The Impact of Cloud-Based Systems on Accounting Operations in Islamic Banks: A Case Study of Al-Yaqeen Bank, Libya

الملخص

This study investigates the impact of cloud computing systems on accounting operations within Islamic banks, focusing on an applied case study of Al-Yaqeen Bank in Libya. In light of the increasing global adoption of cloud technologies and their potential to enhance operational performance, the research aims to evaluate their effectiveness in improving accounting efficiency, accuracy, data security, and cost management in the Libyan context. Using a structured questionnaire distributed to employees of the Financial Management Department at Al-Yaqeen Bank, the study adopts a descriptive and analytical approach, employing statistical tools such as the Shapiro–Wilk test and one-sample t-test to assess hypotheses across four dimensions. The results reveal that cloud systems significantly improve the efficiency of accounting operations, enhance the accuracy of financial reports, and reduce human error. Additionally, cloud platforms contribute to greater data security despite prevailing cybersecurity concerns and reduce long-term operational costs, even in the face of high initial investment. However, the study also highlights that inadequate telecommunications infrastructure and the lack of skilled personnel significantly constrain the effective adoption of cloud systems. Based on these findings, the study recommends the strategic adoption of cloud technologies in Islamic banks, coupled with investments in digital infrastructure and human capital development, to optimize the benefits of digital transformation in Libya’s financial sector.