Work

Islamic Fintech Adoption Readiness in Pakistan

Year: 2025

Type: article

Abstract: iFintech is termed as an Islamic alternative banking and financial services approach to that of existing, Fintech digital, Western democracies banking and financial systems. This Pakistan Islamic digital banking and financial services technologies (iFintech) study engages a qualitative NVivo study, and a quantitative covariance based structural equation modelling (CB-SEM) study to assess how young, tech savvy, capital city respondents likely approach their readiness to adopt iFintech. Study data engages qualitative assessments and quantitative framework modelling. Research findings show a competencies and capabilities framework enlists three major pathways (economic worth, social acceptance, plus technical transfer associated risks) that can influence iFintech adoption readiness. This empirical study presents a new, robust, iFintech adoption readiness approach which predominantly Islamic countries like Pakistan may choose to consider when encouraging their young, tech savvy, capital city residents towards adopting digital banking and financial services within their nation.

Source: FinTech

DOI: 10.3390/fintech4040055

Authors: John Robert Hamilton, Dil Nawaz Hakro

Institutions: James Cook University, Middle East College

Language: English

Topic: Islamic Finance and Banking Studies

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: gold

Estimated APC paid: $1,207