Announcement

The 11th International Islamic Monetary Economics and Finance Conference and Call for Papers (11th IIMEFC)

October 30, 2025

"Promoting Inclusive and Sustainable Growth with Sharia Economy amid the Age of Digitalization and Global Imbalances"

Organized By 

Bank Indonesia 

Jakarta, Indonesia, October 30, 2025

OVERVIEW

The 11th International Islamic Monetary Economics and Finance Conference (11-IIMEFC) and call for papers is an annual event organized by the Journal of Islamic Monetary Economics and Finance (JIMF); a Scopus-indexed journal published by Bank Indonesia Institute. This conference serves as a forum for researchers, academics, practitioners, and policymakers from various countries to discuss strategic issues, share research findings, exchange ideas, and contribute to knowledge in the fields of Sharia economics and finance. This year's conference theme is "The Role of Islamic Economics and Finance in the Era of Digital Transformation, Sustainable Growth and Geopolitical Uncertainty".

Islamic finance, which is based on ethical investing principles and Shariah law, has seen substantial evolution. Islamic finance faces opportunities and challenges with the rise of digital transformation and the global push for more sustainable economic practices. Technology can potentially increase the accessibility and reach of Islamic financial products. At the same time, sustainability concerns call for a more thorough integration of environmental, social, and governance (ESG) aspects into economic decision-making.

In addition, increasing geopolitical tensions—such as global trade disruptions, shifting alliances, and energy security concerns—add layers of complexity to the global financial landscape. These uncertainties challenge economic stability and require Islamic finance to adapt with resilience, offering value-based solutions rooted in justice, risk-sharing, and ethical investment.

This call for papers encourages research into the nexus of Islamic finance, digital innovation, sustainability, and geopolitical risk, emphasizing how technology can bridge the gap between traditional practices and current financial needs while contributing to long-term and inclusive growth.

SCOPE OF CALL FOR PAPERS

This call for paper encourages submissions from diverse perspectives, including theoretical, empirical, and policy-oriented approaches on the following issues: 

Sub Theme 1: The Role of Fintech in Islamic Finance

• Digital Transformation of Islamic Financial Services

Fintech innovations like blockchain and digital wallets are revolutionizing Islamic banking. There is significant potential to integrate digital tools into traditional Islamic financial products, such as Sukuk and Islamic insurance, to enhance accessibility, transparency, and efficiency.

• The Emergence of Islamic Digital Banks

Digital-only Islamic banks are crucial in providing Shariah-compliant financial services without physical infrastructure. These digital banking methods positively impact underprivileged populations in emerging markets, and fintech innovations like blockchain and digital wallets are changing the face of Islamic banking. There is potential for incorporating digital tools into traditional Islamic financial products (such as Sukuk or Islamic insurance) to increase accessibility, transparency, and efficiency.

Sub Theme 2: Islamic Finance and Sustainable Development Goals (SDGs)

• Aligning Islamic Finance with ESG Criteria

Investigating how Islamic finance might help to drive global sustainability initiatives by incorporating environmental, social, and governance (ESG) principles into investment strategies. Islamic finance's role in funding green initiatives such as renewable energy projects or sustainable agriculture using Shariah-compliant instruments such as Green Sukuk.

• Using Islamic Financial Instruments to Support Long-Term Growth

How can Islamic financial instruments, such as Islamic bonds (Sukuk), be used to support infrastructure development, affordable housing, and clean energy by the SDGs for cheap and clean energy, sustainable cities, and climate action?

Sub Theme 3: Blockchain and Islamic Finance: Opportunities and Challenges

• Leveraging Blockchain for Shariah-compliant transactions

Blockchain technology might improve Islamic financial transactions' efficiency, security, and transparency, particularly in trade financing and cross-border payments.

• Smart and Islamic Financial Contracts

Exploring the compatibility of smart contracts with Islamic finance concepts, focusing on automating and maintaining Shariah compliance in asset management and property financing.

Sub Theme 4: Islamic Fintech and Financial Inclusion

• Bridging the Financial Access Gap

Fintech can boost Muslim financial inclusion, particularly in areas with limited access to traditional banking institutions. The role of Islamic fintech in empowering small and medium-sized businesses (SMEs) through microfinance and peer-to-peer lending arrangements.

