ABSTRACT

This chapter discusses two perspectives in which people conduct their economic transactions and business transactions. The first perspective is the legacy approach of family values and local traditions. The second approach is a more inclusive, humane approach, extending the regional boundaries to achieve common human needs, such as fulfillment and attaining a greater purpose in business and life. Big data, AI, and machine learning provide an all-encompassing lens in identifying the common economic behavior between current financial practices and the Quranic principles, which would allow the fulfillment of family needs and local communities simultaneously.