Big data analytics in islamic banking
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Authors
Sultan, Jamil
Author (Corporation)
Publication date
2019
Typ of student thesis
Course of study
Collections
Type
01B - Magazine or newspaper article
Editors
Editor (Corporation)
Supervisor
Parent work
International Academic Journal of Business Management
Special issue
DOI of the original publication
Link
Series
Series number
Volume
6
Issue / Number
1
Pages / Duration
21-31
Patent number
Publisher / Publishing institution
International Academic Institute For Science And Technology
Place of publication / Event location
Yamunanagar
Edition
Version
Programming language
Assignee
Practice partner / Client
Abstract
Islamic financial institutions must comply with the Shari‘ah law. This makes them distinctly different from conventional Western banks. Big Data Analytics (BDA) is a technology and as such regarded as culture-free. There are a few pilot BDA projects in conventional banks but none in Islamic banking. Our paper fills a research gap by analyzing possible applications and implications of BDA for Islamic banks and its regulatory institutions. Our field research showed that the benefits of BDA are already here or will flourish within the coming five years. Implications of our research are that Islamic Banks must start drafting a roadmap for their organization. Risk management is one area where BDA can be of great benefit.
Keywords
Subject (DDC)
330 - Wirtschaft
Event
Exhibition start date
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Conference start date
Conference end date
Date of the last check
ISBN
ISSN
2454-2768
Language
English
Created during FHNW affiliation
Yes
Strategic action fields FHNW
Publication status
Published
Review
Peer review of the complete publication
Open access category
Diamond
License
Citation
SULTAN, Jamil und Clemens BECHTER, 2019. Big data analytics in islamic banking. International Academic Journal of Business Management. 2019. Bd. 6, Nr. 1, S. 21–31. DOI 10.9756/iajbm/v6i1/1910003. Verfügbar unter: https://doi.org/10.26041/fhnw-6853