Template-Type: ReDIF-Article 1.0
Author-Name: Salma ARABI
Author-Email: s.arabi@uhp.ac.ma
Author-Workplace-Name: National School of Business and Management of settat, Université Hassan Premier, Settat, Maroc
Title: AI and Sustainability in Islamic Banks: Crafting innovative solutions for major challenges
Abstract: Sustainability is now a major issue for the Islamic banking sector, encompassing responsible economic, environmental, and social practices, such as integrating ESG criteria, reducing the ecological footprint, and promoting financial inclusion. Artificial intelligence (AI), through technologies such as machine learning and chatbots, offers opportunities to optimize the efficiency of Islamic banking operations and provide personalized services. However, its integration into Islamic banks presents specific challenges related to compliance with Sharia principles, which prohibit interest and exclude certain investments. This study, based on a systematic literature review, examines how AI could enhance the sustainability of Islamic banking operations while respecting their principles, identifying technological and organizational challenges, and exploring solutions for effective AI integration. The results indicate that although AI can improve sustainability, its adoption requires adaptation to Islamic principles and careful management of the associated challenges.   Keywords: Sustainability, AI, Islamic banks, challenges, opportunities and perspectives Classification JEL: G21, Q01 Paper Type:  theoretical research
Journal: International Journal of Accounting, Finance, Auditing, Management and Economics
Pages: 533-545
Volume: 5
Issue: 8
Year: 2024
File-URL: https://ijafame.org/index.php/ijafame/article/view/1527
File-Format: text/html
File-URL: https://ijafame.org/index.php/ijafame/article/view/1527/1526
File-Format: application/pdf
Handle: RePEc:aoa:journl:v:5:y:2024:i:8:p:533-545