ABU DHABI, UAE – In a pioneering move to modernize Islamic finance, the Islamic Development Bank Institute (IsDBI) and the Arab Monetary Fund (AMF) have successfully concluded a groundbreaking training program focused on integrating artificial intelligence into the sector. Held from November 24-28, 2025, at the AMF headquarters in Abu Dhabi, the specialized workshop marked the region’s first comprehensive initiative bridging AI technology with Shari’ah-compliant financial principles.
The collaborative program, designed for professionals from central banks and financial institutions across 22 member nations, brought together 32 specialists for an intensive curriculum. Led by IsDBI experts Dr. Hilal Houssain and Dr. Mohammed Ayyash, the training delved into both theoretical foundations and practical applications of AI technologies including machine learning, neural networks, and big data analytics.
Curriculum highlights included practical implementations for Islamic banking operations such as enhanced risk assessment models, automated financing application evaluation systems, and advanced fraud detection mechanisms – all developed with strict adherence to Islamic financial principles and governance requirements. Participants gained hands-on experience through interactive sessions where they designed six virtual financial service companies, later integrated into two strategic ecosystems for testing AI-driven solutions.
A significant focus was placed on the ethical dimensions of AI adoption, linking technological ethics to the higher objectives of Shari’ah (Maqasid al-Shari’ah). The program addressed critical challenges including data quality assurance, algorithmic bias mitigation, and ensuring transparency in AI-driven decision making.
The training also showcased outcomes from IsDBI’s inaugural AI Hackathon in Islamic Finance, which aimed to transform AAOIFI accounting standards into smart digital solutions for enhanced Shari’ah compliance and accounting transparency. The program concluded with participants developing strategic roadmaps for AI implementation in regulatory institutions and financial entities, emphasizing responsible innovation that aligns with both regulatory standards and Islamic principles. All attendees received certificates of completion, marking a significant step toward building AI capacity within the Islamic financial industry.