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Islamic Economics Institute
Document Details
Document Type
:
Article In Conference
Document Title
:
Funding Research in Islamic Economics and Finance
تمويل البحث في الاقتصاد الإسلامي
Subject
:
Funding Research in Islamic Economics and Finance
Document Language
:
English
Abstract
:
This paper presents some preliminary thoughts on funding research primarily in Islamic economics. It bases its proposals on the fact that despite more than 30 years of research and publications in the area of Islamic economics and finance, the overwhelming proportion of attention has been given to the latter, with research in Islamic economics not keeping up, in both total number of researchers and funding sources and allocation. The paper highlights the need to allocate resources, both human and financial, to more fundamental research in Islamic economics as these foundational areas have not been sufficiently researched. The paper also argues, citing the experience of western economics that without sufficient attention on these foundations, applied areas including finance, will also be adversely affected in the long run. Data from Malaysia is used to support this main thesis that much more needs to be done to support research in Islamic economics. The paper also highlights the need to establish an International Fund for Research in Islamic Economics (IFRIE) and discusses possible features, sources scope and priority research areas, types of funds combined with proposals to ensure that the fund is administered efficiently. The paper ends with calls for immediate action in the setting up of a joint international Islamic economics Research Council to oversee the development and management of the proposed fund.
Conference Name
:
7th International Conference on Islamic Economics
Duration
:
From : 24-3-1429 AH - To : 26-3-1429 AH
From : 1-3-2008 AD - To : 3-3-2008 AD
Publishing Year
:
1429 AH
2008 AD
Number Of Pages
:
14
Article Type
:
Article
Conference Place
:
King Abdulaziz University, Jeddah
Organizing Body
:
Islamic Economics Research Center
Added Date
:
Thursday, July 1, 2010
Researchers
Researcher Name (Arabic)
Researcher Name (English)
Researcher Type
Dr Grade
Email
محمد أسلم حنيف
Haneef, Mohamed Aslam
Researcher
Doctorate
Files
File Name
Type
Description
27256.pdf
pdf
Funding Research in Islamic Economics and Finance
Back To Researches Page