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Islamic Economics Workshop VIII

Lütfi Sunar, Fatih Savaşan, Ayhan Karahan, Necmettin Kızılkaya, Süleyman Kaya, Mustafa Çalışır, Zeyneb Hafsa Orhan, Ömer Bedrettin Çiçek, Taha Eğri, Ahsan Shafiq23 July 2019

Note: This workshop has been postponed to September due to the precautions taken under COVID-19.

Research Center for Islamic Economics (IKAM) will organize 8th Islamic Economics Workshop with the sponsorship of Albaraka Turk Participation Bank. The workshop is organized in collaboration with Scientific Studies Association (ILEM), Turkish Entrepreneurship and Business Ethics Association (IGIAD) and Sakarya University from 16 to 18 April, 2020. The theme of this year’s workshop is “Institutional Perspectives in Islamic Economics”.

It has not been so long since the famous credit crunch which emanated from few financial institutions exacerbated into a systematic risk overshadowing the whole financial structure in multiple countries. A collapse of some financial institutions hit several economies with their macroeconomic indicators plummeting one after other. The existing structure of the economic, financial and regulatory system and policy framework is therefore continuing to be questioned at the highest level of intellectual and political discourse. In this context, there has been a wide recognition of the need for proper economic and financial institutions. The question however posed at the outset is about the capability of Islamic financial institutions in bridging the gap conventional institutions have left. Academic literature is rife with classical case studies on waqf, articles about microfinance and juristic opinion about law of contracts yet what is missing is their transformation into products and institutions tailored for needs of concurrent times. Hence, the pioneers have blazed the trail, what is left is the development of modern day institutions conforming to needs of society theoretically embedded in their classical structures from Islamic history. With this aim, under patronage of IKAM, experienced academia from Islamic economics discipline would gather and offer different perspectives, critically evaluate the existing works and propose suggestions to set a common future course of action. In this framework, topics that will be covered in the workshop related to the topic of “Institutionalization in Islamic Economics” should address but are not restricted to the following themes:

  1. Islamic economic institutions of classical times and their application in the contemporary world
  2. The provision of public goods and shortcomings of classical Waqf structures
  3. Contemporary issues related to social role of Awqaf
  4. New practices of Islamic Contract Law
  5. The Islamic microfinance and its diffusion: Sustainable financial systems for the poor
  6. Financing of SMEs
  7. Social Finance institutions
  8. Product Development and Maqāṣid in institutionalization of Islamic finance
  9. Zakat: New suggestions for its institutionalization
  10. Crowdfunding models
  11. Entrepreneurship and institutions for the common good
  12. Institutionalization of Islamic FinTech
  13. Regulatory institutions in an Islamic economy
  14. Income distribution and new tax applications
  15. New Partnership Models
  16. International economic institutionalization from the perspective of Islamic economics
  17. Foreign trade regimes from the perspective of Islamic economics

Application Form

https://forms.gle/FkZ1g4DoQudSpkk3A