• Innovations in Islamic Crowdfunding and Peer-to-Peer Lending

Analyzing how Islamic crowdfunding platforms promote social and economic growth while upholding ethical values such as risk-sharing and interest prohibition

Sub Theme 5: Regulatory Challenges and Opportunities in Digital Islamic Finance

• Risk Management in the Digital Age

How regulators and Shariah boards respond to emerging technologies while keeping financial products compliant with Islamic law and avoid the negative impact of the easy access to finance through the digital approach due to the low level of self-control of the community.  The obstacles and opportunities for Shariah compliance in digital banking products and services.

• Cross-Border Regulatory Coordination

Examining how global and regional regulatory frameworks help or impede the expansion of Islamic fintech, especially as Islamic finance becomes more integrated into the global financial system. 

Sub Theme 6: Ethical Investment in a Digital World

• Digitizing Ethical Investment Platforms

How technology may assist in managing ethical investment portfolios by Islamic finance principles, particularly in healthcare, education, and renewable energy.

• AI and Big Data's Impact on Ethical Investment Decisions

Investigating the potential of artificial intelligence and big data analytics in analyzing the ethical viability of investment options within the framework of Islamic finance while guaranteeing compliance with Shariah law and global sustainability goals.

Sub-theme 7: Navigating Geopolitical Uncertainty with Islamic Finance

• Islamic Finance as a Stabilizing Force

Islamic financial principles for resilience in uncertain global environments, including trade conflicts, energy shocks, and political instability.

• Risk Mitigation and Diversification Strategies

Shariah-compliant frameworks for managing financial risks in volatile geopolitical contexts.

INTERNATIONAL CONFERENCE

The 11th International Islamic Monetary Economics and Finance Conference and Call for Papers is planned to be held on October 30, 2025 in Jakarta, Indonesia with hybrid mode (online and in-person). It will be officially opened by the Governor of Bank Indonesia, Honorable Dr. Perry Warjiyo, who will also deliver his keynote address.

It is followed by a plenary session with international prominent speakers. The plenary speakers will be announced soon. The plenary sessions will be moderated by Professor Mansor H. Ibrahim, INCEIF University.

SUBMISSION GUIDELINES:

• The abstract should contain a paragraph containing 150 – 250 words (in English) and no references.

• For the article, 2 – 4 keywords are sufficient; JEL Classifications: 2 – 4.

• Only full papers along with the abstracts, a maximum of 10,000 words, should be submitted and follow a scientific approach, which includes but is not limited to:

• The article's title should be no more than 12 words: Introduction; Literature Review; Methodology; Results and Analysis; Conclusion and Recommendation; Acknowledgment (if any).

• Format: Papers should be formatted according to the JIMF guidelines, available at https://jimf-bi.org/index.php/JIMF/author-guidelines

• Review Process: All submissions will undergo a peer-review process to ensure academic rigor and relevance.

IMPORTANT DATES

REGISTRATION & SUBMISSION INFORMATION

• Authors are recommended to follow the guideline of the Journal in the JIMF website.
• Registration and submission of full paper must be done electronically through online submission system through https://submit.confbay.com/conf/iimefc2025
• If you have not registered with ConfBay before, click on Register to create ConfBay Account and follow the instructions given.
• If you have registered with ConfBay in a previous conference, you may use the same ID and Password to Log In the system.
• After logging in, you will be able to submit your paper through the Online Submission System.
• Click on the "My Submission" menu and follow the instructions shown on the screen.
• You will receive a notification email if your submission was successful.

REGISTRATION FEE

Free Registration

PUBLICATION

Papers will be accepted for oral presentation (hybrid) at the conference and included in the publication. The possible publication of papers in the Journal of Islamic Monetary Economics and Finance (with rewards).

AWARDS & REWARDS

• Papers accepted for publication will be rewarded Rp.5.000.000 (including tax).
• Two best papers will be selected and rewarded Rp.10.000.000 (including tax) each.
• Accommodation and travel allowance for the authors of selected papers will be provided by Bank Indonesia (valid for 1 person only for each paper), at cost for maximum of Rp.10.000.000 (including tax), conditional on authors signing a copyright transfer form and letter of commitment.

CONTACTS

Journal of Islamic Monetary Economics and Finance
Bank Indonesia Institute - Bank Indonesia 

Jl. M.H. Thamrin No.2, Jakarta 10350
E-mail: jimf@bi.go.id; journal.jimf@gmail.com

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