CALL FOR PAPERS & PARTICIPATION2012 FOUNDATIONS OF ISLAMIC FINANCE CONFERENCE (FIFC)
July 8-11 2012Langkawi Island, MALAYSIAFoundation Series
The next conference on the Foundations of Islamic Finance (FIFC) Series is to be organized by the University Utara Malaysia’s OYA Graduate School of Business and the Islamic Business School (IBS): co-organisers are the INCEIF University and ISRA, two training-cum-research institutions of the central bank of Malaysia (BNM). Previous FIIF organiser, The University of Melbourne’s National Centre of Excellence in Islamic Studies (NCEIS) is associated with this event as well.(more hereunder)
The Conference is to be held at the world-renowned Langkawi Island in North Malaysia during 8-11 July 2012. The place and the dates were specially chosen to coincide with the birthday of Tun Dr. Mahathir Mohamed, an internationally acclaimed statesman and former Prime Minister. He is likely to be at the event as the distinguished speaker to officiate the launching of the World Association of Islamic Business Schools (WAIBS) at the UUM’s OYA Graduate School of Business and to also inaugurate the UUM Islamic Business School.
You are invited to participate in the 2012 Foundation of Islamic Finance Conference (FIFC) with the theme "Ethical Dimensions in Islamic Business: Realities and Challenges". In 2006, a group of internationally renowned and published scholars worked with the industry professionals in Australia on a series of research activities on Islamic Finance with an Australian Research Council grant for 4 years. Through this work, the first Foundation of Islamic Finance Conference (FIFC) was organized in 2009 at the NCEIS. The second FIFC was held in Dubai in 2010; third in 2011 by University Putra Malaysia. A related conference on Ethics in Financial Transactions was held in September 2011 at The University of Melbourne.
This series of conferences has gained support from a number of eminent colleges, universities and financial/research organizations involved in Islamic Banking, Insurance, and Finance attracting good participation from both academic and professional sectors. Each conference has led to (i) publication of selected papers in journals and a book publication by Edward Elgar UK-USA. The book publisher has launched a Foundation of Islamic Finance series with the first volume in 2012. Two more books, one on Islamic banking and another on Islamic sukuk securities are out in 2012.
The aim of this research-based series is to encourage open discussion leading to quality publications: authentic books, refereed journal articles, doctoral proposal discussions and conference proceedings. All papers will be carefully peer-reviewed by practitioners and scholars in order to provide a forum for advancing this new niche Islamic finance being taught in tertiary institutions and managing a new industry.
Islamic Finance has grown rapidly over its short 50-year history. The total assets managed by some 500 institutions are reported to be large, but no reliable figures are available from 76 countries. With about two-thirds of the markets being managed in Malaysia, Kuala Lumpur has emerged as the major hub for Islamic financial markets although there are six other sizeable markets elsewhere. The chief guest is the honourable Tun Dr Mahathir Mohammad, an internationally renowned statesman, and thinker respected across the world. There are several eminent professionals and scholars of international repute who will be presenting their addresses and views on the theme of the Conference. Among them are eminent persons such as Munawar Iqbal, Abbas Mirakhor, Mervyn Lewis, Mohamed Ariff and possibly the Governor of the Bank Negara Malaysia. The following industry professionals and scholars have agreed to participate:
Experts:
Governor of Bank Negara Malaysia (invitation pending)
Dawood Vicary Abdullah (INCEIF, CEO)
Governor of Bank Negara Malaysia (invitation pending)
Dawood Vicary Abdullah (INCEIF, CEO)
Aasso/Prof Mohamad Abdalla (Grifith University)
Mr Aderi Adnan (Director, Islamic Finance, DIFC)
Prof Habib Ahmad (Professor, United Kingdom)
Prof Syed O. Alhabsi (Chief Academic Officer, INCEIF)
Prof Mohamed Ariff (Professor of Finance, Australia; May Bank Chair)
Prof Obiyathulla I Bacha (Head Postgraduate Studies, INCEIF)
Assoc/Prof Ishaq Bhatti (Australia)
Mr Meor Amri Meor Ayob(CEO, Bond Pricing Agency)
Prof Murat Çizakça (Distinguished Chair Prof at INCEIF)
Prof Chapra (Advisor, Islamic Development Bank)
Prof Micahel Drew (Professor of Finance, Australia)
Dr Akram Laldin (Executive Director, ISRA)
Prof Mervyn Lewis (Chair in Banking, Australia)
Dr Imran Lum (General Manager, National Australia Bank)
Dr Abbas Mirakhor (INCEIF-ISRA, formerly IMF staff)
Prof Azmi Omar (IRTI, Islamic Development Bank)
Prof Abdullah Saeed (Sultan of Oman Chair, University of Melbourne’s NCEIS)
Prof Michael Skully (Monash University)
Emeritus Prof Rodney Wilson (University of Durham)
Several more eminent industry practitioners and scholars will be involved, and their invitations are pending decision.
