Data Science & AI in Islamic States

Abstract

This report examines the involvement of universities in Islamic states in the fields of Artificial Intelligence (AI), data science, and data analytics, specifically within the domains of business and finance. It investigates the contributions and activities of higher education institutions across a diverse range of countries, focusing on their research outputs, faculty expertise, and notable projects. The aim is to highlight the advancements and applications of AI in finance, providing insights into how these institutions are leveraging technology to address contemporary challenges in the financial sector. The findings underscore the growing importance of AI in finance and its potential to drive innovation and economic growth in Islamic states.

DALL·E 2024-08-26 15.26.26 - An image depicting the involvement of universities in Muslim-majority states in the fields of Artificial Intelligence (AI), data science, and data ana
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Project

Summary

The proliferation of AI, data science, and data analytics has revolutionized various sectors, significantly impacting business and finance. Islamic states, with their burgeoning educational institutions, are increasingly contributing to this transformation. This report delves into the role of universities in these regions, examining their involvement in AI and related technologies.
The primary objective is to catalog and analyze the contributions of universities in Islamic states to AI in finance. The scope includes identifying research centers, notable projects, and faculty expertise in the domains of business and finance across these institutions.
The research reveals that universities across various regions are significantly advancing the integration of Artificial Intelligence (AI), Data Science into business and finance. Institutions of Islamic States are actively engaged in AI and Data Science research with a focus on business and financial applications, contributing to innovation in financial management and analytics through dedicated departments and robust research programs. It provides a detailed catalog of these universities, including their specific departments involved in AI and data science related to business and finance, along with their respective webpage URLs. The report recommends increased collaboration between these institutions and industry stakeholders, as well as greater investment in AI and data science programs to further enhance their impact on the global financial sector.

List of Islamic States

Islamic Republic of Pakistan

Islamic Emirate of Afghanistan

Republic of Uganda

Republic of Uzbekistan

Republic of Indonesia

State of the United Arab Emirates

Hashemite Kingdom of Jordan

Republic of Azerbaijan

Islamic Republic of Iran

Republic of Gabon

Republic of the Gambia

Republic of Guyana

Republic of Guinea

Republic of Guinea Bissau

State of Palestine

Republic of Kazakhstan

State of Qatar

Union of Comoros

Kyrgyz Republic

Republic of Cameroon

Republic of Cote d’Ivoire

State of Kuwait

Republic of Lebanon

State of Libya

Republic of Maldives

Republic of Mali

Malaysia

Arab Republic of Egypt

Kingdom of Morocco

Islamic Republic of Mauritania

Republic of Niger

Federal Republic of Nigeria

Republic of Yemen

Kingdom of Bahrain

Brunei Darussalam

People’s Republic of Bangladesh

Republic of Benin

Burkina Faso

Republic of Tajikistan

Republic of Turkey

Republic of Chad

Republic of Togo

Republic of Tunisia

People’s Democratic Republic of Algeria

Republic of Djibouti

Kingdom of Saudi Arabia

Republic of the Sudan

Republic of Suriname

Syrian Arab Republic

Republic of Sierra Leone

Republic of Senegal

Federal Republic of Somalia

Republic of Iraq

Sultanate of Oman

Islamic State Universities: Catalysts for AI and Data Science Innovation in Business and Finance

Algeria:

  1. LRIA, Computer Science Department, University of Sciences and Technology Houari Boumediene, USTHB – BP 32 El-Alia, Beb-Ezzoaur, Algiers, 16111, Algeria.

 

Bangladesh:

  1. Department of Finance and Banking, Hajee Mohammad Danesh Science and Technology University, Dinajpur, Bangladesh.
  2. Department of Finance, University of Chittagong, Chittagong, Bangladesh.

Egypt:

  1. The University of Mansoura, Mansoura, Egypt.
  2. Department of Management, Faculty of Commerce, Mansoura University, Mansoura, Egypt; Accounting Department; Faculty of Commerce, Portsaid University, Portsaid, Egypt; Department of Accounting, Faculty of Commerce, Mansoura University, Mansoura, Egypt.
  3. Mathematics Department, Zagazig University, Zagazig, Egypt.

