Qatar to host Islamic economic conference

JEDDAH: Papers have been invited from experts for presentation at an international conference on Islamic economics and finance to be held in Doha on Dec. 18-20, 2011.

“Sustainable growth and inclusive economic development from an Islamic Perspective” is the main theme of the three-day event.

The conference is organized by the Qatar Foundation’s Faculty of Islamic Studies (QFIS) through its Islamic Economics and Finance Center, the Islamic Research and Training Institute (IRTI), the International Association for Islamic Economics, and the Statistical, Economic & Social Research & Training Center for Islamic Countries (SESRIC), with the support of other stakeholders.

“The conference will address the problems of poverty alleviation, inclusive economic growth, and macroeconomic stability from the perspective of the Islamic economics and finance,” said Tariqullah Khan, professor of Islamic finance at Qatar Foundation. “Theoretical and empirical research papers are invited in Arabic and English languages,” he said.

Papers in Islamic economics should focus on either economic doctrines and values of Islam; Islamic economics, its methodology and scope; history of Islamic economic thought and economic management; Islamic economics and comprehensive human development; Islamic critique of conventional economic theories; methodology of Islamic economics including critique of Islamic economics and finance; role of Islamic principles in microeconomic institutions, exchange and market discipline; and effects of Islamic principles on macroeconomic management – fiscal, monetary and financial policies.

The conference will discuss different economic development models and policies of OIC countries in the light of UN Millennium Development Goals.

It will also debate case studies on access to financial services and inclusive financial sector development. Papers will also be presented on experiences with Islamic microfinance and the role of Zakah and Awqaf institutions.

“The conference will also deal with challenges of developing Islamic economics as a scientific economic discipline,” Tariqullah said.

“These include challenges of education and teaching institutions and challenges of building linkages with market applications and public policies,” he pointed out.

The conference would also address issues related to Islamic economic reforms such as reforms of macroeconomic management and governance; reforming public sector resource mobilization and allocation based on genuine Islamic economics and finance principles; reforming the legal and regulatory framework and infrastructure for financial markets and institutions; and comprehensive socio-economic policy reforms based on the Maqasid (Objectives of) Al-Shariah.


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