S-Rater: Data mining application in Islamic financial sector

Mira Kartiwi, Tika Arundina, Mohd Azmi Omar, Teddy Surya Gunawan

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

4 Citations (Scopus)

Abstract

Islamic finance and capital market is one of the fastest growing segments of international financial markets. Recent innovations in Islamic finance and capital market have changed the terrain of the landscape of the financial industry. One of them is Islamic securities which are known as Sukuk. The use of Sukuk as the alternative to the existing conventional bond, has become increasingly popular in the last few years. They are used as a means of raising government finance through sovereign Sukuk issues, and means through which companies raise funds by issuing corporate Sukuk. In addition, theoretically there should be some differences in rating methodologies for bond and Sukuk because these two instruments are different in nature. Thus, it is the aim of this study to identify the important determinants in Sukuk Rating using data mining approach. The final model is then implemented into web application, called S-Rater.

Original languageEnglish
Title of host publication2014 the 5th International Conference on Information and Communication Technology for the Muslim World, ICT4M 2014
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781479962426
DOIs
Publication statusPublished - 23 Jan 2014
Event2014 5th International Conference on Information and Communication Technology for the Muslim World, ICT4M 2014 - Kuching, Malaysia
Duration: 17 Nov 201418 Nov 2014

Publication series

Name2014 the 5th International Conference on Information and Communication Technology for the Muslim World, ICT4M 2014

Conference

Conference2014 5th International Conference on Information and Communication Technology for the Muslim World, ICT4M 2014
Country/TerritoryMalaysia
CityKuching
Period17/11/1418/11/14

Keywords

  • applications
  • data mining
  • decision tree
  • Islamic financial sector
  • sukuk

Fingerprint

Dive into the research topics of 'S-Rater: Data mining application in Islamic financial sector'. Together they form a unique fingerprint.

Cite this