Abstract
Artificial intelligence (AI) and ethical finance constitute a dynamic and developing field with major consequences for both the financial sector and society at large. AI is in financial decision-making processes, including fraud detection, portfolio optimization, and investment analysis. AI's growing use in evaluating ESG standards and locating opportunities for ethical investment is changing the standards of ethical finance. The fusion of ethical finance and AI represents an exciting frontier with the potential to drive more responsible and sustainable financial practices. The current study aims to explore the practical AI application for ethical financing implementations. The study will systematically review publicly available research manuscripts and reports and challenges faced by companies while exercising. This study will emphasis on the need for proactive ethical involvement in the development and application of AI in the financial industry.
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