EIGHTH INTERNATIONAL CONFERENCE ON ISLAMIC
ECONOMICS AND FINANCE
Sustainable Growth and Inclusive Economic
Development from an Islamic Perspective
Doha, Qatar - December 25-27, 2011
CALL FOR PAPERS
The global economy continues to face
the perennial problems of poverty, persistent youth unemployment,
excessive inequalities of income and wealth, high levels of
inflation, large macroeconomic and budgetary imbalances,
exorbitant debt-servicing burdens, inadequate and aging public
utilities and infrastructure, skyrocketing energy prices, and growing
food insecurity. The reoccurring regional and global financial
crises further intensify and magnify these problems
particularly for the underprivileged
segments of the world population. As a result, many countries are at
the risk of failing to achieve the Millennium Development Goals set
by the United Nations. On the other hand, some countries also present
optimistic experiences to share, and from which useful lessons can be
drawn for shaping the future economic scene in other countries.
The Eighth International Conference on
Islamic Economics and Finance is jointly being organized by the Qatar
Foundation’s Faculty of Islamic Studies (QFIS) through its Islamic
Economics and Finance Centre, the Islamic Development Bank Group
through its Islamic Research and Training Institute (IRTI), the
International Association for Islamic Economics, and the Statistical,
Economic & Social Research & Training Centre for Islamic
Countries (SESRIC), with the support of other stakeholders. The
Conference will provide a platform for dialogue and discussions
between policymakers, academics, researchers, graduate students, and
practitioners to address the problems of poverty
alleviation, inclusive economic growth,
and macroeconomic stability from the perspective of the Islamic
Economics and Finance discipline. It will be held for three days
during December 25 – 27, 2011 in Doha, Qatar.
Theoretical and empirical research
papers are invited in Arabic and English languages for submission
to the Conference in the following and related areas, subject
to any conditions described in this announcement.
ISLAMIC ECONOMICS
o Economic doctrines and values of
Islam.
o Faith, values, and economic
development.
o Islamic economics, its methodology
and scope.
o History of Islamic economic thought
and economic management.
o Islamic economics and comprehensive
human development: its concepts, aspirations, strategies and policies
in perspective of Maqasid al Shariah.
o Role of Islamic socio-economic
institutions in economic development.
o Islamic critique of conventional
economic theories.
o Methodology of Islamic Economics,
including critique of Islamic economics and finance.
o Role of Islamic principles in
microeconomic institutions, exchange and market discipline.
o Effects of Islamic principles on
macroeconomic management - fiscal, monetary and financial policies.
o Effects of Islamic principles on law,
property rights, governance of public, private and voluntary sector
institutions.
o Human capital development; education
and training in Islamic Economics and Finance.
o Implications of Islamic economic
values and institutions for inclusive economic growth, poverty
reduction, sustainable development and economic stability.
CRITIQUE/ASSESMENT OF DIFFERENT
MODELS AND POLICIES OF ECONOMIC DEVELOPMENT
Case Studies on Poverty Alleviation
and Progress on MDGs
o Poverty, human development and
progress on Millennium Development Goals (MDGs): Country case studies
on economic development in OIC member countries and observer
states, including but not limited to: Egypt, Pakistan, Morocco,
Algeria, Tunisia, Turkey, Malaysia, Iran, Bangladesh, Syria, GCC,
Mali, Niger, Senegal, Burkina Faso, Chad, Gambia, Mauritania,
Afghanistan, Kazakhstan, Albania, Kyrgyzstan, Tajikistan,
Turkmenistan, and Uzbekistan.
o Global and regional surveys of
economic indicators and socio-economic dynamics in the OIC region as
compared with the wider world; challenges of food insecurity and
energy crisis, access to safe water, basic health facilities and
education, education, inclusive growth and reform policies, the role
of the non-profit sector (e.g. NGOs), economic growth and the
environment, resource gap and mobilizing alternative forms of
external resources.
o The OIC Makkah Declaration (December
2005): An assessment of prospects and progress, the state of trade,
investment and economic cooperation in the OIC region; performance of
regional groupings and economic cooperation organizations in the OIC
region, responses to the new international economic order.
o The impact of the global financial
crisis, and the lessons to be learned for Islamic economics, banking
and finance.
Case studies on the Knowledge
Economy and Entrepreneurship Development Nexus
o The need for entrepreneurship
development with an emphasis on success stories.
o Female participation in
entrepreneurship, professional fields and workforce in the OIC region
and in the Islamic finance industry: its determinants, challenges,
and current state.
o Knowledge economy and its
relationship with inclusive economic development.
o Challenges of good governance, and
its implications for sustainable economic growth.
o Assessment of the impact of
globalization.
o Investment in human capital and the
challenges of human capital flight (‘brain drain’). Case Studies
on Access to Financial Services and Inclusive Financial Sector
Development
o The importance of access to finance,
its present state, and the use of Islamic banking and finance to
increase the availability of financial services.
o An assessment of inclusive financial
sector development policies.
o Experiences with Islamic microfinance
and the role of Zakah and Awqaf institutions.
o Performance measurement of Zakah and
Awqaf in Muslim societies; Zakah and Awqaf funds, and their use in
stimulating economic growth; establishing disclosure, transparency,
and monitoring requirements of Zakah and Awqaf activities.
