Integration of Artificial Intelligence Technology in Islamic Financial Risk Management for Sustainable Development

This paper examines the viability of incorporating Artificial Intelligence (AI) technologies into financial risk management in the Islamic finance sector, concentrating on the ramifications for sustainable development. The literature review investigated how AI integration can contribute to financial stability, transparency, and Shariah compliance. Incorporating AI can also aid in expanding financial inclusion and achieving sustainable development objectives. This paper’s conclusion provides policymakers and practitioners with recommendations on how to effectively integrate AI technology into Islamic financial risk management. The study has the potential to significantly contribute to the development of a more effective, inclusive, and sustainable Islamic finance industry, to the benefit of the industry and society as a whole.