INTERNATIONAL CONFERENCE ON ISLAMIC FINANCE 2010 (ICiF 2010)

  "Contemporary challenges of Islamic finance: towards realizing the goals of shari'ah"

Organized By:

Faculty of Business and Management Sciences (FBMS)

Introduction

Islamic Banking and Finance, as an industry, has witnessed rapid growth in the last two decades. Currently, there are over 270 Islamic banks worldwide and a total market capitalization in excess of US$13 billion. Cursory examination of the Islamic Financial services industry indicates overdependence on fixed-return instruments such as murabahah and ijarah, and lack of profit-sharing, modes of financing, such as mudarabah and musharakah. In addition, some of the financial products and practices that have received Shari'ah-compliant endorsement are being questioned by academic scholars and the public.

The Conference

Aims to consolidate both fundamental Shari'ah principles advocated by scholars, and operational aspects and concerns voiced by practitioners. The Conference also hopes to positively contribute to the development of a more globally harmonized Islamic banking and finance industry that would better serve the Muslim Ummah.

Scopes and Topics that will be covered:

·          Islamic Consumer and financing products; Islamic capital market development; Islamic equities, unit trusts, stock selections, REITS;

·          Islamic trade financing instruments; micro-financing schemes and the development of small-medium enterprises;

·          Islamic finance and the attainment of economic objectives of Muslim countries; Financial engineering and use of derivaties in Islamic banking and finance;

·          Islamic personal financial planning and wealth management; Islamic banking and finance regulatory framework and infrastructure;

·          Shari'ah advisory and approval, Shari'ah audit and supervision; Legal and Shari'ah issues in Islamic banking and finance

·          Corporate governance and ethics, Accounting and Risk management for Islamic financial institutions;

·          Problems with the current monetary system and the Islamic Gold Dinar solution;

·          Non-financial but complementary institutions such as Zakah and Waqf; Management, marketing and operational aspects of Islamic financial institutions;

·          Islamic banking and finance education, curriculum development and human capital development;

·          other related areas in Islamic Banking and Finance.

Medium of Instruction : Arabic, Malay And English

Call For papers

Academicians, researchers, practitioners and graduate students are cordially invited to contribute papers and participate in the conference. The guidelines for the papers/abstract and registration form can be downloaded  here .

Important Dates

The deadline for the submission of abstract: Saturday, 30 January 2010.

Announcement of abstract/topic acceptance: Friday, 25 December 2009.

The deadline for the submission of full paper: Wednesday, 10 February 2010.

The deadline for registration/payment: Monday, 1 February 2010.

Any queries regarding the conference, please email to:

Dr Mohamed Sharif Bashir  [ This e-mail address is being protected from spam bots, you need JavaScript enabled to view it ]

Associate Professor Dr Haji Ismail Mat [ This e-mail address is being protected from spam bots, you need JavaScript enabled to view it ]

Hajah Nur Annisa Haji Sarbini [ This e-mail address is being protected from spam bots, you need JavaScript enabled to view it ]

Submission Guidelines:

· Abstract should be in English, 150-200 words in length and not more than 20 pages.

· Format Microsoft Word, Times New Roman font 12, single spacing

· Include author's name, affiliation, contact number and email address

Registration Fee