As the holy Quran text is time and place based and has “blockchain” like-structure where stories are spread like pieces of puzzles and linked to each other among 6,236 verses from 114 chapters, we present a new recursive co-occurrence text mining algorithm to mine the Holly Quran to build corpora which can be further processed to develop Islamic banking business processes complying which Islamic Sharia’ law. First, we create a list containing all the business process action terms and their synonyms in Arabic.