• Important Dates:
  • Closing Date for Abstract submission by 31 October 2024
  • Notification of Acceptance by 14 November 2024
  • Closing Date for Early Bird Registration by 30 November 2024
  • Last Date of Registration by 15 December 2024
  • Full paper submission by 15 December 2024
  • Conference dates: 4 - 6 February 2025

1st International Conference on

Islamic Finance
& Sustainability

Balai Khazanah Islam Sultan Haji Hassanal Bolkiah
4-6 February 2025

Conference Theme

THE ROLE OF ISLAMIC FINANCE IN ACHIEVING SUSTAINABLE DEVELOPMENT

Expecting 40 - paper presenters, both local and international

Expecting 30 - participants, both local and international

Best Paper Awards

  • 1st Prize – BND 1,500
  • 2nd Prize – BND 1,000
  • 3rd Prize – BND 750

Doctoral Student Workshop & Panel Session with Editors

Special workshop offered for advanced finance doctoral students working on their theses.

Conference Theme

THE ROLE OF ISLAMIC FINANCE IN ACHIEVING SUSTAINABLE DEVELOPMENT


In the current global financial landscape, integrating sustainability principles is increasingly crucial. Conventional financial models often fall short in addressing social equity, environmental protection, and economic resilience. Islamic finance, with its principles of risk-sharing, asset-backing, and ethical investment, offers a unique solution. However, its potential to contribute to sustainable development goals (SDGs) remains underexplored and underutilised.

There is a critical need to better align Islamic financial models with sustainable development, addressing challenges such as poverty alleviation, climate change, and sustainable infrastructure. These challenges represent an opportunity for Islamic finance to offer innovative solutions and lead to a more inclusive and sustainable financial system. Economic uncertainties, environmental crises, and social inequalities amplify the urgency to explore Islamic finance.

Conference Topics

Papers in all areas of Islamic finance, accounting, and economics dealing with sustainable development issues are welcome. Specific topics include, but are not limited to:

  1. 1. Islamic Finance and Poverty Alleviation:
    Exploring how Islamic financial instruments can contribute to reducing poverty and promoting equitable wealth distribution.

  2. 2. Islamic Finance and Circular Economy:

    Exploring how the principles and instruments of Islamic finance can shape the circular economy.


  3. 3. Green Sukuk and Environmental Sustainability:

    Discussing the role of Sukuk (Islamic bonds) in financing environmentally sustainable projects.


  4. 4. Islamic Microfinance and Rural Development:

    Focusing on the impact of Islamic microfinance in supporting rural communities and small-scale enterprises.


  5. 5. Ethical Investment and Corporate Social Responsibility in Islamic Finance:

    Examining how Islamic finance promotes ethical investment practices and corporate social responsibility.


  6. 6. Technology and Innovation in Islamic Finance:

    Exploring the role of fintech and innovative solutions in advancing Islamic finance.


  7. 7. Islamic Banking and Financial Inclusion:

    Discussing strategies for using Islamic banking to improve financial inclusion, especially for marginalized communities.


  8. 8. Risk Management in Islamic Finance:

    Addressing the unique risk management challenges and strategies in Islamic financial institutions.


  9. 9. Islamic Finance and Gender Empowerment:

    Examining the role of Islamic finance in promoting gender equality and empowering women economically.


  10. 10. Sustainable Infrastructure Development through Islamic Finance:

    Exploring how Islamic finance can be leveraged to fund sustainable and resilient infrastructure projects.


  11. 11. Islamic Insurance (Takaful) and Social Protection:

    Discussing the role of Takaful in providing social protection and supporting health and welfare systems.


  12. 12. Islamic Finance in the Context of Global Economic Crises:

    Analyzing the resilience of Islamic financial institutions during economic downturns and global crises.


  13. 13. Cross-border Transactions and International Trade in Islamic Finance:

    Exploring how Islamic finance facilitates cross-border transactions and supports international trade.


  14. 14. Islamic Finance and Education: Investing in the Future:

    Discussing the investment in education sectors through Islamic financial instruments.


  15. 15. Islamic Finance for Sustainable Agriculture and Food Security:

    Exploring the role of Islamic finance in promoting sustainable agricultural practices and ensuring food security.


  16. 16. Regulatory Frameworks and Policy Development in Islamic Finance:

    Examining the need for supportive regulatory environments and policies to foster the growth of Islamic finance aligned with sustainable development goals.

