Friday, 3 January 2014

{Kantakji Group}. Add '12361' Fwd: Call for Paper - Foundation of Islamic Finance Conference, 2-3 April 2014, Durham University

---------- Forwarded message ----------
From: ASUTAY M. <>
Date: Sat, Jan 4, 2014 at 12:48 AM
Subject: Call for Paper - Foundation of Islamic Finance Conference, 2-3 April 2014, Durham University

April 2-3, 2014
Durham Centre for Islamic Economics and Finance
Durham University Business School
Durham University, United Kingdom
Foundation of Islamic Finance Series

The Sixth Foundation of Islamic Finance (FIFC) Conference is to be held at the Durham University, Durham, United Kingdom. FIFC series, originally funded via a large 2006-11 Australian Government grant, is a joint collaboration of The University of Melbourne's National Centre of Excellence in Islamic Studies (NCEIS) and the Monash University in Melbourne. A group of eminent scholars from around the world are networked as associate researchers under the FIFC. The sole aim of their efforts is to publish rigorously done research studies as books (under the Edward Elgar Foundation of Islamic Finance series) and as journal publications to advance the emergingdiscipline, Islamic Finance. As self-funded non-profit organisation, it manages to offer an annual meeting for deliberation, and then publish notable literature since 2006.

You are invited to participate in the 2014 meeting with the conference theme "Islamic Economics and Finance: The New Frontier": Papersrelating to Islamic economics and finance including papers covering the Shariah aspects of Islamic economics and finance are welcome in this series.

The 2014 meeting is jointly organised by the INCEIF (International Center for Education in Islamic Finance) ISRA, located in Malaysia, and Durham University. It will be held at the conference facilities of Durham University in United Kingdom. The National Centre for Financial Economics Research (NCFER) at the AACSB-accredited University Putra Malaysia and the Arshad Ayub Graduate Business School (AAGBS) Universiti Teknologi MARA, are associated with the FIFC.

The venue and the dates were specially chosen to bring this series outside of Asia Pacific Region, to enable participation at an affordable cost in a developed country. Four best papers will be chosen andpublished in international journal while a book on Conventional and Islamic Insurance: Theory & Practice will be published under the Foundation Series. The chapters for the book will be written by eminent experts and presented at the FIFC before being edited by the series editor(s). Three books from previousFIFC meetings (on banking; sukuk; banking products) and journal articles have been well received by the industry and the academia.

This series of conferences gained support from a number of eminent colleges in the UK; Australia, Malaysia & UAE, and supported by financial/research organizations (National Australia Bank, Kuwait Finance House, Bond Pricing Agency, etc.) involved in Islamic Banking, Insurance, and Finance attracting good participation from both academic and professional sectors. The aim 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 a panel of established experts before being accepted for presentation. The main criterion for paper selection is: Does the paper advance the building of knowledge relevant for the Islamic Finance being taught in tertiary institutions and for managing a new industry?

Islamic Finance has grown rapidly over its short 50-year history. The total assets managed by some 570 institutions in more than 76 countries are estimated to be as large as US$ 4 trillion. It is growing at about 25-20 per cent since the Global Financial Crisis. The UK government has passed new laws in October, 2013, to permit the offer, listing and trading of the Islamic debt instruments called sukuk in the London Exchange. Sukuk is already traded in 12 markets. It has some desirable features to restrain too much borrowing with its asset-backed contracting terms. London is expected to spur its further growth.

Among the key scholars participating are eminent persons: Habib Ahmad, Dato Mohamed Ariff, Mohamed Ariff, MuratÇizakça, Mervyn Lewis, Munawar Iqbal, Abbas Mirakhor, Tariqullah Khan, etc. The Governor of the Bank Negara Malaysia is likely to participate along with the CEO/President of INCEIF (Dawood Vicary). The following industry professionals and scholars play crucial role in the FIFC series:



Emeritus Prof Dato Mohamed Ariff (Emeritus Professor & INCEIF)

Prof Syed Othman Alhabsi (Chief Academic Officer, INCEIF)

Prof Abdul Hameed Talib (Professor, INCEIF)

Prof Mohamed Ariff (Professor of Finance, UPM Malaysia)

Prof Shamsher Mohamad (Professor of Finance, INCEIF)

Prof Obiyathulla I Bacha (Professor and Head Postgraduate Studies, INCEIF)

Prof Munawar Iqbal (Institute of Islamic Economic Studies, King Abdulaziz University, Saudi Arabia)

