Fwd: CIEF Free Online Event - Knowledge, Economy, and Islamic Finance: A New Institutional Economics Perspective
Uzma Bashir
From: Dr. Mumtaz Ahmed <mumtaz.mu...@gmail.com>
Date: 20 November 2013 16:48
Subject: Fwd: CIEF Free Online Event - Knowledge, Economy, and Islamic Finance: A New Institutional Economics Perspective
To: Uzma Bashir <uzma.ec...@gmail.com>
From: CIEF <ci...@qfis.edu.qa>
Date: Wed, Nov 20, 2013 at 3:52 PM
Subject: CIEF Free Online Event - Knowledge, Economy, and Islamic Finance: A New Institutional Economics Perspective
To: CIEF <ci...@qfis.edu.qa>
Dear Islamic Economics and Finance Community,
The Center for Islamic Economics and Finance (CIEF) at the Qatar Faculty of Islamic Studies (QFIS) in Doha is pleased to invite you to attend a free public lecture that will be streamed online.
The lecture will be shown on http://www.qfis.edu.qa/live/watch-live
Title: Knowledge, Economy, and Islamic Finance: A New Institutional Economics Perspective
Speaker: Dr. Habib Ahmed, Professor at University of Durham (UK) and Visiting Professor at QFIS
Date: Thursday, 21 November 2013
Time: 4:15pm (GMT) to 6:00pm (GMT)
Venue: QFIS, Qatar Foundation, Hall No: B015
Cost: Free for all
E-mail: ci...@qfis.edu.qa
Synopsis: New Institutional Economics (NIE) takes a multi-disciplinary approach to explain how economic structures evolve and change over time. Economic structure is studied at four levels: culture, institutions, organizations, and transactions. While culture embodies the body of knowledge of different societies, the nature and growth of knowledge determine the type and evolution of institutions, organizations, and transactions in an economy. Given this New Institutional Economics framework, failure of Islamization of economies can be explained by the lack of Islamic knowledge needed to produce the appropriate institutions and organizations in an economy. After examining the status of knowledge in the Muslim world, example of the status of Islamic finance will be presented to illustrate how dormant Islamic scholarship led to problems of implementing financial structures entailing Islamic ethos. Establishing an Islamic economic structure in general and a genuine Islamic financial system would require reorientation of culture towards creation of new Islamic knowledge that can build appropriate institutions, organizations, and transactions.
If you would like to participate in the discussion during the event, simply e-mail us your questions and comments.
Best wishes,
Center for Islamic Economics and Finance
Qatar Faculty of Islamic Studies
Hamad Bin Khalifa University
Tel: +974 445 46624/42560 Fax: +974 445 42560
P.O.Box : 34110 Doha, Qatar
Website: www.qfis.edu.qa
P.S. This announcement has been sent to you due to your similar research and professional interests. If you do not wish to receive further e-mails from our Center regarding future related events and conferences, please send an e-mail to ci...@qfis.edu.qa with the subject "unsubscribe".
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