Institutional Aspects of Economic, Monetary and Financial Reforms

Doha - Qatar, 23-24 March 2015

Hamad bin Khalifa University Student Center

The Tenth ICIEF at a Glance

The effects of the financial crisis of 2007-2008 and the ensuing Great Recession are still being experienced today. Systemic risk in the economy means that financial crises are not only confined to the financial markets—they lead to very strong real costs in terms of their effects on GDP, unemployment and trade. As a result, the existing structure of the economic, financial and regulatory system and policy framework is continuing to be questioned at the highest level of intellectual and political discourse. There has been a wide recognition of the need for economic, monetary, and financial reforms. The question is, does Islamic economics and finance offer the reforms that are required? Or does Islamic economics itself also need to undergo transformation? At the same time, the importance of reforms is reduced in underdeveloped institutional environments. Discussions about institutional aspects of reform, such as culture, transparency, the quality of legal systems, and bureaucratic quality are required. In addition, the growing emphasis on ethics and morality in economic and financial transactions highlights the structural problems undermining the confidence in the current system and, in turn, the pressing need for more durable alternatives. New methodologies, frameworks, and datasets need to be explored to help inform policy.

To highlight some and more of these issues, the Tenth ICIEF is being jointly organized by the Center for Islamic Economics and Finance at the Qatar Faculty of Islamic Studies, Hamad bin Khalifa University; the Islamic Development Bank (IDB) Group through its Islamic Research and Training Institute (IRTI); and the International Association for Islamic Economics (IAIE), with the support of other stakeholders. The Conference will be held for three days during 23-24 March 2015, in Doha, Qatar, under the theme “Institutional Aspects of Economic, Monetary and Financial Reforms”.

Program of Events

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Final submission of Papers:
October 30th 2011

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