ItemBook Chapter

Revolutionizing Islamic finance with ethical AI: Shariah-compliant Robo-advisors

Title
Revolutionizing Islamic finance with ethical AI: Shariah-compliant Robo-advisors
Creator
Irfan, Mohammad; Shukla, Aditya; Agrawal, Manali; Kismawadi, Early Ridho
Description
The revolutionary role that robo- advisors play in Shariah- compliant Islamic finance is examined in this essay. The first section lays out the fundamental ideas of Shariah- compliant investing, which serve as a framework for moral financial judgment. Examined is the emergence of robo-a dvisors, which show how these AI-p owered tools are improving accessibility and efficiency while enabling adherence to Shariah laws. Key characteristics of robo- advisors that adhere to Shariah are examined, along with particular difficulties including cultural sensitivity and regulatory compliance. The research integrates case studies that demonstrate effective implementations, providing valuable perspectives on their real- world uses. The paper's conclusion, which offers a look ahead, highlights how ethical AI and robo- advisors have the potential to transform Islamic finance by promoting sustainability, inclusion, and creativity in Shariah- compliant investments. 2025, IGI Global Scientific Publishing. All rights reserved.
Source
Industrial Ecology and the Sustainable Development Goals (SDGs);pp.233-260
Date
01-01-2025
Publisher
IGI Global
Coverage
Irfan M., Christ University, Bengaluru, India; Shukla A., Christ University, Bengaluru, India; Agrawal M., NSB Academy, Bangalore, India; Kismawadi E.R., IAIN Langsa, Indonesia
Rights
Restricted Access; Hardcopy may be available in the library
Relation
ISBN: 979-833730141-9; 979-833730139-6;
Format
online
Language
English
Type
Book chapter

Citation

Irfan, Mohammad; Shukla, Aditya; Agrawal, Manali; Kismawadi, Early Ridho, “Revolutionizing Islamic finance with ethical AI: Shariah-compliant Robo-advisors,” CHRIST (Deemed To Be University) Institutional Repository, accessed June 17, 2026, https://archives.christuniversity.in/items/show/24521.

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