Macroprudential Regulation and Policy for Islamic Financial Industry: Theory and Applications
5-6th October 2015
Venue:
Manama, Bahrain
Organised by
Islamic Research and Training Institute, Islamic Development Bank
in Collaboration with
Faculty of Business Administration, University College of Bahrain (UCB), Manama
CALL FOR PAPERS
MACROPRUDENTIAL REGULATION AND POLICY FOR ISLAMIC FINANCIAL INDUSTRY: THEORY AND APPLICATIONS
Islamic Research and Training Institute (IRTI/IDB) in collaboration with Faculty of Business Administration, University College of Bahrain (UCB), Manama will hold a Workshop on Macroprudential Regulation and Policy for Islamic Financial Industry: Theory and Applications on October 5-6, 2015. This Workshop aims at bringing together experts in Islamic banking, regulation, and financial economics to take stock of current academic and policy research on theory, methodology and application of macroprudential regulation and policy in Islamic Finance industry.
A. FOCUS AREA
Papers submitted to the workshop should shed light on how such macroprudential regulation and policy could be implemented and what are the challenges in practice, specifically in terms of their effect on growth, financial stability and resilience to shocks. Papers are of particular relevance to the Workshop should address some of the following issues but are not limited to, include:
1. Do Islamic financial institutions (i.e. banking system) requires specific macroprudential regulation and policy to be carried out at the national or supranational level?
2. How is macroprudential regulation and policy for Islamic banking system interaction with others conventional policies? Is it a complementary or conflict?
3. What are the optimal setting for macroprudential regulation and policy for Islamic finance industry?
4. What are the specific or reliable indicators for Islamic finance industry? or which instruments or tools should be used by the regulators?
5. Should macroprudential regulation and policy for Islamic finance industry be bound by rules or be carried out discretionary?
6. How to design macroprudential regulation and policy framework in the case of Islamic finance industry?
7. What are the countries experiences and challenges in implementing macroprudential regulation and policy for Islamic finance industry?
All the topics below are related to the Islamic financial systems, industry and institutions:
1. Reputation, risk-taking and macroprudential policy.
2. Capital requirements and systematic risk.
3. Macroprudential regulation, policy, tools and instruments.
4. Macro versus microprudential perspectives.
5. The importance and needs of macroprudential.
6. Monetary policy, bank leverage, credit cycles and financial stability.
7. Financial imbalance and macroprudential policy.
8. Institutional structures of financial sector supervision, governance and benchmarks.
9. Experiences and challenges in designing and implementing macroprudential policy.
10. The interaction between the Islamic financial system and the macroeconomy.
11. Strengthening macroprudential analysis, design and coordination.
12. Current macroprudential instruments in the OIC countries.
13. Human development and macroprudential policy.
14. Role of central bank/supervisory in setting up macroprudential regulation.
15. AAOFI standard, IFSB guidelines and macroprudential policy.
16. The impact of Basel III on macroprudential policy.
17. International dimension of macroprudential policy.
18. Other issues related to macroprudential policy and regulations.
B. SUBMISSION OF PAPERS
The submission of the full paper and curriculum vitae shall be uploaded via ONLINE SUBMISSION SYSTEM.
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Online Paper Submission
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For further information about the workshop kindly go to: http://www.ucb.edu.bh/workshop and www.irti.org. Submitted paper should not have been published nor under the consideration for publication elsewhere.
All submission should also comply with the manuscript submission guidelines. All papers should include:
1. Title of the paper, author’s name, affiliation, corresponding address and email address.
2. Abstract must clearly specify the purpose of the paper, not more than 300 words.
3. Five key words defining the subject of the paper according to JEL classification (http://www.aeaweb.org/jel/guide/jel.php)
4. The length of the full paper should fall between 5000 – 8000 words. Paper should be written in Times New Roman with font size 12 and 1.5 spacing.
5. References are mandatory. References shall be written in accordance with the Chicago Manual of Style (http://www.chicagomanualofstyle.org/tools_citationguide.html) for guidelines.
C. TICKET AND HOTEL:
This workshop is envisioned as a meeting of minds among thinkers, scholars and practitioners (maximum 40 persons). Authors of the accepted papers will be covered for round-trip economy class air ticket and hotel accommodation during the workshop.
D. PUBLICATION:
The organizers have the full rights to publish the accepted papers for the workshop.The author of the accepted paper will receive editorial comments so that the paper can be revised for presentation at the Workshop. The papers presented at the discussion will be reviewed for consideration and to be publish in an edited book. The edited book will be published by Springer Publisher under the Contributions to Economics Series.