CONFERENCE DETAILS: The conference will be held at the Bayview International Hotel, Langkawi, Malaysia. Langkawi houses a world-renowned offshore financial centre as well as a holiday resort. The conference will start with an opening reception in the evening of Sunday July 8, 2012. A doctoral Colloquium will be held on that day. The conference proper starts on 9 July, 2012 and two important events (Associations of Deans of Business Schools in Islamic Countries and the launching of the IBS) will follow thereafter. Papers accepted for the conference will be reviewed for best papers to be published in one or more journals. The commissioned papers presented by invited persons, after review and revisions of their papers, will be edited and published by the Edward Elgar Publishing Ltd UK-USA under the Foundation of Islamic Finance Series after blind review of the contributions as edited. All the accepted papers will be collated and edited as a non-copyrighted Book of Proceedings to be made into a CD and posted in the web for free access. PAPER SUBMISSION PROCEDURE: The submission deadline is Friday 11, May, 2012. Paper writer(s) will be notified of the International Review Committee's decision by end May. The registration fee is MR 1000 (about US$320) payable in RM collected through credit card authorisation via the web site. The conference papers, if found to be relevant, may be considered for inclusion in the book as a commissioned paper. The conference participation fee includes the welcome reception on July 8, drinks, lunch and dinner. Once the papers are accepted, registration has to be done by June 8, 2012: otherwise the accepted paper is planned to be withdrawn.
The submission deadline for doctoral papers is Friday 25, May, 2012. Doctoral proposals will be considered by a panel of professors before being accepted: Professor Shamsher Mohamed is co-ordinating this event. Doctoral proposal should be made as per the instructions to be posted soon in the website. The proposals can be on any topic within the Islamic Business and Finance area. Registration fee is half the conference fee. Once the papers are accepted, registration has to be done by June 8, 2012:
Paper submissions: Inquiries about the conference may be sent to: University of Melbourne:Prof Abdullah Saeed; _Ph (613)-8344-3559; abdullah.saeed@unimelb.edu
Ramila Chanisheff; Ph (613)-8344-3559; ramilac@unimelb.edu.au
University Utara Malaysia (Conference Secretariat):Prof Nor Hayati Ahmad; Ph +(604) 928-6403; ayati@uum.edu.my
Mohd Nazir Khamis; Ph +(604)-928-3951; md.nazir@uum.edu.my
INCEIF-ISRA:
Prof Shamsher M.; Ph+ (60)-12-214-756 (mob); shamshermohd57@gmail.com
PROGRAM CO-CHAIRs:
Chairs: Nor Hayati Ahmad Asmadi Mohamed Naim Email: ayati@uum.edu.my Asmadi@uum.edu.my
Phone: +(604)-928-6403 +(604)-928-6360 Chairs: Azizi Shamsher M.Email: azizi833@uum.edu.my shamshermohd57@gmail.com
Phone: +(604)-928-4000 +(60)-12-214-756 (mob) SECRETARIAT: Oya School of Business & Islamic Business School University Utara Malaysia, O6010, Sintok, Kedah, Malaysia.
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