The role of financial innovation in the creation of competitive advantage: case of Islamic banks operating in Algeria

Abstract

In order to stand out in a market where competition is increased, the leaders of banking companies must strive to find different means to follow the evolution of demand, therefore financial innovation is important, whose role is decisive in the creation of competitive advantage.The objective of this paper is to verify whether Islamic banks give importance to financial innovation, using a quantitative study based on a questionnaire of a sample of executive employees chosen in the banking space. Islamic Algerian, while relying on "SPSS" software to process the data relating to our research. It appears from this study that there is a statistically significant role of financial innovation in the creation of competitive advantage in Islamic banks operating in Algeria.