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Novel Multi-agent Protocols for Islamic Banking Commodity Trading

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Multi-Agent Systems and Agreement Technologies (EUMAS 2016, AT 2016)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 10207))

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Abstract

Multi-agent systems can play a critical role in Islamic banking development by creating or reforming existing financial products that improve final output and solving a number of legal issues related to Islamic Sharia law. This paper introduces novel multi-agent protocols for a commodity-trading platform to be used for Islamic banking. This work focuses on the most popular (and debated) Islamic banking product, a personal financing product that involves commodity trading rather than direct lending. The protocols in question handle communication in a heterogeneous multi-agent platform to assist three types of actors: banks, retailers and individuals in need of cash.

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Author information

Authors and Affiliations

  1. Information System Department, Faculty of Computing & Information Technology, University of Jeddah, Jeddah, Saudi Arabia

    Amer Alzaidi

  2. Computer Science Department, University of York, York, UK

    Dimitar Kazakov

Authors
  1. Amer Alzaidi
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  2. Dimitar Kazakov
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Corresponding author

Correspondence to Amer Alzaidi .

Editor information

Editors and Affiliations

  1. King’s College London, London, United Kingdom

    Natalia Criado Pacheco

  2. Polytechnic University of Valencia, Valencia, Portugal

    Carlos Carrascosa

  3. Artificial Intelligence Research Institute (IIIA-CSIC), Barcelona, Spain

    Nardine Osman

  4. Polytechnic University of Valencia, Valencia, Spain

    Vicente Julián Inglada

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Alzaidi, A., Kazakov, D. (2017). Novel Multi-agent Protocols for Islamic Banking Commodity Trading. In: Criado Pacheco, N., Carrascosa, C., Osman, N., Julián Inglada, V. (eds) Multi-Agent Systems and Agreement Technologies. EUMAS AT 2016 2016. Lecture Notes in Computer Science(), vol 10207. Springer, Cham. https://doi.org/10.1007/978-3-319-59294-7_27

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  • DOI: https://doi.org/10.1007/978-3-319-59294-7_27

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-59293-0

  • Online ISBN: 978-3-319-59294-7

  • eBook Packages: Computer ScienceComputer Science (R0)

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