Islamic financing for resource management in cloud computing

Samah Bouamama and Ghalem Belalem

International Journal of Financial Services Management, 2014, vol. 7, issue 2, 158-171

Abstract: The Clouds have changed the way services are delivered to the company. Existing systems of Clouds do not support advanced mechanisms for the optimal trade applications across different Clouds. To improve resource management in the Cloud, we integrate the concept of auction Club, which regroups a set of clients who want to process their tasks in this environment. Each Club has a cash box, which they use to pay services offered by cloud computing. In this paper, we have planned the problem when a Club is in crisis and unable to cover its costs, so we have planned the event that the Club members can help each other by the borrowing fund. Among the causes of the global economic crisis in 2008, the daily interest rate was set by the bank too high, strangling credit. For this, the majority of the economic and financial sectors reference to Islamic finance.

Keywords: cloud computing; Islamic finance; CloudBank; auction clubs; CloudSim; resource management. (search for similar items in EconPapers)
Date: 2014
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