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The 2nd ICMSME International Conference

“Leveraging Artificial Intelligence In Enhancing And Streamlining The Intra-And-Entrepreneurship Ecosystem”

A. Preface

The convergence of Artificial Intelligence (AI) and the entrepreneurship ecosystem has opened up new possibilities for enhancing and streamlining business operations. With the increasing importance of technological advancements, leveraging AI in various subtopics such as AI and Islamic finance, AI for ethical decision-making, AI for social entrepreneurship, AI for market analysis in Islamic markets, AI and job creation in Islamic economies, AI for enhancing Halal industries, AI for risk management in Islamic entrepreneurship, AI and Zakat management, and the ethical dilemmas associated with AI in the Islamic economic system has become a critical area of academic research and practical application.

When considering the intersection of AI and Islamic finance, it becomes evident that the application of AI can significantly impact the industry. Islamic finance is guided by principles that emphasize ethical considerations, risk-sharing, and social justice. AI can play a transformative role in automating financial processes, developing Sharia-compliant investment strategies, and facilitating efficient asset management in accordance with Islamic principles.

Ethical decision-making is a fundamental aspect of responsible entrepreneurship. AI can contribute to this domain by enabling businesses to make ethical choices aligned with their values. Through AI algorithms, vast amounts of data can be analyzed, ethical frameworks can be applied, and recommendations can be generated. This empowers entrepreneurs to make informed decisions that uphold ethical standards.

Social entrepreneurship aims to address social and environmental challenges through innovative business models. AI can be a powerful tool in this context by enabling social entrepreneurs to optimize resource allocation, scale their impact, and develop sustainable solutions. Through AI-driven data analysis and predictive modeling, social entrepreneurs can gain insights into community needs and implement targeted interventions.

Market analysis plays a crucial role in entrepreneurial success. In Islamic markets, AI can facilitate market analysis by analyzing trends, consumer behavior, and competitive dynamics. This allows entrepreneurs to identify market opportunities, tailor marketing strategies, and make data-driven decisions that are specific to the unique characteristics of Islamic economies.

AI’s potential for job creation in Islamic economies cannot be overlooked. By automating repetitive tasks, AI liberates human resources, enabling entrepreneurs to focus on value creation and innovation. This, in turn, can drive the growth of entrepreneurial ventures, create employment opportunities, and contribute to economic development in Islamic economies.

Enhancing Halal industries through AI is another subtopic with significant potential. AI can optimize processes such as certification, traceability, and quality control in Halal industries. This ensures compliance with Halal standards, strengthens consumer confidence, and fosters the growth of Halal businesses.

Risk management is a critical aspect of entrepreneurship. In Islamic entrepreneurship, AI can enhance risk management by analyzing market data, identifying potential risks, and providing real-time insights to entrepreneurs. This enables proactive risk mitigation strategies and facilitates informed decision-making while adhering to Islamic principles.

The management of Zakat, a pillar of Islamic economic system, can also benefit from AI. AI-powered systems can automate the collection, distribution, and tracking of Zakat funds, ensuring transparency, efficiency, and equitable distribution among deserving beneficiaries.

However, the integration of AI into the Islamic economic system also raises ethical dilemmas that require careful consideration. These dilemmas may include issues related to data privacy, algorithmic bias, and potential disruptions to traditional economic structures. Academic research and interdisciplinary collaboration are vital to address these ethical concerns, develop guidelines, and maximize the positive impact of AI in Islamic economies.

In conclusion, leveraging AI in enhancing and streamlining the entrepreneurship ecosystem offers immense potential across various subtopics. Academic research, collaboration between academia, industry, and policymakers, and an interdisciplinary approach are crucial to harness the transformative power of AI for inclusive and sustainable entrepreneurship ecosystems in Islamic economies.

B. Purposes

This 2nd ICMSME International Conference and Call for Paper was held because of Artificial Intelligence (AI) has the potential to significantly shape the entrepreneurial ecosystem in Islamic economies. This topic could discuss the use of AI in the context of the principles of Islamic economics, including concepts like risk-sharing, zakat funds, prohibition of interest (riba), market analysis, halal industries and the emphasis on ethical, social, and environmental responsibility.

C. Activities

The 2nd ICMSME International Conference dan Call for Paper bertemakan “Leveraging Artificial Intelligence In Enhancing And Streamlining The Intra-And-Entrepreneurship Ecosystem” and will be held offline at Swis-Belhotel Bogor, West Java.

D. Speech


  1. Prof. Dr. Muhammad Firdaus, S.E., MM (Education and Cultural Attaché of the Republic of Indonesia in Malaysia)
  2. Prof. Dr. Fatma Gülruh GÜRBÜZ (Fatih Sultan Mehmet Vakıf Üniversitesi, Istanbul, Turkiye)
  3. Hendri Tanjung, PhD (Ibn Khaldun University Postgraduate School)
  4. Makka Kesuma (Microsoft Indonesia)

Topics of papers:

  1. Economic & Business
  2. Artificial Intelligence
  3. Islamic Entrepreneurship Ecosystem
  4. Islamic Banking and Finance
  5. Inclusive Financial
  6. Information Technology Management
  7. Education Technology
  8. Industrial Technology Management
  9. Halal Industries
  10. Small and Medium Enterprise

E. Important Dates

  • Abstract submission deadline: August, 7th , 2023
  • Fullpaper submission deadline: August, 10th , 2023
  • Proof of payment: August, 15th , 2023
  • Letter of Acceptance (LoA): August, 20th , 2023
  • Powerpoint submission deadline: August, 18th , 2023
  • Paper presentation: August, 30th , 2023

F. Participants

  1. Academics/Lecturers/Postgraduate Students
  2. Researcher
  3. Practitioner
  4. Businessman/Entrepreneur
  5. Observer/General Public

Number of Contributors : 200 Presenters and 100 Non Presenters

G. Time, Location & Facilities

Tuesday – Wednesday, August 29th – 30th, 2023

Swiss-Belcourt Bogor, Bukit Cimanggu City, Kota Bogor, Indonesia

e-Certificate for Participants & Presenters


H. Conference Fee


Early Bird: IDR 2.000.000/135 USD

Reguler IDR 2.500.000/140 USD

Presenter online:

Early Bird IDR 1.000.000/70 USD

Reguler IDR 1.500.000/100 USD


Offline: IDR 500.000/35 USD

Online: IDR 100.000/10 USD

I. Payment

Payment can be made via ATM/Mobile banking transfer method via ATM/Banking Bank Syariah Indonesia (BSI, bank code 451) select TRANFER > Account number 7094136746 behalf of Universitas Ibnu Khaldun Bogor.

Please add a unique 3-digit code “161” at the time of payment

Example: Rp2.500.161

J. Registration & Submission Papers

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