8th International Conference

“Advancing Islamic Finance: Principles, Practices, and Regulatory Frameworks for Sustainable Growth

Conference Dates: 1-3 November, 2023


Department of Islamic Thought, History & Culture
Faculty of Arabic and Islamic Studies
Allama Iqbal Open University Islamabad


W.M. Zaki Hall, Academic Complex
Allama Iqbal Open University

The Department of Islamic Thought, History and Culture, Faculty of Arabic and Islamic Studies, Allama Iqbal Open University (AIOU), Islamabad is organizing its first International Conference on “Advancing Islamic Finance: Principles, Practices, and Regulatory Frameworks for Sustainable Growth”. Islamic finance is rapidly growing, and there is a need to discuss its various aspects, including its principles, practices, applications, and opportunities. The conference aims to provide a platform for scholars, researchers, practitioners, and policymakers to exchange ideas, insights, and experiences on Islamic finance. This topic allows for a holistic examination of various aspects related to Islamic finance, including product development, capital and money markets, Shariah governance, risk management, and the application of AAOIFI’s Shariah standards. It provides an opportunity to explore the interconnectedness of these subjects and their contributions to the sustainable growth of the Islamic finance industry. The conference could also feature keynote speakers, panel discussions, and paper presentations on the latest research and innovations in Islamic finance. Through panel discussions, paper presentations, and networking sessions, the conference seeks to contribute to the development of knowledge and best practices in the field of Islamic finance. Researchers, academicians, professionals, and policymakers interested in advancing Islamic financial education are invited to submit abstracts and papers that align with the conference theme. Accepted papers will be published in conference proceedings, providing a valuable resource for the wider academic and professional community.

Key themes to consider within this topic include:

  1. Islamic Finance Principles and Ethics
    • Understanding the core principles of Islamic finance
    • Ethics and values in Islamic finance
    • The role of Shariah compliance in financial transactions
    • Islamic Banking and Finance Practices
  2. Innovations in Islamic banking products and services
    • Takaful (Islamic insurance) and risk management
    • Sukuk (Islamic bonds) issuance and trading
    • Sustainable Finance in Islamic Banking
  3. Integrating sustainability into Islamic finance practices
    • Green and ethical investments in Islamic finance
    • Sustainable development goals (SDGs) and Islamic finance
    • Regulatory Frameworks for Islamic Finance
  4. Regulatory challenges and opportunities in Islamic finance
    • Regulatory harmonization and standardization
    • Regulatory compliance and risk management
    • Fintech and Digital Transformation in Islamic Finance
  5. Digital banking and fintech solutions for Islamic finance
    • Blockchain and cryptocurrency in the Islamic finance ecosystem
    • Mobile banking and financial inclusion in Islamic finance
    • Islamic Finance and Economic Development
  6. The role of Islamic finance in economic development
    • Infrastructure financing through Islamic finance
    • Microfinance and poverty alleviation
    • Globalization and International Collaboration
  7. Cross-border Islamic finance transactions and challenges
    • International cooperation in regulating Islamic finance
    • Expanding the global reach of Islamic finance institutions
    • Financial Inclusion and Outreach
  8. Promoting financial inclusion through Islamic finance
    • Microfinance and small business development
    • Social finance and zakat-based initiatives
    • Islamic Finance and Sustainable Development Goals (SDGs)
  9. Aligning Islamic finance with SDGs
    • Case studies on projects supporting SDGs through Islamic finance
    • Measuring the impact of Islamic finance on sustainable development
    • Islamic Finance and Risk Management
  10. Risk assessment and mitigation strategies in Islamic finance
    • Liquidity management in Islamic banks
    • Regulatory perspectives on risk management
    • Corporate Governance in Islamic Finance Institutions
  11. Governance frameworks for Islamic banks and financial institutions
    • Role of boards and management in ensuring Sharīʿah compliance
    • Transparency and accountability in Islamic finance
    • Islamic Capital Markets and Investment
  12. Equity markets and Islamic investment strategies
    • Real estate and property investment in compliance with Shariah
    • Portfolio management and asset allocation in Islamic finance
    • Islamic Microfinance and Small Business Development
  13. Microfinance models in Islamic finance
    • Supporting entrepreneurship and small business growth
    • Success stories in Islamic microfinance
    • Islamic Wealth Management and Estate Planning
  14. Wealth preservation and inheritance planning in Islamic finance
    • Family wealth management under Shariah principles
    • Islamic trust structures and their applications
    • Islamic Social Finance and Zakat Management
  15. Zakat collection and distribution mechanisms
    • Impactful zakat-funded projects
    • Zakat and corporate social responsibility (CSR)
    • Islamic Finance and Financial Inclusion in Emerging Markets
  16. Challenges and opportunities for Islamic finance in emerging economies
    • Expanding access to financial services in underserved regions
    • Case studies of successful Islamic finance initiatives in emerging markets
    • Islamic Finance and Sustainable Agriculture
  17. Agriculture financing under Islamic principles
    • Sustainable farming practices in Islamic finance
    • The role of Islamic finance in food security
    • Islamic Finance and Islamic Social Entrepreneurship
  18. Supporting social entrepreneurs through Islamic finance
    • Measuring social impact in Islamic social entrepreneurship
    • Collaboration between Islamic finance institutions and social enterprises
    • Islamic Finance and Women’s Empowerment
  19. Women’s participation in Islamic finance leadership
    • Promoting women’s entrepreneurship through Islamic finance
    • Gender-sensitive financial products and services
    • Islamic Finance and Technology Innovation
  20. FinTech solutions for Shariah-compliant finance
    • Artificial intelligence and data analytics in Islamic finance
    • Cybersecurity and fraud prevention in Islamic banking
    • Islamic Finance and Environmental Sustainability
  21. Green financing and renewable energy projects in Islamic finance
    • Sustainable supply chain finance under Shariah principles
    • Measuring environmental impact in Islamic finance
    • Islamic Finance and Real Estate Investment
  22. Sharīʿah-compliant real estate investment opportunities
    • Real estate development and financing models
    • Real estate investment trusts (REITs) in Islamic finance
    • Islamic Finance and Islamic Economic Thought
  23. Historical perspectives on Islamic economics
    • Modern interpretations of Islamic economic philosophy
    • Relevance of Islamic economic thought in contemporary finance
    • Islamic Finance and Ethical Investment Screening
  24. Ethical investment criteria in Islamic finance
    • Ethical investment funds and indices in Shariah-compliant finance
    • Balancing profit and ethics in Islamic finance
    • Islamic Finance and Economic Resilience
  25. Economic resilience strategies in Islamic finance during crises
    • Role of Islamic finance in mitigating economic shocks
    • Case studies of resilience in Islamic finance institutions
    • Islamic Finance and Financial Inclusion for Refugees
  26. Financial inclusion initiatives for refugee populations
    • Refugee entrepreneurship and access to Islamic finance
    • Partnerships between humanitarian organizations and Islamic finance institutions
    • Islamic Finance and Sustainable Tourism
  27. Sustainable tourism financing under Shariah principles
    • Islamic hospitality and halal tourism investments
    • Tourism development and cultural preservation in Islamic finance
    • Islamic Finance and Islamic Philanthropy
  28. Role of Islamic finance in supporting charitable activities
    • Waqf (endowment) management and its impact on communities
    • Corporate philanthropy in Islamic finance institutions
    • Islamic Finance and RegTech (Regulatory Technology)
  29. The application of technology in regulatory compliance for Islamic finance
    • RegTech solutions for Shariah compliance monitoring
    • Regulatory reporting and data management in Islamic finance
    • Islamic Finance and ESG (Environmental, Social, and Governance) Integration
  30. Integrating ESG factors into Islamic finance investment decisions
    • ESG disclosure and reporting in Shariah-compliant finance.
    • Evaluating the social and environmental impact of Islamic finance institutions