Call for Participants


Submission

Abstract Deadline 14 January 2025
Abstract Acceptance Notification 14 January 2025
Full Paper Deadline 15 January 2025
Acceptance Notification 16 January 2025
Camera-ready Paper Deadline 3 February 2025
Early Bird Deadline 30 November 2024
Participant Registration Deadline 4 February 2025

Registration & Submission


Registration and submission of full paper must be done electronically through the ConfBay online submission system.


  • For First time user, click on the "Registration" menu to create ConfBay Account, and proceed for conference registration by logging in the system. For existing ConfBay user, proceed Login.
  • You must enter a valid email address. All notification will be sent via registered email.
  • If you wish to make a submission, please register as "Presenter".
  • Click on the "Online Submission" menu to submit your full paper/manuscript, and follow the procedure.
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Best Paper Award

Three papers will be selected for the best paper award. All submitted papers will be reviewed based on merit, novelty and practical application. Papers registered after 15 December 2024 and online presentation will not be considered for the awards.

The Award Category

  • 1st Prize – BND 1,500
  • 2nd Prize – BND 1,000
  • 3rd Prize – BND 750
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Conference Fee

No Category Early Bird
Before 30 November 2024
Normal
1 Physical - Local Presenter (General) BND 250.00 BND 300.00
2 Physical - International Presenter (General) USD 250.00 USD 300.00
3 Physical - Local Presenter (Student) BND 75.00 BND 100.00
4 Physical - International Presenter (Student) USD 75.00 USD 100.00
5 Physical - Local Participants (General) BND 100.00 BND 150.00
6 Physical - International Participants (General) USD 100.00 USD 150.00
7 Physical - Local Participants (Student) BND 50.00 BND 100.00
8 Physical - International Participants (Student) USD 50.00 USD 100.00
9 Online - International Presenter (General) USD 200.00 USD 250.00
10 Online - International Presenter (Student) USD 50.00 USD 75.00

Payment Information


Payment must be done electronically through the ConfBay online submission system.


  • 1) Go to https://epay.ubd.edu.bn/account/sign_in
  • 2) Choose either you are a UBD Staff/Student or Public
  • 3) For UBD Staff/Student - Log in using your UBD registration number or e-mail name without @ubd.edu.bn and UBD e-mail password
  • 4) For Public - Log in using your signed up e-mail

NOTE: Recommended to use Google Chrome and allow/unblock the pop-up blockers in PC/Laptop/Mobile settings.

Benefits to Participants

Discover the latest research, trends, and innovations in Islamic finance and its role in sustainable development.

Deepen knowledge of how Islamic finance can address global challenges such as poverty alleviation, climate change, and sustainable infrastructure.

Network with professionals to create collaborations, partnerships, and new business opportunities.

Gain insights into policies and strategies that can effectively incorporate Islamic finance into broader sustainable development agendas

Explore innovative financial instruments and models that can drive sustainability and economic resilience.

Participate in discussions and debates that can influence the future direction of Islamic finance and sustainable development.

Contribute to shaping a more inclusive and ethical financial system.

Programmes

Day 1
BRUNEI TIME

4 February 2025, Tuesday

Venue: Balai Khazanah Islam Sultan Haji Hassanal Bolkiah

08:30 AM

Registration and Arrival of Guests

08:50 AM

Arrival of Guest of Honour (GOH)

09:00 AM

Opening Ceremony

Welcome Address:

Yang Mulia
Dr. Hazri bin Haji Kifle
Vice Chancellor of Universiti Brunei Darussalam

Speech by the Guest of Honour:

Yang Berhormat
Dato Seri Setia Dr Awang Haji Mohd Amin Liew Bin Abdullah, CFA,
Minister at The Prime Minister's Office
Minister of Finance and Economy II

Exchange of MOU documents

Keynote Address:

Professor Dr. M. Kabir Hassan
Professor of Finance,
University of New Orleans, USA

10:30AM – 11:00AM Refreshments and Networking
11:00AM – 12:30PM

Panel Discussion: "Shaping the Future of Islamic Finance: Innovation and Sustainability in Practise"

Speakers:

Mr. Arsalaan (Oz) Ahmed (Berjaya Capital Berhad)
Dr. Aida Othman (Zico Shariah)
Mr. Effendi Othman (UN Global Compact Malaysia & Brunei)
Ms. Ezza Hani (BIBD Securities)

Moderator:

