CYBERSECURITY CHALLENGES IN DIGITAL ISLAMIC BANKING ESTABLISHED IN BANGLADESH: RISK MANAGEMENT PERSPECTIVE
| Dublin Core | PKP Metadata Items | Metadata for this Document | |
| 1. | Title | Title of document | CYBERSECURITY CHALLENGES IN DIGITAL ISLAMIC BANKING ESTABLISHED IN BANGLADESH: RISK MANAGEMENT PERSPECTIVE |
| 2. | Creator | Author's name, affiliation, country | Ebrahim Mollik; MSc, International Business with Data Analytics, Ulster University, United Kingdom |
| 2. | Creator | Author's name, affiliation, country | Faisal Majeed; Dr. Faculty of Business, Ulster University, United Kingdom |
| 3. | Subject | Discipline(s) | |
| 3. | Subject | Keyword(s) | cybersecurity in Islamic banking, digital transformation in the banking sector, risk management in banking organizations, Islamic financial theory, monetary frameworks in expanding economies |
| 4. | Description | Abstract | The rapid expansion of digital banking in impoverished countries presents novel problems, including data security and risk management for the Islamic banking sector. Including digital technologies in Bangladeshi Islamic organizations has made more people able to access services and financial providers. These businesses consequently become more vulnerable to cybersecurity problems such as data breaches, fraud, and cyberattacks, thus jeopardizing customer confidence and the integrity of the financial system. In this study, we investigate how effectively current risk management techniques address the cybersecurity challenges Bangladeshi digital Islamic banking encounters. This study reveals the areas of weakness by comparing global cybersecurity standards and development recommendations with the current systems of well-known Islamic banks in Bangladesh. The article looks at how these problems affect the general application of digital financial services, legislation, and customer confidence. This paper adds to what is previously known about cybersecurity in Islamic banking by providing doable suggestions on how to improve risk management in developing countries. It achieves this through a thorough reading of the body of the present literature, secondary data analysis, and in-depth interviews with important participants. The results clearly suggest that strict cybersecurity rules have to be observed since they complement Islamic financial concepts and the world's best standards. This would ensure that Bangladesh's digital Islamic banking market stays steady and keeps growing.
JEL: G21, G32, K24, L86
Article visualizations: |
| 5. | Publisher | Organizing agency, location | Open Access Publishing Group |
| 6. | Contributor | Sponsor(s) | |
| 7. | Date | (YYYY-MM-DD) | 2025-03-28 |
| 8. | Type | Status & genre | Peer-reviewed Article |
| 8. | Type | Type | |
| 9. | Format | File format | |
| 10. | Identifier | Uniform Resource Identifier | https://oapub.org/soc/index.php/EJEFR/article/view/1912 |
| 10. | Identifier | Digital Object Identifier (DOI) | http://dx.doi.org/10.46827/ejefr.v8i8.1912 |
| 11. | Source | Title; vol., no. (year) | European Journal of Economic and Financial Research; Vol 8, No 8 (2025) |
| 12. | Language | English=en | en |
| 13. | Relation | Supp. Files | |
| 14. | Coverage | Geo-spatial location, chronological period, research sample (gender, age, etc.) | |
| 15. | Rights | Copyright and permissions |
Copyright (c) 2025 Ebrahim Mollik, Faisal Majeed![]() This work is licensed under a Creative Commons Attribution 4.0 International License. The research works published in this journal are free to be accessed. They can be shared (copied and redistributed in any medium or format) and\or adapted (remixed, transformed, and built upon the material for any purpose, commercially and\or not commercially) under the following terms: attribution (appropriate credit must be given indicating original authors, research work name and publication name mentioning if changes were made) and without adding additional restrictions (without restricting others from doing anything the actual license permits). Authors retain the full copyright of their published research works and cannot revoke these freedoms as long as the license terms are followed. |