Important Dates

Conference Dates:
1-3 November 2023
Abstract Submission Date:
25 September 2023
Abstract Acceptance Acknowledgment:
30 September 2023
Date for Final Paper Submission:
15 October 2023

Chief Organizer

Prof. Dr. Mohyuddin Hashimi
Contact No. +92-51-9573100, +92-51-9573101
Email: mohyuddin.hashmi@aiou.edu.pk

Contact Information

Dr. Ahmed Abdul Rehman
Contact No. +92-51-9573381
Email: icit@aiou.edu.pk icit@aiou.edu.pk

Registration Process

Submit abstract on this Link
(Google Form): https://forms.gle/qtDo7C5CYyhHzRoG8 (Abstract submission closed)

Registration Fee

Presenters’ Fee
Virtual Presentation for Pakistani ScholarsRs. 1000
On-Campus Presentation for Pakistani ScholarsRs.2000
On-Campus Presentation + Accommodation for Pakistani ScholarsRs.3000
Certificate Fee (for Co-author)Rs. 1000
Refreshment/ Lunch and Certificate Fee (for Co-author)Rs. 2000
Accommodation/ Refreshment/ Lunch and Certificate Fee (for Co-author)Rs. 3000
Fee submission form for Presenters
Participants’ Fee
Rs. 1000
Certificate Fee +
Certificate Fee +
Refreshment/Lunch + Accommodation (Subject to availability)
Certificate Fee + Refreshment/Lunch + Accommodation for Students (Subject to availability)Rs. 3000
Registration form for Participants

Conference Fee payment procedure

  1. Open the link http://online.aiou.edu.pk/challan/Other.aspx
  2. Write the Name of the participant in Name/Dept/Region box
  3. Select “Conference Fee” from Purpose of Fee box
  4. Write “icit2023” in Description box (Please avoid writing description other than “icit2023 ” in description box)
  5. Write amount in amount box
  6. Click on “I agree”
  7. Click on Download button
  8. Get print of the generated challan and deposit in any branch of ABL, MCB, FWBL, UBL or through Easypaisa, Jazzcash, Upaisa
  9. Submit AIOU copy on the google link or to the Registration desk on the day of conference

Note: On Desk Registration / Fee Submission facility is also available.