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Important Dates (GMT +8:00)

  1. Full Paper Deadline: 15 October 2017
  2. Acceptance Notification: 25 October 2017

Announcement

Thematic Workshop on Enhancing Poor’s Capability And Financial Inclusion From Islamic Perspective 

Islamabad, Pakistan, 11th - 12th December, 2017

Organised by

Islamic Research and Training Institute (IRTI)
International Islamic University Islamabad (IIUI)


Thematic Workshop on Enhancing Poor’s Capability And Financial Inclusion From Islamic Perspective


Islamabad, Pakistan, October 31 2017

Organised by

Islamic Research and Training Institute (IRTI)
International Islamic University Islamabad (IIUI)



CALL FOR PAPERS


Thematic Workshop on Enhancing Poor’s Capability And Financial Inclusion From Islamic Perspective
Islamabad, Pakistan, October 31 2017


Islamic Research and Training Institute, a member of Islamic Development Bank Group (IRTI/IDB) and International Islamic University Islamabad (IIUI) are partners and have joined hands, in recent past, in a number of international conferences, symposia, and seminars having bearing on Islamic economics and finance. In a current endeavour, both the organizations are jointly organizing a Thematic Workshop on Enhancing Poor’s Capability And Financial Inclusion From Islamic Perspective from 11th to 12th December, 2017.

Despite exemplary growth of Islamic finance over the past decades, already reaching USD 2.00 trillion mark, neither the poor segments of the societies have been duly attended to nor the common masses have been offered with adequate chance to benefit from Islamic financial services. The corporate sector has virtually become the major beneficiary of this development since the Islamic financial institutions have ignored the objective of value orientation pertaining to Islamic finance. Therefore, the financial exclusion has been the core issue needed to be duly addressed.

Islamic Development Bank (IDB) has initiated a number of programs focusing development of micro and small enterprises in member countries, the latest being Youth Employment Support Programs to address the unemployment issues of educated youth by developing entrepreneurial capacity and providing financial resources through Islamic financial instruments. However, to reach the appropriate scale, the effort and will of the political governments is required to pave the ways and means to address the issue.

In many developing countries, the majority of population lives in rural areas while financial institutions concentrate in urban centers. Consequently, they remain underserved in terms of access to financial services. This situation requires the governments and the societies to play catalytic role by supporting an inclusive financial sector and country level policy framework should be developed with a clear vision to face the challenge of devising well thought out action plan.

Financial inclusion has achieved significance in formulation of Sustainable Development Goals (SDGs), a new development architecture that succeeds the Millennium Development Goals (MDGs). In addition, a significant prominence was accorded to this subject at the United Nations Third International Conference on Financing for Development (FfD) held in Addis Ababa, Ethiopia, in July 2015. At the Group of Twenty (G-20), financial inclusion has been given due importance in the reform and development agendas (World Bank, 2014).

SDGs require that extreme poverty be eradicated by 2030 and reduce at least by half the proportion of men, women and children of all ages living in poverty in all its dimensions according to national definitions. The goals also require that by 2030, all men and women, in particular the poor and the vulnerable, should have equal rights to economic resources, as well as access to basic services, ownership and control over land and other forms of property, inheritance, natural resources, appropriate new technology and financial services, including microfinance.

The worldwide research has also indicated low access to economic opportunity by the people of limited means. Women in this context even lag behind men in terms of access to financial services.  The gender gap varies widely across economies and regions, South Asia, the Middle East and North Africa exhibit the largest gender gaps where women are about 40 per cent less likely than men to have a formal account.

The workshop has been planned keeping these considerations in view, which is expected to bring together the multilateral institutions, practitioners, academicians, microfinance networks/forums, regulators, and development activists. The workshop is also expected to bring forth recommendations that will help in devising sustainable strategy for enhancing financial inclusion and capability of the poor to benefit from economic and social resources.

Submission of Papers
IRTI/IsDB and IIUI invite to submit the papers covering but not limited to the following thematic areas related to the subject of the workshop:

Full papers must be submitted via online submission system.

Step 1: Click on Log in (For existing ConfBay Account User) or Register (First time ConfBay User)
Step 2: Log in the ConfBay System
Step 3: Click on "My Submission" and follow the instruction

Full Paper must be in Microsoft Word format (doc, docx). Please do not submit ZIP files.


Important Dates
Receipt of full papers     15th October 2017
Notification of selected papers    25th October 2017
Workshop     11th to 12th December 2017

Language of the Workshop
The language of the Workshop will be ‘English’. A limited number of papers will be allowed to be presented in Arabic through an arrangement of translation from Arabic to English.

The Participants
The participants, amongst others, will include academicians, practitioners, think tanks, graduate students pursuing research in Islamic finance, regulators and other industry representatives.

Sponsorship
Keynote speakers and authors of the selected papers, travelling from outside (outside from Pakistan and Islamabad), will be provided sponsorship in respect of following:


Registration Fee
The participants from Pakistan are required to pay the registration and attendance fee as under:


The fee will cover the lunches and tea of the workshop days.    

Proceedings/Publication
The papers presented at the workshop will be reviewed for consideration to be publish by IRTI in the book of proceedings.

Academic Contact

Dr. Abd Elrhman Saaid
Islamic Economic Research Division IRTI/IDBG
E-mail : aelzahi@isdb.org
Tel : +966 2 646 6226

Dr. Muhammad Khaleequzzaman
International Islamic University Islamabad
Email: khaleequzzaman@iiu.edu.pk
Office: +92 51 9258026 Cell: +92 333 5153766


ORGANISERS