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Bismillahir Rahmanir Raheem

Call for Paper

International Seminar on

Islamic Alternatives to Poverty Alleviation:

Zakat, Awqaf and Microfinance

Venue: Dhaka, Bangladesh

24-26 November 2006

SPONSORSIslamic Research and Training Institute, IDB

Islamic Economics Research Bureau, Dhaka

Islami Bank Bangladesh Ltd., Dhaka

Important DatesSubmission of Abstracts: August 25, 2006

Submission of Papers: September 30, 2006

Notification of Acceptance: October 15, 2006

Please send your abstract to:Dr. Habib Ahmed

Islamic Research and Training Institute

Islamic Development Bank, JeddahFAX: 966-2-637 8927

E-mail: Hahmed@isdb.org

Or

Prof. Md. Sharif Hussain

General Secretary, IERB

E-mail : ierb@bdcom.com

mailto:ierb@bdcom.commailto:ierb@bdcom.com

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Dear Brothers,

Islamic Research and Training Institute (IRTI) of Islamic Development Bank Group,Jeddah, Islamic Economics Research Bureau, Dhaka, and Islami Bank Bangladesh Ltd.,

Dhaka are organizing an International Seminar on "Islamic Alternatives to Poverty

Alleviation: Zakat, Awqaf and Microfinance" on November 24-26, 2006. The Seminar

organizers encourage the submission of papers related to various aspects of povertyalleviation from Islamic perspectives. Issues of interest are included in the attached

'Outline of Seminar'. The papers are expected to be original, lucid, error free, and

analytically rigorous. Selected papers contributed to the Seminar are likely to bepublished. The papers can be theoretical, empirical, and case studies. The upper limit for

the size of the paper is 10,000 words.

There is no submission fee. All abstracts and papers will go through a refereeing process

before acceptance by the Seminar Technical Committee. The organizers will pay for the

authors coming from outside Bangladesh single round-trip economy class air ticket, and

for their boarding and lodging.

For the authors coming from inside Bangladesh a token honorarium of Tk. 15,000/- per

head will be paid.

OUTLINE OF THE SEMINAR

Different policies have been tried in the last few decades to mitigate the menace of

poverty, but it still persists extensively globally and in IDB member countries in

particular. With the failure of experimenting in top-down (trickle down) developmentpolicies for a few decades to alleviate poverty in most developing countries, financing

micro-enterprises is considered a "new paradigm" for bringing about development anderadicating absolute poverty. At the same time, Islam has instilled various institutions and

structures through which income and wealth can be redistributed to fulfill the basic needs

for all in the society. Among others, zakat, awqaf, and qard hassan played important rolein increasing the overall welfare and mitigating poverty. Though there has been many

seminars/conferences/workshops organized on issues related to microfinance, there has

been no attempts to study how it can be combined with the traditional Islamic institutions

to create newer models and synergies. The objectives of the seminar are :

(a) to solicit papers that discuss how these traditional institutions and microfinance can be

used in contemporary times to alleviate poverty in Muslim societies.

(b) to make theoretical and case-study contributions that are expected to examine how the

institutions of zakat and waqf can be revitalized by developing alternative workablemodels.

(c) will also seek contributions that discuss how the social objectives of the Islamic

financial system can be served by integrating the traditional Islamic institutions (zakat,awqaf, and qard hassan) with microfinance to raise the earning capabilities and incomes

levels of the poor.