Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Electronic Integrated Computer Algorithm Journal
Iwan Setiawan
Sunan Gunung Djati State Islamic University
Computer Science & IT Decision Sciences, Operations Research & Management Electrical & Electronics Engineering Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : electronic integrated computer algorithm journal

 1 
Financial Inclusion and Institutional Resilience in AI-Driven Islamic Finance: A Contract-Based Risk Governance Framework Muharman Lubis; Iwan Setiawan; Dudang Gojali; Egi Al Fansyah; Sahidan Abdulmana
Electronic Integrated Computer Algorithm Journal Vol. 4 No. 1 (2026): VOLUME 4, NO 1: OCTOBER 2026
Publisher : Yayasan Asmin Intelektual Berkah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62123/enigma.v4i1.243

Abstract

The growing use of artificial intelligence (AI) in Islamic finance has complicated the allocation of responsibility when financing decisions depend on automated assessments. This study develops a conceptual governance framework by reconstructing the complementary functions of Kafalah, Wakalah, and rahn. Using a qualitative doctrinal-comparative approach, it examines the contracts individually and through three pairwise relationships, then maps their functions to AI-related risks and institutional controls. The analysis identifies Kafalah–rahn as a mechanism for coordinating guarantees and collateral, Kafalah–Wakalah for linking guarantee obligations with accountable delegation, and Wakalah–rahn for governing delegated collateral activities. These relationships inform a five-layer architecture covering contractual authority, contingent risk allocation, collateral risk mitigation, technological governance, and maqāṣid al-sharīʿah-based evaluation. An illustrative financing scenario shows how model validation, human oversight, decision traceability, and proportionate safeguards may operate together. The framework distinguishes responsible financial access from institutional resilience without assuming that either outcome follows automatically. Its contribution is conceptual, and practical effectiveness requires subsequent expert and institutional assessment.
Co-Authors Dudang Gojali Egi Al Fansyah Muharman Lubis Sahidan Abdulmana