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Big Data, Islamic Finance, and Sustainable Development Goals البيانات الضخمة، التمويل الإسلامي، وأهداف التنمية المستدامة

Author

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  • Syed Nazim Ali

    (Director Research Division, College of Islamic Studies, Hamad Bin Khalifa University, Doha, Qatar)

Abstract

The adoption of the 2030 sustainable development goals (SDGs) by the UN member nations is of great importance. These goals seek to ensure that no single individual is left behind, and everyone is carried along. Key to achieving these goals is to ensure the availability of data and skills necessary for interpreting such data. Paucity of data is a major issue faced by several developing countries towards achieving the sustainable developing goals. Non-traditional data sources can augment and compliment the traditional data sources in planning and monitoring the implementation of the SDGs. This paper has sought to look and capture the application of big data in sustainable development goals and its impact on the Islamic finance industry. إن اعتماد أهداف التنمية المستدامة لعام 2030م من قبل الدول الأعضاء في الأمم المتحدة يعد من الأهمية بمكان حيث أن هذه الأهداف تسعى إلى ضمان عدم ترك أي أحد خلف الركب، وحمل الجميع. ومن أهم العناصر الرئيسية نحو تحقيق هذه الأهداف هي ضمان توافر البيانات والمهارات اللازمة لتفسير هذه البيانات. وتعد قلة البيانات وندرتها من أبرز المعوقات التي تواجهها عدة بلدان ناميه نحو تحقيق الأهداف التنمية المستدامة. يمكن لمصادر البيانات غير التقليدية أن تلعب دور المساهم والمكمل للمصادر التقليدية في تخطيط ورصد تطبيق أهداف التنمية المستدامة. سعت هذه الورقة إلى البحث عن تطبيق البيانات الضخمة في تحقيق أهداف التنمية المستدامة وتأثيرها على صناعه التمويل الإسلامي.

Suggested Citation

  • Syed Nazim Ali, 2020. "Big Data, Islamic Finance, and Sustainable Development Goals البيانات الضخمة، التمويل الإسلامي، وأهداف التنمية المستدامة," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 33(1), pages 83-90, January.
    • Handle: RePEc:abd:kauiea:v:33:y:2020:i:1:no:6:p:83-90
    DOI: 10.4197/Islec.33-1.6
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    References listed on IDEAS

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    1. Ahmed,Habib & Mohieldin,Mahmoud & Verbeek,Jos & Aboulmagd,Farida Wael, 2015. "On the sustainable development goals and the role of Islamic finance," Policy Research Working Paper Series 7266, The World Bank.
    2. Peter J. Morgan & Victor Pontines, 2014. "Financial Stability and Financial Inclusion," Finance Working Papers 24278, East Asian Bureau of Economic Research.
    3. Hussein ELASRAG, 2016. "Islamic finance for SMES," Journal of Economic and Social Thought, KSP Journals, vol. 3(3), pages 417-433, September.
    4. Jack Reardon, 2020. "Platform Capitalism, Big Data, and Data Ethics رأسمالية المنصات، البيانات الضخمة، وأخلاقيات البيانات," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 33(1), pages 59-69, January.
    5. Arjuna Costa & Anamitra Deb & Michael Kubzansky, 2015. "Big Data, Small Credit: The Digital Revolution and Its Impact on Emerging Market Consumers," Innovations: Technology, Governance, Globalization, MIT Press, vol. 10(3-4), pages 49-80, Summer-Fa.
    6. Elasrag, Hussein, 2016. "Halal Industry : Key Challenges and Opportunities," MPRA Paper 69631, University Library of Munich, Germany.
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    Cited by:

    1. Liu, Aiping & Urquía-Grande, Elena & López-Sánchez, Pilar & Rodríguez-López, Ángel, 2022. "How technology paradoxes and self-efficacy affect the resistance of facial recognition technology in online microfinance platforms: Evidence from China," Technology in Society, Elsevier, vol. 70(C).
    2. Burhanudin Harahap & Tastaftiyan Risfandy & Inas Nurfadia Futri, 2023. "Islamic Law, Islamic Finance, and Sustainable Development Goals: A Systematic Literature Review," Sustainability, MDPI, vol. 15(8), pages 1-21, April.

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    More about this item

    Keywords

    Big data; Islamic finance; Sustainable development; Data analytics. البيانات الضخمة، التمويل الإسلامي، التنمية المستدامة، تحليل البيانات .;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General

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