Assoc Prof Ishaq Bhatti (Latrobe University Australia)

Mr Meor Amri Meor Ayob (CEO, Bond Pricing Agency)

Prof Murat Çizakça (Distinguished Chair Prof at INCEIF)

Prof M. Chapra (Advisor, Islamic Development Bank)

Prof Michael Drew (Professor of Finance, Australia)

Dr Akram Laldin (Executive Director, ISRA)

Prof Mervyn Lewis (Chair in Banking, Australia)

Dr Imran Lum (General Manager (Islamic Banking), National Australia Bank)

Prof Abbas Mirakhor (INCEIF-ISRA, formerly IMF staff)

Prof Azmi Omar (Director, IRTI, Islamic Development Bank)

Prof Abdullah Saeed (Sultan of Oman Chair Prof, University of Melbourne's NCEIS)

Prof Michael Skully (Monash University)

Emeritus Prof Rodney Wilson (Emeritus Professor University of Durham)

Prof Constant Mews (Director of a Centre & Professor, Monash University)

Prof Tariqullah Khan (Dean of Fac of Islamic Economics and Finance, Qatar Foundation)

Prof Habib Ahmad (Professor, Durham University, United Kingdom)

Dr Mehmet Asutay (Director, Durham Centre for Islamic Economics and Finance)


Several more eminent industry practitioners and scholars will be involved, and their invitations are pending decision.            

Papers accepted for the conference will be reviewed for best papers to be published in one or more international journals (example JKAU Islamic Economics). The commissioned papers presented by invited persons, after review and revisions of their papers, will be edited and published as a book. 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, after the conference is over. 
         The meetings will be held at the conference facilities of the Durham University within the university campus. There is an airport in Durham city with some airlines providing services to the airport: the major arrival port is either Gatwick or Heathrow airports with train connections to Durham city. Apart from hotels for accommodation in Durham city, the halls of residences have facilities for delegates to stay in one-room college accommodation (with bathroom attached). The conference will start on Wednesday 2 April, so delegates are expected to have arrived the day before. The conference proper starts on 9:00 am and will run for 2 days with parallel sessions for papers and a plenary session for pre-commissioned papers to be presented on day two. Further details will be posted later when all details are available for transportation, booking accommodation, and how to register by credit card payments.
The submission deadline is Friday 15, February, 2014. Paper writer(s) will be notified of the International Review Panel's decision by 23 February, 2014. The registration fee is MR 1450 (about US$450) payable in RM collected through credit card authorisation via the web site or as cash in USD at the conference desk, for approved participants. 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 28 February, 2014: otherwise the accepted paper will be withdrawn.
Paper submissions: 


Datuk Prof Syed Othman Alhabshi; +(603)- 7651-4016;

Prof Shamsher M.; Ph+ (60)-12-214-756 (mob);

Prof Mohamed Ariff; Ph +(60)-8946-7658;

Prof Habib Ahmad; Ph +(4419)-1334-5684;
Inquiries about the conference may be sent to:
University Putra Malaysia:

Prof Mohamed Ariff; Ph +(603) 8946-7658;

Assoc Prof Bany Ariffin; Ph +(603)-8946-7599;


Universiti Teknologi MARA (UiTM)

Assoc Prof Jaffar Payeman: Director of AAGBS, Universiti Teknologi Mara; Ph (603) 5544-4697;

Prof Catherine Ho: Ph (603) 5544-4792;

The University of Melbourne:
Prof Abdullah Saeed; _Ph (613)-8344-3559;
Ramila Chanisheff; Ph (613)-8344-3559;
 Chairs:      Syed Othman Alhabshi     Habib Ahmad          
 Phone:      +(443)-5636-2641             +(4419)-1334-5684                  
 SECRETARIAT: INCEIF University (Contact:;
 Lorong Gombak, 50050 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
 +(603-2781-4000 (xge).

Dr Mehmet Asutay
Reader in Political Economy
Durham University Business School
Mill Hill Lane
Durham DH1 3LB

Durham Centre for Islamic Economics and Finance
Managing Editor
Review of Islamic Economics
Honorary Treasurer
International Association for Islamic Economics (IAIE)
Tel: + (0) 191 334 7179

"I shall pass through this world but once; any good therefore that I can do or any kindness that I can show to any human being; let me do it now; let me not defer or neglect it; for I shall not pass this way again."
(Stephen Grellet)

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