 

Indonesia:

  1. Faculty of Economics and Business, University of Indonesia, Depok, 16424, Indonesia.
  2. Institut Agama Islam Darussalam (IAID), Ciamis, Indonesia; Faculty of Business and Economics, University of Indonesia, Depok, Indonesia.
  3. Faculty of Economics and Business, Universitas Indonesia, Depok, Indonesia; Darussalam Institute of Islamic Studies, Ciamis, West Java, Indonesia; Department of Mathematics, University of Sumatera Utara, Medan, North Sumatera, Indonesia; Department of Statistics, Padjadjaran University, West Java, Indonesia; International Trade of ASEAN and RRT Region, Polytechnic of APP, DKI Jakarta, Indonesia; Department of Mathematics, Statistics study program, Riau University, Pekanbaru, Riau, Indonesia.
  4. Faculty of Administrative Science, Brawijaya University, Indonesia.

 

Iran:

  1. Department of Chemical and Petroleum Engineering, Sharif University of Technology, Tehran, Iran; Faculty of Managing and Accounting, College of Farabi, University of Tehran, Qom, Iran; Department of Chemical Engineering, Faculty of Engineering, University of Bojnord, Bojnord, Iran.
  2. Faculty of Economics and Management, Urmia University, Urmia, Iran; Faculty of Electrical and Computer Engineering, Urmia University, Urmia, Iran.
  3. Department of Management, Islamic Azad University, Neyshabur, Iran.
  4. Department of Industrial Engineering, Islamic Azad University, Tehran, Iran.
  5. Faculty of Computer Engineering and Science, Shahid Beheshti University, Tehran, Iran.
    • Webpage URL isn’t available.

 

Iraq:

  1. College of Computer Science and Information Technology, University of Basrah, 61004, Iraq; AL-Zahraa College of Medicine, University of Basrah, 61004, Iraq; College of Science, University of Basrah, 61004, Iraq.

 

Jordan:

  1. Department of Accounting, Faculty of Economics and Administrative Sciences, Hashemite University, Zarqa, Jordan.

 

Kingdom of Bahrain:

  1. College of Computer Studies, University of Technology Bahrain, Salmabad, Kingdom of Bahrain.

 

Lebanon:

  1. Department of Finance, Accounting and Managerial Economics, Olayan School of Business, American University of Beirut, P.O. Box 11-0236, Riad El-Solh Street, Beirut, 1107 2020, Lebanon.
  2. Department of Business Information and Decision Systems, Olayan School of Business, American University of Beirut, P.O. Box: 11-0263, Riad El-Solh, Beirut, 1107-2020, Lebanon; Department of Finance, Accounting and Managerial Economics, Olayan School of Business, American University of Beirut, Beirut 1107 2020, P.O. Box 11-0236, Riad El-Solh Street, Lebanon.
  3. Olayan Business School, American University of Beirut, Beirut, Lebanon.

 

Malaysia:

  1. Graduate Business School, College of Graduate Studies, Universiti Tenaga Nasional (UNITEN), 43000 Kajang, Selangor, Malaysia.
  2. University of Malaya, Department of Applied Statistics, Faculty of Economics and Administration, Kuala Lumpur, 50603, Malaysia.
  3. IIUM Institute of Islamic Banking and Finance, International Islamic University, Kuala Lumpur Campus, 205A Jalan Damansara, Damansara Heights, Kuala Lumpur, 50480, Malaysia; Kulliyyah of Information, Communication and Technology, International Islamic University Malaysia, Jalan Gombak, Kuala Lumpur, Selangor, 53100, Malaysia.
  4. Department of Economics and Financial Studies, Universiti Teknologi Mara, Bandar Puncak Alam, Malaysia; Department of Finance, Universiti Teknologi Mara Melaka, Melaka, Malaysia; Advanced Analytics Engineering Centre, FSKM, Universiti Teknologi Mara, Shah Alam, Malaysia.
  5. School of Business, Swinburne University of Technology, Sarawak, Malaysia.
  6. Finance and Banking Department, Faculty of Business and Accountancy, University of Malaya, Kuala Lumpur, 50603, Malaysia.
  7. Faculty of Business, Economics and Social Development, Universiti Malaysia Terengganu, Malaysia.
  8. Asia Pacific University of Technology and Innovation, Kuala Lumpur, Malaysia.
  9. Monash University, Malaysia.

