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Abstract

Exploring the Effect of Digital Financial Innovation inPromoting Financial Inclusion: An Analytical Study on Mashreqal-Arabi Islamic Bank and Hammurabi Commercial Bank

Dr. Jinan Ismail Salih

Al-Iraqia University, Faculty of Administration and Economics, Iraq

217 - 226
Vol.17, Jan-Jun, 2024
Receiving Date: 2024-03-03
Acceptance Date: 2024-06-01
Publication Date: 2024-06-10
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http://doi.org/10.37648/ijps.v17i01.016

Abstract

The primary objective of this study was to explore the effect of digital financial innovation in promoting financial inclusion. By adopting Mashreq al-Arabi Islamic Bank and Hammurabi Commercial Bank as a field of study. To achieve this objective, a total of (77) employees working in the two banks were selected as a sample for the study, and the researcher distributed a questionnaire form to them. The data obtained by the researcher was analyzed using the program (Spss V.22). After extracting the results, the study concluded that there is a positive and significant effect of digital financial innovation in promoting financial inclusion in Mashreq al-Arabi Islamic Bank and Hammurabi Commercial Bank. This indicates that investing in digital financial innovation represents a strategic and effective option to promote financial inclusion, as the adoption of digital financial technologies can play a vital role in promoting and developing access to financial services, and provides new possibilities to meet customers' needs and improve their financial experience.


Keywords: Digital Financial Innovation; Financial Inclusion; Mashreq al-Arabi Islamic Bank; HammurabiCommercial Bank.


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