright statement or the metadata, all rights are reserved by the copyright holder. For permission to reuse content, please contact the author.Institution affiliated with
- Hamad Bin Khalifa University
- College of Islamic Studies - HBKU
Degree Date
- 2022
Degree Type
- Master's
