CALL FOR PAPERS
15TH INTERNATIONAL CONFERENCE ON ISLAMIC ECONOMICS AND FINANCE (15TH ICIEF)
Tuesday 12th – Thursday 14th December 2023
Venue: Kuala Lumpur
Theme: Driving the Agenda for a Sustainable Humane Economy
Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia (IIUM) &
International Association of Islamic Economics (IAIE)
Paper contributors are advised to observe the following deadlines:
● Papers submission deadline: 15th August 2023
● Notification of acceptance of papers: 15th October 2023
● Deadline for presenters and participants registration: 15th November 2023
The First International Conference on Islamic Economics held in Makkah al-Mukarramah in 1976, was the watershed for the new discipline of ‘Islamic Economics’. Almost five decades later, the Kulliyyah of Economics and Management Sciences (KENMS) of the International Islamic University Malaysia (IIUM) is once again honoured to manage and host the 15th International Conference on Islamic Economics and Finance for the third time, tentatively to be held from the Tuesday 12 to Thursday 14 December 2023 in Kuala Lumpur. The theme of the conference is Driving the Agenda for a Sustainable Humane Economy.
Recovering from the COVID-19 pandemic, financial and economic crises coupled with challenges from climate change, provide the OIC countries an opportunity to embrace Islamic economics and finance as indigenous approaches to guide their economic policy responses. For this to happen, theoretical foundations of both Islamic economics and finance, as well as their links to policymaking and implementation need greater attention and integration. The world is complex and everything is connected to everything. Hence, proper planning is a part of developing a responsive and responsible Islamic Economics and Finance. The 15th ICIEF 2023 provides the platform for bringing together academics, researchers and policymakers from the Muslim world to discuss the challenges faced and how greater effort can be made towards achieving our preferred future.
The teaching, research and practice of Islamic economics and finance have made tremendous strides globally over the last 50 years. The establishment of higher education institutions like the IIUM and development finance institutions like the Islamic Development Bank, respectively, have provided important avenues for practical implementation of education programs as well as increasing financing for economic and financial cooperation among OIC-member countries. It is important to plan for a sustainable humane future- one that recognises efficiency goes hand-in-hand with equity. However, in order to plan effectively, one must be aware of where we are, how we arrived here, what the challenges are, have a clear vision of where we want to go as well as a plan for the future. Development of research and practice of Islamic economics and finance requires commitment by all the stakeholders as well as the establishment of viable links between theory and policymaking by academics and policymakers.
Taking into account the state of the art and the direction of the fields of Islamic economics and finance, the 15th ICIEF focuses on the way forward toward developing the discipline of Islamic economics and finance and increasing their application especially in the economies of the OIC countries. Hence, the conference is devoted to not only theory development and application of the theory but also policy-related issues concerning, but not necessarily limited to, the following areas: Islamic Economics, Islamic Finance, Policy-Issues and Related areas in Sustainability, Shariah, Accounting, Management and Marketing.
Islamic Economics – Islamic economic system and Islamic economy; theoretical and policy studies to achieve sustainable humane development; historical and comparative economic studies; comparative economic models; Islamic economic thought; review articles useful as teaching materials at the university level.
Islamic Finance – emerging issues relating to sustainable Islamic finance; alternative financial and monetary systems from the Islamic perspective; Innovation, AI and FinTech; stability of Islamic financial system; risk-sharing in Islamic finance; Islamic finance infrastructure institutions.
Policy Issues and Prescriptions for the OIC countries – poverty and inequality; entrepreneurship development; micro and small enterprise development; legal, tax and regulatory frameworks from the Islamic economics perspective; Islamic monetary and fiscal policies including zakah and awqaf-based social safety-nets; economic indebtedness; the role of the IsDB in sustainable economic development; trade and cooperation among the OIC countries.
Other Related Areas – Sustainability, Maqasid al-Shariah and its relations to IEF; issues relating to Islamic accounting and its application to IEF; Islamic approaches to management and marketing; Islamic economics and finance education and research.
The following list is meant to give a more detailed picture of areas/topics:
i. Theoretical, Historical, Shariah, Maqasid al-Shariah and Institutional Aspects of Islamic Economics and Finance
ii. Poverty, Inequality, Socio-Economic Justice and Human Development in the Humane Economy: Theory and policy dimensions; Trade and Economic Cooperations
iii. Islamic Social Economy and Finance: Theory, Practice and Policy innovations; SDGs and the role of Islamic finance; country case-studies
iv. Management and Business Ethics, Entrepreneurship, Marketing, and Corporate Social Responsibility from an Islamic Perspective
v. Islamic Finance, Banking, Corporate Finance, and Capital Markets for a Sustainable Humane Economy
vi. AI, FinTech, Risk Management and Stability of the Islamic Financial Services Industry
vii. Climate change; sustainability studies; managing externalities for a sustainable humane economy
viii. Accounting, Auditing and Reporting for Good Governance; Regulatory and Legislative Landscape for a sustainable humane economy
ix. Central Banking, Monetary and Fiscal Policy Reforms for a Sustainable Humane Economy
x. Innovation, Technology and the Development of a Sustainable Humane Economy
The Organisers welcome theoretical, empirical and policy papers that will serve to evaluate the current strengths of the disciplines of Islamic economics and Islamic finance and to also chart out possible future directions. Keynote speeches as well as Panel Forums will also be organised.
LANGUAGE, PRESENTERS AND PARTICIPANTS
The conference will accept papers in both English and Arabic.
Approximately 100 papers are expected to be presented during the two days.
Approximately 250-300 participants are expected to attend the event.
1. Paper submissions must comply with the following guidelines:
● Paper must be either in English or Arabic.
● Original papers not published or submitted for other events.
● Paper must be in Microsoft Word format. Do not submit ZIP files.
● Do NOT include the authors’ names in the main submission of the paper, as papers will be subject to double-blind peer review.
● Full tentative title of the manuscript must be included on the paper.
● Abstract is required and should be between 200-250 words. Please limit the use of acronyms, abbreviations and references in the abstract.
● Keywords for the article: 3-5 keywords are sufficient.
● Referencing: we recommend the Harvard referencing system.
● Please do not submit duplicate copies of the papers.
● Please limit the number of pages to 30 or less (including references).
2. Final Paper Submissions:
● Authors whose first drafts have been submitted before the deadline and accepted will be invited to submit final drafts of their research papers based on the peer-reviewers’ recommendations for revision.
● Selected papers presented to the Conference will be considered for possible publication in the International Journal of Economics, Management and Accounting (formerly IIUM Journal of Economics and Management, indexed by Web of Science Core Collection), Intellectual Discourse (IIUM, indexed by Scopus), and Islamic Economics Studies (IRTI) and KAAU Journal of Islamic Economics Indexed in SCOPUS. We are also working to get more journals on the list.
● Papers presented may also be selected to be published in edited volumes emanating from the Conference.
TICKETS AND HOTEL
Subject to the availability of funds, one author of selected accepted papers may be sponsored a round-trip economy class air ticket and/or hotel stay during the conference days only. The author who wishes to avail of conference sponsorship must be the corresponding author
CONFERENCE FEE AND CONTACTS
● The conference fee will be announced later.
● For more info, please visit our website at https://conference.iium.edu.my/icief2023/
● For queries, kindly e-mail the 15th ICIEF Secretariat at email@example.com