5th International Conference on Islamic Economics 2026 (5th ICONIE 2026)
Date:14 & 15 April 2026 (Physical & Online)
Bahrain Institute of Banking and Finance, Bahrain
Theme: "Global Debt Crisis and Islamic Finance: A Roadmap for a Just Financial System"
INTRODUCTION
The International Research Centre of Islamic Economics and Finance (IRCIEF-UIS), in collaboration with the Bahrain Institute of Banking and Finance (BIBF) as a strategic partner, will organise the 5th ICONIE 2026. The conference will discuss the role of Islamic economics in addressing current global issues related to social justice, economic inequality, and sustainable development.
With the theme "Global Debt Crisis and Islamic Finance: A Roadmap for a Just Financial System" the conference aims to explore how Islamic economic principles can contribute to reimagining global financial systems, mitigating debt dependency, and promoting sustainable development, particularly in vulnerable economies.
The world is facing a mounting debt crisis of unprecedented proportions. Sovereign debt levels in both developing and developed nations have reached unsustainable height, exacerbated by decades of interest-based lending, economic mismanagement, and global financial shocks. As countries, and dependency on external bailouts, millions are pushed into poverty, and public services are eroded.
The current global financial architecture, rooted in interest (riba), speculative transactions, and asymmetrical risk, has proven inadequate in fostering justice, resilience, and long-term sustainability. In this context, Islamic economics offers compelling alternatives grounded in ethical principles, risk-sharing, and socio-economic justice. Models such as profit-and-loss sharing (PLS), zakat, waqf, sukuk, and non-interest-based financing can provide viable pathways toward equitable debt resolution, real economic growth, and financial stability. These approaches emphasize fairness, accountability, and the prevention of exploitative practices, aligning economic activity with the broader objectives of human dignity and collective prosperity.
This conference will bring together scholars, policymakers, financial practitioners, and development experts to critically examine current debt challenges and propose Islamic alternatives that are both theoretically robust and practically implementable in a multipolar world.
Sub-themes
• Sovereign Debt
• Debt Justice and Economic Sovereignty
• Islamic Social Finance for Fiscal Stability
• Ethical Public Financing in Theory and Practice
• Islamic Financial Institutions and their Role in Crisis Mitigation
• Islamic Debt Management Strategies for Conflict
• Profit-and-Loss Sharing Models as an Alternative to Interest-Based Lending
• Debt, Development, and the Maqasid al-Shariah
• The Role of Central Banks and Regulators in Integrating Islamic Finance for Public Debt Solutions.
• Islamic Perspectives on IMF, World Bank, and Global Financial Institutions
• Ethical Debt Relief and Restructuring: A Faith-Based Approach to Global Solidarity
• Digital Innovations in Islamic Finance for Debt Transparency and Accountability
• Islamic ESG Investing
• Youth, Employment, and Public Financing
• Case Studies in Islamic Debt Management
• Shariah Solutions
Publication
ALL ACCEPTED PAPERS will be published in the conference e-proceeding (with eISSN) and selected papers will be recommended for publication in MyCite-indexed journals.
Registration and Submission Notes:
a. Registration and submission of Full Paper must be done electronically through this online submission system.
- Click on the "Registration" menu to create ConfBay Account and proceed for conference registration by logging in the system.
- Click on "Online Submission" menu to submit your abstract(s) / full paper.
b. Abstract and Full Paper Format - Strictly follow the template which can be downloaded at the conference website:
Contact Us
5th ICONIE 2026 Secretariat
International Research Centre of Islamic Economics and Finance (IRCIEF)
Selangor Islamic University (UIS)
Bandar Seri Putra
43000 Kajang
Selangor
Email: iconie@uis.edu.my