THE WAY OUT – TOWARDS PRACTICAL
AND IMPLEMENTABLE ROAD MAPS
Challenges of developing Islamic
economics as a scientific economic discipline
o Challenges of education and teaching
institutions and human resources.
o Challenges facing research in Islamic
economics.
o Challenges of building linkages with
market applications and public policies.
o Balancing resources between Islamic
economics and Islamic finance research and teaching and integrating
Islamic finance within Islamic economics.
o The state of research journals and
Internet resources in Islamic economics.
Parameters and Modalities for Policy
Reforms
o Integrating comprehensive human
development and poverty alleviation in economic and financial sector
reforms.
o Developing the requisite institutions
for sustainable development with fair distribution and poverty
alleviation,including Zakah and Awqaf.
o Islamic finance, Zakah, Awqaf and
developing practical and implementable modalities for enhancing the
access of micro, small and medium enterprises to financial services.
o Reforms of macroeconomic management
and governance.
o Reforming public sector resource
mobilization and allocation based on genuine Islamic economics and
finance principles.
o Reforming the legal and regulatory
framework and infrastructure for financial markets and institutions.
o Comprehensive socio-economic policy
reforms based on the Maqasid Al Shariah.
Enhancing the Resilience and
Inclusiveness of Islamic Financial Markets and Institutions
o Enhancing the architecture and
infrastructure for Islamic financial markets and institutions.
o Resilience of Islamic financial
services industry and the role of internationally mandated
institutions (The Islamic Development Bank, Accounting and Auditing
Organization for Islamic Financial Institutions, Islamic Financial
Services Board, International Islamic Financial Markets,
International Islamic Liquidity Management Corporation).
o Impact of Basel III & G20 reform
agenda, IFSB and AAOIFI Standards and its impact on Islamic financial
services industry.
o Finance and governance in the
post-crisis world, democracy and transparency in governance of
Islamic finance –critique of the Western and IFSB/AAOIFI models of
corporate and financial governance.
o The challenges of authenticity,
financial product development, competition and sustainability.
o Enhancing the effectiveness of legal,
regulatory and support infrastructure for Islamic finance.
Assessing the Development and
Stability of Islamic Financial Services
o Critical assessment of the World Bank
and International Monetary Fund’s Financial Sector Assessment
Program.
o Developing templates for assessing
the development and stability of Islamic financial services.
o Actual assessment of stability and
development of Islamic financial industry in different countries.
DATES TO WATCH
Submission of abstracts with CVs ….
April 15th
Decision of Academic Committee …..
May 5th
Submission of First Draft of Papers ….
July 15th
Decision of Academic Committee ….
August 15th
Submission of Final Draft …. October
10th
TICKETS AND HOTEL
One author of each accepted paper will
be paid by IRTI round-trip economy class air tickets and hotel stay
during the conference.
STYLE FOR SUBMISSION
There is no submission fee. Outlines of
papers should be e-mailed in MS-Word format, along with short
biographies or CVs of the authors, to the academic contacts provided
below. Outlines and papers will be subjected to the normal
refereeing process. Keeping in mind the norms in economics and
finance discipline, papers are expected to be less than 35 pages,
typed in single space on A4 size paper, with one inch of margin on
all sides. The formatting style shall be as
follows:
1. Text Font: Times New Roman, 12pt.
2. Section Headings: Times New Roman,
12pt. bold, uppercase cantered.
3. Title of Paper: Font: Times New
Roman, 14pt. bold, uppercase cantered.
4. References: Harvard Style.
ACADEMIC CONTACTS:
Kindly e-mail your abstracts and papers
to both of the following contacts:
Dr. Salman Syed Ali
Senior Economist
Islamic Research and Training Institute
Islamic Development Bank
P.O. Box 9201, Jeddah 21432
Jeddah, Kingdom of Saudi Arabia
Email: 8ICIEF@isdb.org
Mr. Wijdan Tariq
Senior Researcher
Qatar Faculty of Islamic Studies
Islamic Economics and Finance Centre
Qatar Foundation
P.O. Box 34110 Doha, Qatar
Email: wtariq@qfis.edu.qa
BACKGROUND OF CONFERENCE SERIES
The first conference in the series was
held in Makkah Al Mukaramah, Kingdom of Saudi Arabia in 1976 under
the auspices of King Abdulaziz University, Jeddah and it marked the
start of development of Islamic economics and finance as modern
scientific disciplines. The second conference was held in
Islamabad, Pakistan, in 1983 under the
auspices of the International Islamic University, Islamabad. The
third conference was held in 1992 at the International Islamic
University, Selangor, Malaysia. The fourth conference was held in
2000 at Loughborough University, Loughborough, U.K. The fifth
conference was held in Bahrain under
the auspices of Bahrain University, Bahrain in 2003. The sixth
conference was held in 2005 in Jakarta under the auspices of the
Indonesian Ministry of Finance and the Central Bank of Indonesia. The
Seventh Conference was held in Jeddah under the auspices of
King Abdulaziz University in 2008. For
more information about previous conferences in this series, please
visit:
http://islamiccenter.kau.edu.sa/7iecon/index_english.html