ISRA Institute of INCEIF University is pleased to present Big Data from a Sharīʿah Lens, a timely publication on big data, Islamic digital banking, and Sharīʿah principles, published for AEON Bank (M) Berhad.
This publication examines one of the most pressing issues in today’s digital economy: how big data can be understood, governed, and applied in ways consistent with Sharīʿah principles. As Islamic digital banking continues to evolve, the use of data presents significant opportunities for innovation, efficiency, and customer insight, while also raising important questions, particularly from a Shariah perspective, regarding ownership, consent, privacy, ethics, and compliance.
The publication covers four major areas:
- Introduction to Big Data in Islamic Digital Banking, which includes the definition, characteristics, and role of big data in enhancing Islamic digital banking services.
- Data Value, Ownership, and Ethical Sourcing in Islamic Digital Banking, which explores the concept of data as property from a Sharīʿah perspective, digital data ownership, ethical data collection, and permissible data sources.
- Transactions Between Data Providers and Users, which discusses Sharīʿah issues in data sale, leasing, exchange, auction, swapping, privacy rights, consent, and contractual responsibilities.
- Ethical and Sharīʿah Compliance in Data Analytics, which examines data acquisition, storage, processing, modelling, visualisation, decision-making, reporting, and continuous monitoring through an ethical and Sharīʿah-compliant framework.
This timely publication contributes to the growing discourse on Islamic digital finance by highlighting how big data, ethical governance, and Sharīʿah principles can support a more transparent, responsible, and values-driven financial ecosystem.
Readers will gain insight into:
- The role of big data in Islamic digital banking.
- The Sharīʿah perspective on data ownership, privacy, consent, and ethical sourcing.
- Applicable Sharīʿah contracts and responsibilities in data-related transactions.
- Ethical and Sharīʿah-compliant approaches to data analytics and decision-making.
- Practical examples of how Islamic digital banking institutions can transform raw data into meaningful insights.
This book serves as a valuable reference for Islamic finance practitioners, Sharīʿah scholars, regulators, policymakers, researchers, students, fintech practitioners, and professionals involved in digital banking and data governance.
Read now for free: Big Data From A Sharīʿah Lens – I-FIKR
