Experts are scheduled to discuss the future of Islamic Economics & Finance online between June 14-20. Turkish President Recep Tayyip Erdoğan is going to make an opening speech. The conference is hosted by Istanbul Sabahattin Zaim University (IZU) in coordination with the Islamic Development Bank‘s Islamic Research and Education Institute (IRTI).
The main objective of the online conference is to contribute to a better understanding of the role of Islamic Economics & Finance in the wake of the COVID-19 pandemic to combat poverty.
Speakers at the conference are going to discuss topics, including the Islamic money and capital markets in Turkey, entrepreneurship, global financial architecture, digital economy, the Fourth Industrial Revolution, and good governance and sustainable development goals.
Since 1976, Saudi Arabia, Malaysia, Qatar, and the United Kingdom have hosted the biennial conference.
The rector of IZU, professor Mehmet Bulut, said the conference will be carried out online for the first time in its history because of the coronavirus outbreak.
“Turkey, despite entering the field of Islamic economics and finance a bit late, with its historic background and knowledge has the potential to lead the field. Thanks to the conference, opportunities for prestigious academicians to work in Turkey will increase,” Bulut said, highlighting that the conference will also breathe new life into Turkey’s Islamic banking, also known as participation banking, sector, which was joined by state leaders in recent years.
Among some 500 applications submitted to the conference, 200 of them were accepted by the science board. Some 132 academicians from 32 countries will present their papers via videoconference.