The Impact of Financial Technology on Financial Performance: An Applied Study in a Sample of Islamic Banks in Iraq

The aim of the research is to show the impact of financial technology in its combined dimensions (adoption of financial technology, investments in information technology) on the financial performance of Iraqi Islamic banks. The descriptive analytical approach (quantitative) was adopted, the simple probability sample method, the primary data were collected through the questionnaire, the research sample was 103 managers in the general administration, and it was analysed and hypotheses were tested using the SPSS V.23 program. The results showed that there is a weak significant (direct) correlation between financial technology in its combined dimensions and financial performance (ROA) at a significance level of 0.05, a significant impact of financial technology in its combined dimensions on financial performance (ROA) at a significance level of 0.05, and a significant direct significant impact of the dimension of investments in information technology on financial performance (ROA). The researchers recommend working on improving information security by using advanced encryption systems and firewalls to protect financial data, launching incentive programs to encourage digital innovation within banks, and employing information technology specialists to support digital transformation in the banking sector.