IslamicFinance.de

THE NINTH INTERNATIONAL CONFERENCE ON
ISLAMIC ECONOMICS AND FINANCE (ICIEF)
Growth, Equity and Stability: An Islamic Perspective
10-12 September 2013, Istanbul, TURKEY

The Ninth ICIEF at a Glance

Recovery from the global financial crisis and subsequent economic downturn remains fragile. Persistent risks to financial and economic development include sluggish growth in developed countries – which is now spilling over into developing economies as well; increasing income and wealth inequalities; and still-unrestored financial, economic and political stability in many regions. High poverty and unemployment rates, large macroeconomic imbalances, deteriorations in sovereign credibility, increasing food price volatility and food shortages, and lack of access to basic infrastructure further intensify and magnify these risks – particularly for the underprivileged segments of the world population. As a result, for many countries it has become even more challenging to achieve the Millennium Development Goals (MDGs) set by the United Nations.

The existing structure of the economic and financial system is also continuing to be questioned at the highest level of intellectual and political discourse. 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.

To highlight some and more of these issues, the Ninth ICIEF is being jointly organized by the Statistical, Economic &
Social Research and Training Centre for Islamic Countries (SESRIC), a subsidiary organ of the Organisation of Islamic
Cooperation (OIC), the Islamic Development Bank (IDB) Group through its Islamic Research and Training Institute
(IRTI), the International Association for Islamic Economics (IAIE), and the Qatar Foundation’s Hamad Bin Khalifa University through its Qatar Faculty of Islamic Studies (QFIS), with the support of other stakeholders. The Conference will be held for three days on 10-12 September 2013, in Istanbul, Turkey, under the theme “Growth, Equity and Stability: An Islamic Perspective”.