Dr. Mohd Hairul Azrin bin Haji Besar (UBD School of Business and Economics)
12:30PM – 1:30PM Network session/lunch/pray dhuhr
1:30PM – 3:00PM Parallel Session 1
3:00PM – 3:30PM Tea/coffee break
3:30PM – 5:00PM Parallel Session 2
Day 2
BRUNEI TIME

5 February 2025, Wednesday

Venue: Balai Khazanah Islam Sultan Haji Hassanal Bolkiah

08:30AM – 10:00AM

Panel Discussion: "Shaping the Future of Islamic Finance: Innovation and Sustainability in Practise"

Speakers:

Prof. Dr. M Kabir Hassan (UNO)
Prof. Dr. Mansor Ibrahim (INCEIF)
Prof. Dr. Hassan Abu Bakar (UUM)
Assoc. Prof. Dr. Hakimah Yaacob (UNISSA)

Moderator:

Dr. Lutfi Abdul Razak (UBD)
10:00AM – 10:20AM Tea/coffee Break
10:20AM – 12:30AM Parallel Session 3
12:30PM – 01:30PM Networking Lunch
01:30PM – 03:00PM Parallel Session 4
03:00PM – 03:30PM Tea/Coffee Break
03:30PM – 05:30PM Parallel Session 5
07:30PM – Onwards Closing Ceremony Dinner and Announcement of Best Paper Awards
Day 3
BRUNEI TIME

6 February 2025, Wednesday

Venue: Universiti Brunei Darussalam

08:30AM – 10:00AM

Workshop: Preparing Research Proposals and Grant Applications for PhD Students and Early Career Researchers (max 30 participants)

Facilitators:

Prof. Ishaq Bhatti (UBD)

Venue:

UBDSBE Conference Room
10:00AM – 10:30AM Tea/coffee Break
10:30AM – 12:00AM

Panel Discussion: "Insights from Journal and Book Editors"

Panelists:

Prof. Dr. M Kabir Hassan (UNO)
Prof. Dr. M Ishaq Bhatti (Universiti Brunei Darussalam)
Assoc Prof Dr Norazlina Abd Wahab (Universiti Utara Malaysia)
Dr. Ali Hengchao Zhang (INCEIF University)

Moderator:

Dr. Mohd Hairul Azrin (UBD School of Business and Economics)

Venue:

Ruang Bicara Minda, UBD Library
12:30PM – 01:30PM Networking Lunch
01:30PM – Onwards Kenali Negara Kitani (Optional Local Exploration/Engagement Activity)


Doctoral Student Workshop and Panel Session with Editors


Doctoral Student Workshop

UBDSBE is offering a special workshop for advanced finance doctoral students working on their theses. This programme is free of charge for all PhD students attending the conference.


Panel Session

Following the tutorial, a panel session will be hosted with journal editors and reviewers, providing an excellent opportunity for students to gain valuable insights and feedback on their research.

Kenali Negara Kitani

“Kenali Negara Kitani” is a Malay phrase that translates to “Get to Know Our Country” in English. It is a concept that emphasizes the importance of understanding and appreciating one’s own country, its culture, history, heritage, and natural environment. This programme includes a tour of the exhibition at Khazanah Islam Sultan Haji Hassanal Bolkiah (BKISHHB) and an optional bus tour that takes participants to the Taman Mahkota Jubli Emas and Omar Ali Saifuddien Mosque in Bandar Seri Begawan.

Taman Mahkota Jubli Emas

Taman Mahkota Jubli Emas is a riverfront park located on a riverbank section along the Kedayan River leading to the mouth which flows into the Brunei River. The park features 6-metre wide promenade for pedestrian and cyclists, as well as a garden and green spaces for recreational activities

There are eleven access points into the park: nine from the land and two from the river via jetties. One of the access points is through Sultan Omar 'Ali Saifuddien Pedestrian Bridge, which crosses the river and connects the park with the opposite riverbank near the commercial area Batu Satu.

Taman Mahkota Jubli Emas

Taman Mahkota Jubli Emas

Omar Ali Saifuddien Mosque

Omar Ali Saifuddien Mosque

Omar Ali Saifuddien Mosque

Contact

Location

UBD School of Business and Economics
Universiti Brunei Darussalam
Jalan Tungku Link BE1410
Negara Brunei Darussalam

Call Us

+673 2460922/2460923
(Ext:1102/1104/1105)

Email Us

icifs.brunei@ubd.edu.bn


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