 

Morocco:

  1. ESCA School of Management, 7, Abou Youssef El Kindy Street, BD Moulay Youssef, Casablanca, Morocco.
  2. ESCA School of Management, Casablanca, Morocco.
  3. LMA, FSTT, Abdelmalek Essaadi University, Tetouan, Morocco.

 

Nigeria:

  1. Centre for Econometric & Allied Research, University of Ibadan, Ibadan, Nigeria.

 

Pakistan:

  1. Department of Management Sciences, University of Azad Jammu and Kashmir, Muzaffarabad, Pakistan; Department of Mathematics and Statistics, Hazara University Mansehra, Pakistan.
  2. Department of Banking and Finance, School of Business & Economics, University of Management & Technology (UMT), Lahore, Pakistan; FOMS, UCP Business School, University of Central Punjab, Lahore, Pakistan; Department of Banking and Finance, School of Business and Economics, University of Management & Technology (UMT), Lahore, Pakistan.
  3. School of Mechanical and Manufacturing Engineering, National University of Science and Technology, Islamabad, Pakistan.
  4. Department of Tourism and Hospitality, Hazara University, Pakistan; Department of Law, Shaheed Benazir Bhutto Women University, Peshawar, Pakistan.

 

  1.  

Saudi Arabia:

  1. Islamic Research and Training Institute, Islamic Development Bank, Jeddah, Saudi Arabia.
  2. Department of Management Information Systems, College of Business Administration, King Saud University, Riyadh, Saudi Arabia.
  3. Prince Mohammad Bin Salman College (MBSC), 7082-BayLaSun-Juman Street, Unit No 1, King Abdullah Economic City, Saudi Arabia.

 

Tunisia:

  1. Faculty of Economics and Management of Sfax, Sfax University, Sfax, Tunisia.
  2. Faculty of Business and Economic Sciences, University of Sfax, Sfax, Tunisia; Higher Institute of Business Administration, University of Sfax, Sfax, Tunisia.
  3. Laboratory Research for Economy, Management and Quantitative Finance, Institute of High Commercial Studies, University of Sousse, Tunisia.
  4. Finance and Accounting Methods, Higher Institute of Business Administration (ISAAS), University of Sfax, B.P. 1013, Sfax, 3018, Tunisia.
  5. Department of Finance, Faculty of Economics and Management of Nabeul, University of Carthage, Nabeul, Tunisia; IFGT Lab, Faculty of Economic Sciences and Management of Tunis, University of Tunis El Manar, ERF Research Fellow, Tunis, Tunisia; IFGT Lab, Faculty of Economic Sciences and Management of Tunis, University of Tunis El Manar, Tunis, Tunisia.

 

Turkey:

  1. Istanbul Technical University (ITU), Department of Management Engineering, ITU Isletme Fakultesi, Macka, Istanbul, 34367, Turkey.
  2. Department of Economics, Faculty of Economics and Administrative Sciences, Dogus University, Istanbul, Turkey.
  3. Faculty of Economics & Administrative Sciences, Health Care Management, Hacettepe University, Ankara, Turkey.
  4. Istanbul Medipol Universitesi, Istanbul, Turkey.
  5. Department of Industrial Engineering, Koc University, Istanbul, Turkey.
  6. Altinbas University, Department of Economics, Turkey.
  7. Department of Computer Engineering, Manisa Celal Bayar University, Manisa, Turkey; Department of Business Administration, Manisa Celal Bayar University, Manisa, Turkey.
  8. Department of Healthcare Management, Ankara University, Ankara, Turkey.
  9. Duzce University, Turkey.

 

United Arab Emirates:

  1. Department of Computer Science, University of Sharjah, Sharjah, 27272, United Arab Emirates; Department of Accounting, University of Sharjah, Sharjah, 27272, United Arab Emirates; Department of Information Systems, University of Sharjah, Sharjah, 27272, United Arab Emirates.
  2. Reach Holdings, Dubai, United Arab Emirates.
  3. Dubai Business School, University of Dubai, Academic City, PO Box 14143, Dubai, United Arab Emirates.
  4. Abu Dhabi University.
  5. College of Business, Abu Dhabi University, Abu Dhabi, UAE.
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