SKIL RoboShariahAdvisor (SKIL-RSA)
For Islamic Finance

What is SKIL-RSA?

SKIL RoboShariahAdvisor (SKIL-RSA) is the first expert system for Islamic finance. SKIL-RSA uses innovative artificial intelligence techniques that maintain the semantic relationships among legal rulings, and thereby enable advanced knowledge engineering capabilities. SKIL-RSA provides an integrated online educational platform for studying selective topics of Islamic finance in a user-friendly manner. Moreover, SKIL-RSA's users can ask intelligent questions, conduct comparative analysis, deduce from legal maxims, and consult the automated legal advisor about complex scenarios.

I am excited to introduce an innovative educational solution- modern, efficient, and logical. With SKIL-RSA, you will find a different approach for classifying knowledge, coherent connections between various aspects of Islamic finance, and a new presentation style. I ask Allah, SWT, that SKIL-RSA will achieve a quality leap in the way people study and practice Islamic finance.

Motive behind SKIL-RSA development

Many applications have already migrated to the internet, including educational, recreational, financial, and services provision applications. Nonetheless, Islamic sciences have yet to benefit from this technological revolution. Despite the fact that many Islamic books can be found over the internet, the material of these books still keeps the same classical presentation style and lacks the ability to capture concepts and relationships.

SKIL-RSA and Web2

SKIL-RSA is powered with a novel, patent-pending ontology that utilizes a Usul-based model. Initially, the web used to store data using databases that contain gigantic amounts of data and many repeated instances of the same term. Search engines use keywords to extract the desired paragraphs from databases, leading to substantial redundancy. Google search engine, for example, generates many pages of results, which require significant time and effort to locate the desired data. Smart links between semantically related pieces of data are missing in this scheme.

Web2 has been introduced to overcome the above problem by providing semantic links, alongside data, in a machine-processable format. Ontologies have emerged as platforms for semantic representation. SKIL-RSA is powered with a novel, patent-pending ontology, PI 2018701322, that is customized for the unique architecture of Islamic juristic rulings.

Features of SKIL-RSA

SKIL-RSA provides the following features:

• Pinpoint specific issues of Islamic finance in few clicks.

• Comparative analysis yields info relevant to particular contracts and/or financial products.

• Check compliance with AAOIFI standards and BNM resolutions.

• Deduction from legal rules generates the cases governed by these rules.

• Consult the automated legal advisor for complex financial issues.

Competitive edges of SKIL-RSA

• Enables semantic search that captures concepts and relationships.

• Replaces serial browsing with a selective browsing through a multi-dimensional semantic network.

• Offers a robust logical framework, enabling inference of points which are not explicitly stated in the knowledge-base.

• Offers a hierarchical platform for integrating the sciences of Islamic finance, Usul, and Hadith.

• Creates a mega knowledge-base (KB) of Islamic finance through the integration of various KBs on different platforms.

SKIL-RSA eliminates the serial notion of knowledge presentation and instead provides selective browsing through the entire semantic network.

SKIL-RSA’s scalability and expandability

SKIL-RSA is scalable up/down to:

• Offer different levels of details to beginning, intermediate, and advanced users.

• Cover different Fiqh schools.

SKIL-RSA is expandable to:

• Include relevant fatawas of key finance issues.

• Present evidence of dissenting Fiqh views.

Targeted users

• Academicians and students of Islamic finance.

• Trainees of shariah standards and Islamic auditing.

• Officers and clients of Islamic banks seeking to revamp their knowledge of financial contracts.

• Clients of Islamic banks looking for better understanding of the terms of their contracts.

Business model

SKIL-RSA can be marketed through a subscription-based model through the participating banks and educational institutes to their users. Authorized users can access SKIL-RSA through cloud computing. A points-rewarding system can be applied for value-add queries that contribute to the growth of SKIL.

SKIL-RSA can also be included as a built-in app in smart phones and tablets.

If you are interested in SKIL and/or have queries about it, please email Dr Ahmed Mabrouk, asic4unwire@yahoo.com