Norizan, Siti Noraisyah Binti
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AI in Islamic finance: Global trends, ethical implications, and bibliometric insights Iqbal, Muhammad Saeed; Sukamto, Fifi Anti Mapika Sari Binti; Norizan, Siti Noraisyah Binti; Mahmood, Shanayyara; Fatima, Arooj; Hashmi, Faiza
Review of Islamic Social Finance and Entrepreneurship Volume 4 Issue 1, 2025
Publisher : Center for Islamic Economics and Development Studies [P3EI]

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/RISFE.vol4.iss1.art6

Abstract

Purpose – This study explores the integration of Artificial Intelligence (AI) in Islamic finance, analyzing global trends, ethical implications, and future research directions. The purpose is to assess AI’s role in enhancing Sharia compliance, regulatory adherence, and operational efficiency in Islamic financial institutions.Methodology – Using a bibliometric analysis approach, this research examines publications from 2010 to 2023 indexed in Scopus and Web of Science. Keywords such as Islamic finance, "artificial intelligence, AI in finance, Sharia compliance, and globalization guided the search. Analytical tools, including VOSviewer and CiteSpace, were employed to visualize publication trends, citation networks, and influential research contributions from key countries like Pakistan, Malaysia, Turkey, Saudi Arabia, Indonesia, Qatar, Iran, and the UAE.Findings – The research indicate that AI significantly enhances financial inclusion, risk assessment, compliance automation, and customer service in Islamic finance. Key research areas highlight AI-driven solutions for Sharia-compliant financial products, ethical considerations, and regulatory frameworks. However, limitations exist, as this study focuses only on English-language publications, potentially omitting critical insights from non-English sources.Implications – This research contributes to the understanding of AI's role in Islamic finance, offering practical implications for financial institutions seeking to integrate AI for efficiency, transparency, and compliance. Originality – It provides an original bibliometric perspective on AI applications in Islamic finance, underscoring the sector’s potential for innovation and sustainable growth in a globalized financial landscape.
Examining financial well-being among students: Islamic social finance and theory of planned behavior approach Norizan, Siti Noraisyah Binti; Abu Bakar, Nashirah Binti; Iqbal, Muhammad Saeed; Idris, Izzyan Binti Mohd
Review of Islamic Social Finance and Entrepreneurship Volume 4 Issue 1, 2025
Publisher : Center for Islamic Economics and Development Studies [P3EI]

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/RISFE.vol4.iss1.art1

Abstract

Purpose – This study explores the interconnections between financial attitudes, subjective norm, perceived behavioral control, and Islamic social finance toward financial well-being. It examines how these factors contribute to financial stability, particularly within the context of Islamic finance.Methodology – This study used a quantitative approach, and data analysis was conducted using SPSS 30. This study applied regression, correlation, and factor analyses to examine the relationships between the variables. Data were validated through reliability testing, normality assessments, and evaluations of construct validity to ensure methodological rigor and accuracy.Findings – The results showed a significant relationship between attitudes, subjective norm, strong perceived behavioral control, and Islamic social finance toward financial well-being. These findings validated our hypotheses.Implications – This study provides valuable insights for policymakers, financial institutions, and educators by highlighting the importance of fostering positive financial attitudes, enhancing financial self-efficacy, and promoting Islamic social finance practices. These findings can guide strategies to improve financial well-being across diverse socioeconomic groups.Originality – This study contributes to the literature by providing a comprehensive analysis of how the theory of planned behavior and Islamic social finance collectively influence financial well-being.