Automating the Set-Aside earnings for SMEs financing using AI technology: A Qard al-Hasan fintech solution for Yemeni Islamic Banks
The source is called the Set-aside earning which means a unique income that comes unwantedly into the balance sheet of an Islamic banks, the earning could be resulted from the profits gained as a result of the Islamic banks dealing with conventional or interest-bearing banks or earning that comes as...
Saved in:
Main Authors: | , |
---|---|
Format: | Conference or Workshop Item |
Language: | English English |
Published: |
2021
|
Subjects: | |
Online Access: | http://irep.iium.edu.my/89530/1/89530_Automating%20the%20Set-Aside%20earnings%20for%20SMEs%20financing%20using%20AI%20technology.pptx http://irep.iium.edu.my/89530/2/89530_Automating%20the%20Set-Aside%20earnings%20for%20SMEs%20financing%20using%20AI%20technology.pdf http://irep.iium.edu.my/89530/ |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Summary: | The source is called the Set-aside earning which means a unique income that comes unwantedly into the balance sheet of an Islamic banks, the earning could be resulted from the profits gained as a result of the Islamic banks dealing with conventional or interest-bearing banks or earning that comes as a result of a sanctioned Islamic banking product or any other earning that was sanctioned by the Shari’ah committee of an Islamic bank.
The Shariah model used for this initiative is Qard al-Hasan financing model. Qard al-Hasan means “a transfer of ownership of a fungible asset from a lender to a borrower in exchange for a payment of the original amount payable in the future” (ISRA, 2016). |
---|